A) variety
B) veracity
C) volume
D) velocity
98) What is a collection of large, complex datasets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools?
A) big data
B) data scientist
C) data analyst
D) descriptive analytics
99) What is big data?
A) a collection of large, complex datasets, including structured and unstructured data, which cannot be analyzed using traditional database methods and tools
B) processes and manages algorithms across many machines in a computing environment
C) focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization
D) extracts knowledge from data by performing statistical analysis, data mining, and advanced analytics on big data to identify trends, market changes, and other relevant information
100) In Lou’s Pizza Planet Inc., each department works independently. The sales and marketing department focuses on providing goods and services to customers and maintains transactional data, the finance and accounting department focuses on managing the organization’s resources and maintains monetary data, and the human resources department focuses on hiring and training people and maintains employee data. In the context of how Lou’s functions, which of the following best describes the situation?
A) data silos
B) data democratization
C) data digitization
D) data science
101) What of the following terms describes a situation at a company when one business unit is unable to freely communicate with other business units?
A) data silos
B) data democratization
C) competitive advantage
D) productivity
102) How are most companies today typically organized?
A) by departments or functional areas
B) by departments or financial areas
C) by degree or financial areas
D) by manager or knowledge area
103) How does a company operate if it wants to be successful in the information age?
A) functionally independent between departments
B) interdependently between departments
C) together as one department with little or no independence
D) each department acting as its own individual business unit
104) Most companies are typically organized by departments or functional areas. Which of the following is not a common department found in a company?