A) Who are my best customers?
B) What is my best-selling product?
C) What is my worst-selling product?
D) All answers provide an example of turning data into information.
31) Which of the following provides an example of information?
A) Who is customer number 12345XX?
B) What is product number 12345XX?
C) What customer number is Bob Smith?
D) What is my worst-selling product?
32) Which of the following provides an example of data?
A) Who are my best customers?
B) What is my best-selling product?
C) What is my worst-selling product?
D) Who is customer number 12345XX?
33) Business intelligence is information collected from multiple sources. Which of the following provides an example of a source that would be included in business intelligence?
A) supplier source systems
B) customer source systems
C) competitor source systems
D) All of the answers are correct.
34) Which of the following represents the core drives of the information age?
A) data, information, business intelligence, knowledge
B) fact, data, intelligence, experience
C) fact, intelligence, business skills, knowledge
D) data, intelligence, business information, knowledge
35) Which of the following represents the definition of a variable?
A) a data characteristic that is collected through competitive intelligence and cannot change over time
B) a data characteristic that stands for a value that changes or varies over time
C) a data characteristic that stands for a value that does not change or vary over time
D) a data characteristic that is collected only through competitive intelligence and can change over time
36) Today’s workers are referred to as________, and they use BI along with personal experience to make decisions based on both information and intuition, a valuable resource for any company.
A) knowledge workers
B) knowledge thinkers
C) knowledge resources
D) fact workers
37) What is information collected from multiple sources such as suppliers, customers, competitors, partners, and industries that analyzes patterns, trends, and relationships for strategic decision making?
A) supplier’s intelligence
B) social intelligence
C) employee intelligence
D) business intelligence