Information management can be a challenge because

many people don’t understand what it is.

Appropriate information management saves businesses time and money by

maintaining higher levels of productivity.

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

Which of the following is a trend in information management:

Increased compliance laws and regulations

Carson is a staff accountant and can't find last year's tax returns. Which info mgmt guideline is NOT being followed?

Make sure that information is retrievable.

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

Businesses serve customers more effectively.

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.

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BM II 4.01 - Information Mgt

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Business Management II Unit 4.01 NF-110 - Information Mangement

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Questions 20

Answers

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

BM II 4.01 - Information Mgt Flashcards | StudBud