Exploring Data and AI Concepts

What are the key components of data management techniques?

• Data analysis

• Data governance, data quality management, data architecture, data integration, data storage, data security.

• Data visualization

• Data mining

Explain the difference between data and information.

• Data is raw, unprocessed facts; information is processed data with meaning.

• Data is always accurate; information can be misleading.

• Data is only numerical; information can be textual.

• Data is a summary of information; information is detailed facts.

What is the role of a Human Resource Information System (HRIS)?

• To manage customer relationships and sales data.

• To track financial transactions of the company.

• The role of a Human Resource Information System (HRIS) is to manage and streamline HR processes and employee data.

• To oversee the company's marketing strategies.

List three benefits of implementing e-services in organizations.

• Greater reliance on physical resources and infrastructure.

• Increased paperwork and manual processes.

• 1. Enhanced efficiency through streamlined processes. 2. Improved customer satisfaction with easier access to services. 3. Reduced operational costs via automation.

• Higher customer frustration due to complex systems.

Define Artificial Intelligence in simple terms.

• Artificial Intelligence is the simulation of human intelligence in machines.

• Artificial Intelligence is the study of human emotions.

• Artificial Intelligence is a type of computer hardware.

• Artificial Intelligence refers to the internet and its applications.

What is the information lifecycle management process?

• The information lifecycle management process includes creation, storage, use, archiving, and deletion of information.

• Archiving without deletion

• Use and sharing of information

• Creation and storage only

How can knowledge management strategies improve organizational efficiency?

• Knowledge management strategies improve organizational efficiency by enhancing information sharing and decision-making.

• By increasing the number of hierarchical levels in the organization.

• By limiting access to information resources.

• By reducing the need for training programs.

What are some common data management tools used today?

• PowerPoint

• Excel

• Google Docs

• Some common data management tools are MySQL, MongoDB, Apache Hadoop, Microsoft SQL Server, and Tableau.

Describe the importance of data quality in decision-making.

• Data quality only matters in technical fields.

• Data quality is essential for accurate and effective decision-making.

• Data quality is irrelevant to decision-making.

• High data quality can lead to poor decisions.

What are the main functions of an HRIS?

• The main functions of an HRIS include managing employee data, payroll processing, recruitment, performance management, benefits administration, and compliance reporting.

• Managing customer relationships

• Sales forecasting

• Inventory management