Managing Information and Technology

The physical tools and equipment used to collect, input, store, organize, and process data and to distribute information.

• Software

• Hardware

• Internet

• Intranet

Cloud computing is experiencing increasing popularity due to the convenience of not maintaining servers.

• True

• False

Artificial intelligence can help your business when you need pattern detection or surface-level decision-making capability.

• True

• False

 The cloud is more reliable as corporations who specialize in cloud computing are less likely to make configuration errors that could be catastrophic to a business’ operations.

• True

• False

Some of the problems that have arisen due to rapid internet-based technological advances include malicious software (or malware), which includes computer viruses, worms, and spyware.

• True

• False

Data becomes information when they are processed, organized and formatted, which gives the data meaning.

• True

• False

The cloud offers a lower cost, as a business doesn’t have to pay for an IT Team to maintain the servers, and the cost related to upgrading it if they’re paying a provider to host the servers for them.

• True

• False

The first key difference between B2C and B2B e-commerce is that B2C is selling products/services to individual final customers, while B2B is selling products/services to other businesses.

• True

• False

The multi-layered approach begins with data mining/collection, The data then gets processed by business intelligence systems to provide meaningful information, which can then be given to managers to help them make better decisions.

• True

• False

Decision support systems can provide high-quality information to managers to help them make better decisions through a multi-layered approach.

• True

• False