4.01 RQ

Which of the following actions is a part of information management?

• Creating technology

• Observing competitors

• Creating data

• Disseminating information

Which of the following 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.

Which of the following is a true statement about information?

• It is simple to manage.

• It is data put into a useful form.

• It is the same thing as data.

• It has no value for an organization.

Which of the following is an example of a type of information a business must manage?

• Government spending

• Employees’ personal bills

• Competitors’ payrolls

• Accounting records

Information usually comes in either physical form or form.​ (a)  

• Physical

• Both

• Electronic

A benefit of informed decisions is that they

• are usually bad decisions.

• reduce a business’s risk.

• cost less money.

• hurt a business’s chances at competing.

Appropriate information management saves businesses time and money by

• maintaining higher levels of productivity.

• increasing information overload.

• increasing paper trails.

• maintaining yearly raises for employees.

How does appropriate information management affect a business’s relationship with its customers?

• Businesses earn higher profits.

• Businesses lose focus on customers.

• Businesses serve customers more effectively.

• Businesses make better financial decisions.

Appropriate information management helps a business build a good reputation by

• being consistent.

• charging high prices.

• eliminating all mistakes.

• offering quality products.

Which of the following U.S. laws relates to information management:

• The Sherman Anti-Trust Act

• The Sarbanes-Oxley Act

• The Landrum-Griffin Act

• The Taft-Hartley Act