PM A Management information systems and data analytics

Which information system gives senior managers summaries and trends to support strategic decisions?

• 1 A transaction processing system
• 2 A point of sale system
• 3 An executive information system
• 4 A payroll system

A network that is shared with selected outside parties such as suppliers is called:

• 1 An intranet
• 2 A local network only
• 3 An extranet
• 4 The public internet

Which pair gives the correct order of the big data pyramid, from the base to the top?

• 1 Data, information, knowledge, wisdom
• 2 Knowledge, data, information, wisdom
• 3 Wisdom, knowledge, information, data
• 4 Information, data, wisdom, knowledge

A manager analyses why sales fell last quarter. Which type of analytics is this?

• 1 Predictive analytics
• 2 Prescriptive analytics
• 3 Descriptive analytics
• 4 Diagnostic analytics

Which of these is a risk of using big data?

• 1 It removes the need for human judgement
• 2 It always lowers the cost of decisions
• 3 It guarantees correct conclusions
• 4 Breaches of privacy and data protection rules

What does an ERP system do?

• 1 Stores only email
• 2 Links the main functions of the organisation through a shared database
• 3 Records only payroll
• 4 Replaces all managers