Information Management 1st Quiz

Question 1

Example of DSS that help businesses manage inventory level, forecast demand & optimize logistics by analyzing sales data

Accepted Answer

Supply Chain DSS

Question 2

The MAIN purpose of a TPS is to manage and process transactions efficiently and reliably and support business operations

Accepted Answer

True

Question 3

OLAP systems are optimized for complex data analysis.

Accepted Answer

True

Question 4

Harness Wealth's technology helps you track your finances, find tax advisors, financial planners and get tax insights

Accepted Answer

True

Question 5

Example of DSS that utilize spatial data to assist in urban planning, environmental management and resource allocation

Accepted Answer

Geographic Information Systems

Question 6

TPS does not have a standard format.

Accepted Answer

True

Question 7

Types of CRM, EXCEPT.

Accepted Answer

Cloud computing CRM

Question 8

The advantage of TPS is that, this system may stop working or slow down due to many transactions.

Accepted Answer

False

Question 9

It use sophisticated mathematical models, and statistical techniques to provide solutions, and they are very interactive

Accepted Answer

Decision Support System

Question 10

A transaction processing system is a software/hardware system that support transaction processing.

Accepted Answer

True

Question 11

AI technologies, such as Salesforce Einstein, have been built into CRM platforms to automate repetitive tasks.

Accepted Answer

True

Question 12

These tools track customer interactions and automate certain business functions of the sales cycle.

Accepted Answer

Sales force automation

Question 13

Type of TPS that offer an immediate response.

Accepted Answer

Real-time processing

Question 14

HubSpot was founded by ______ Halligan and Dharmesh Shah in ____.

Accepted Answer

Brian, 2006

Question 15

Social media in CRM involves businesses directly engaging with customers through platforms like Facebook and LinkedIn.

Accepted Answer

True

Question 16

Below are the advantages of Decision Support System, EXCEPT.

Accepted Answer

High Implementation Costs

Question 17

The main objective of Decision Support Sys. is to provide solutions to problems that are unique and change frequently.

Accepted Answer

True

Question 18

Allow decision-makers to explore different scenarios and evaluate the potential outcomes before making a final decision.

Accepted Answer

Decision Support Systems

Question 19

It is a computer system that processes business transactions, ensuring data availability, security, and integrity.

Accepted Answer

Transaction Processing System

Question 20

Type of TPS collect transactions over a set period of time and process them all at once in scheduled intervals.

Accepted Answer

Batch processing

Question 21

It automates repetitive tasks, enhancing lead generation efforts at various touch points, such as sending email and more

Accepted Answer

Marketing Automation

Question 22

CRM is the combination of practices, strategies and technologies that use to manage and analyze customer interactions

Accepted Answer

True

Question 23

This are the examples of Transaction Processing System, EXCEPT.

Accepted Answer

Financial Planning Systems

Question 24

The primary purpose of a DSS is to enhance the quality of decisions made by individuals or organizations.

Accepted Answer

True

Question 25

OLTP is designed for executing online database transactions.

Accepted Answer

True

Information Management 1st Quiz

Questions 25

Information Management 1st Quiz

Questions 25