PM A Management information systems and data analytics

Written by Mahnoor Sheikh (ACCA)

ACCA · Performance Management · 6 questions

Name: ____________________ Date: ____________

Which information system gives senior managers summaries and trends to support strategic decisions?
- A A transaction processing system
- B A point of sale system
- C An executive information system
- D A payroll system
A network that is shared with selected outside parties such as suppliers is called:
- A An intranet
- B A local network only
- C An extranet
- D The public internet
Which pair gives the correct order of the big data pyramid, from the base to the top?
- A Data, information, knowledge, wisdom
- B Knowledge, data, information, wisdom
- C Wisdom, knowledge, information, data
- D Information, data, wisdom, knowledge
A manager analyses why sales fell last quarter. Which type of analytics is this?
- A Predictive analytics
- B Prescriptive analytics
- C Descriptive analytics
- D Diagnostic analytics
Which of these is a risk of using big data?
- A It removes the need for human judgement
- B It always lowers the cost of decisions
- C It guarantees correct conclusions
- D Breaches of privacy and data protection rules
What does an ERP system do?
- A Stores only email
- B Links the main functions of the organisation through a shared database
- C Records only payroll
- D Replaces all managers

Answer key

1. C, 2. C, 3. A, 4. D, 5. D, 6. B

Executive information systems provide high level summaries for strategic planning.
An intranet is private to the organisation, and an extranet is shared with selected outsiders.
Data is processed into information, then knowledge, then wisdom.
Diagnostic analytics looks at why something happened.
Big data brings privacy risks, quality problems and the danger of false patterns.
ERP systems integrate finance, production, sales and other functions.