POB Midterm Review #2

One way for businesses to obtain needed information efficiently is to:

• contact a competitor.

• schedule an interview.

• read a book.

• access a database.

Why is it important for businesses to store information for future use?

• to make it accessible

• to interpret data

• to establish quality control

• to protect it from overuse

The reason businesses obtain information usually is to apply it in order to:

• determine a need.

• develop a database.

• accomplish a task.

• evaluate a source.

Businesses evaluate the quality and source of the information they obtain to make sure the information is:

• random.

• scientific.

• technical.

• useful.

Which is the most efficient tool for gathering the external information that businesses need?

• library

• Internet

• software

• textbooks

Businesses assess their information needs to determine the type of information that will help them deal with:

• ethical issues.

• job applicants.

• personal relationships.

• specific problems.

What do most businesses use to store information for future use?

• CD-ROMs

• computer systems

• display screens

• scanners

Which is a true statement about a management information system (MIS)?

• It may be one part of a business's overall information management program.

• It is the same thing as an information management program.

• It does not assist with a business's information management

  program.

• It includes people, processes, and practices.

Information management can be a challenge because:

• there is often not enough information to manage.

• many people do not understand what it is.

• there is only one “right” way to do it.

• no one wants to participate in it.

One of the purposes of information management is to provide businesses with the strategic information they need to:

• create sales presentations.

• develop a short-term advertising campaign.

• make long-term decisions.

• write an annual report.