FIS-Quiz2

What is an Information System (IS)?

• A system that generates reports for businesses

• A set of components that collect, store, and process data, providing information
  
  

• A database management system
  
  

• A hardware device used for data storage

Which of the following is NOT a component of an information system?

• Hardware

• Software

• Data

• Strategy

What is the primary purpose of an information system in an organization?

• To store large amounts of data

• To process transactions quickly

• To support decision making and control

• To ensure data security

What does ERP stand for?

• Enterprise Resource Planning

• Enterprise Reporting Program

• Electronic Resource Planning

• Enterprise Resource Program

Which of the following best describes a Database Management System (DBMS)?

• A system that manages the hardware resources of an organization

• Software used to manage and organize data in databases

• A set of rules for data communication

• A type of hardware device for storing data

What is the key characteristic of a Transaction Processing System (TPS)?

• It is used to create detailed reports

• It processes data in batch mode

• It processes data immediately and updates in real-time

• It is primarily used for strategic decision-making

Which of the following is a characteristic of an Executive Information System (EIS)?

• It is designed for operational managers

• It provides routine reports and summaries

• It is used to support executive decision-making

• It handles day-to-day transaction processing

What is Business Intelligence (BI)?

• The use of data and statistical methods to gain insights into business performance

• The ability of a company to predict future trends

• A software application for managing business operations

• A hardware system for data processing

Which of the following is an example of unstructured data?

• A customer database

• Financial transaction records

• Social media posts

• An Excel spreadsheet

What is the primary goal of Customer Relationship Management (CRM) systems?

• To manage customer transactions

• To store customer data securely

• To enhance customer satisfaction and loyalty

• To automate marketing campaigns