Principles of Business Unit 2

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

• create sales presentations

• develop short term goals

• make long term decsions

• write a report

Information management can be a challenge because:

• there is often not enough

• many people do not understand what it is

• there is only one right way

• no one wants to do it

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

• it may be one part of a business's overall information system

• its the same thing as an information management system

• it does not assist with a business

• it includes people, processes and practices

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

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

• develop a need

• develop a database

• accomplish a task

• evaluate a source

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

• libary

• internet

• software

• textbooks

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

• cd-roms

• computer systems

• display screens

• scanners

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

• random

• scientific

• technical

• useful

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

• contact competitor

• schedule interview

• read a book

• access a database

One factor that might limit the human resources available for certain jobs is a/an:

• organized training program

• inadequate pay level

• good safety record

• appealing company image