Appropriate information management saves businesses time and money by

maintaining higher levels of productivity.

The accountant needs last year’s tax return. However, he can’t find it anywhere. Which guideline is not being followed?

Make sure that information is retrievable

Which of the following is a trend in information management:

Increased compliance laws and regulations

How does appropriate information management affect a business’s relationship with its customers?

Serve customers more efficiently

Wireless networks are now more common due to

increased distribution of the workforce.

Which of the following is a true statement about information

It is data put into a useful form

Why can Information management be a challenge?

many people don’t understand what it is.

Which of the following is a true statement about a management information system (MIS)

It may be one part of a business’s overall information management program.

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5.01 Business Essentials

20 termsStudBud Administration757 plays

Information Systems

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Questions 20

Answers

1
Appropriate information management helps a business build a good reputation by
offering quality products
being consistent.
charging high prices
eliminating all mistakes.
2
Which of the following U.S. laws relates to information management:
The Landrum-Griffin Act
The Sarbanes-Oxley Act
The Sherman Antitrust Act
The Taft-Hartley Act
3
Appropriate information management saves businesses time and money by
maintaining yearly raises for employees.
increasing information overload.
ncreasing paper trails.
maintaining higher levels of productivity.
4
Which of the following actions is a part of information management
Observing competitors
Diseminating information
Creating Technology
Creating Data
5
A risk involved with information management is being unprepared for a government
election.
loan.
audit.
tax break.
6
A risk involved with information management is leaving customers unprotected from
high prices
identity theft
faulty products.
bad customer service.
7
A benefit of informed decisions is that they
are usually bad decisions.
reduce a business’s risk.
hurt a business’s chances at competing.
cost less money.
8
The accountant needs last year’s tax return. However, he can’t find it anywhere. Which guideline is not being followed?
Prioritize information management needs according to business needs
Make sure that information is retrievable
Set and consistently follow organizational information management practices
Make sure that information is accurate
9
Which of the following is a trend in information management:
Increased number of workers in the office
Decreased competition
Increased compliance laws and regulations
Decreased number of electronic documents
10
Managing information for business continuity is important in case of
low sales volume
a drop in stock price.
a disaster.
high employee turnover.
11
How does appropriate information management affect a business’s relationship with its customers?
Serve customers more efficiently
Earn higher profits
Lose focus on customers
Make better financial decisions
12
Wireless networks are now more common due to
information overload.
government regulations requiring them.
increased competition.
increased distribution of the workforce.
13
Which of the following is a true statement about information
It is simple to manage
It has no value for an organization.
It is data put into a useful form
It is the same thing as data.
14
Why can Information management be a challenge?
there is often not enough information to manage.
there is only one right way to do it.
no one wants to participate in it.
many people don’t understand what it is.
15
Information management can be a challenge because the business world is
suffering from a lack of information
constantly changing.
completely dependent on paper files.
not open to new technology.
16
Who is responsible for information management?
An information technology manager
Everyone in the organization
The information management department
The chief executive officer
17
Managing information regarding copyrights and trademarks helps a company preserve its
identity.
customers.
correspondence.
inventory
18
Which of the following is a true statement about a management information system (MIS)
It includes people, processes, and practices
It does not assist with a business’s information management program
It is the same thing as an information management program.
It may be one part of a business’s overall information management program.
19
Information usually comes in either physical form or __________ form
note card
book
verbal
electronic
20
Which of the following is an example of a type of information a business must manage
Competitors’ payrolls
Accounting records
Employees’ personal bills
Government spending

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