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Data and Information in an Organisation Flashcards | StudBud

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"Sales figures" are an example of:

"Using historical data to anticipate supply chain disruptions" demonstrates:

Data and Information in an Organisation

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Answers

1
"Using historical data to anticipate supply chain disruptions" demonstrates:
I have no idea.
Information processing.
Wisdom.
Data collection.
2
"Sales figures" are an example of:
Both
Qualitative data.
Quantitative data.
I have no idea
3
"Tell us about your experience using our services" is an example of:
Qualitative data.
Sensor data.
Quantitative data.
Transactional data.
4
Which of the following describes "knowledge"?
Information applied to gain understanding.
Raw, unprocessed facts.
Market trend analysis.
The ability to make sound judgments.
5
"Using past sales data to predict future trends" demonstrates:
Knowledge application.
Information.
Information processing.
Data collection.
6
Which of these is a common method of data generation using AI and ML?
Customer surveys.
Predictive modelling.
Manual data entry.
Physical sensors.
7
"Targeted marketing" is an example of how businesses use data to:
Monitor users.
Carry out threat/opportunity assessment.
Analyse system performance.
Inform strategic decisions.
8
What is the key difference between data and information?
Data is raw, information is processed to provide context.
There is no difference.
Data is processed to provide context, information is raw.
Data is qualitative, information is quantitative.
9
Which of the following best defines "data"?
Processed information that provides context.
Insights gained from experience.
Raw, unprocessed facts and figures.
Strategic decision-making.
10
IoT devices primarily generate data through:
Market analysis.
Human input.
Transactional records.
Sensors.