BMII Unit 4 Practice Test

Appropriate information management helps a business build a good reputation by:

• charging high prices.

• being consistent.

• eliminating all mistakes.

• offering quality products.

Tags

4.01

Businesses can protect customer personal information by:

• holding onto personal information forever.

• using personal information only when necessary.

• 
  collecting as much personal information as possible.

• charging a premium when selling personal information to a third party.

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4.04

To reduce the risk of employees sharing trade secrets with industry rivals, businesses might require their employees to:

• develop a mission statement.

• sign a nondisclosure agreement.

• analyze annual financial reports.

• complete standard personnel forms.

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4.03

ABC Corporation makes its employees sign a noncompete agreement. This agreement states that employees who leave the company are restricted from working for a competitor for two years. The purpose of this agreement is to make sure that competitors are unable to obtain ABC Corporation's trade secrets. What type of information is ABC Corporation protecting?

• business

• employee

• technology

• management

Tags

4.02

To secure confidential financial data transmitted through the Internet, businesses often use:

• bots.

• pixels.

• image maps.

• encryption techniques.

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4.01

Which action is part of information management?

• creating information

• updating technology

• 
  observing competitors

• 
  disseminating information

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4.03

A business can prevent its trade secrets from further disclosure to third parties by asking the court to issue a/an:

• appeal.

• contract.

• injunction.

• 
  warrant.

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4.02

During a staff meeting, the company's president states, "Samari Enterprises experienced a three percent increase during the first quarter and a five percent increase during the second quarter of this fiscal year." What type of information is the president providing?

• raw data

• 
  tacit knowledge

• personal opinion

• explicit knowledge

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4.02

Tim is the technology manager for the MSJ Company. He is responsible for backing up the computer system every evening to ensure the company has a copy of each day’s computer activities and transactions. On Tuesday evening, Tim was running late for a meeting and decided not to conduct the backup activities. Later that night, the computer system crashed and all of Tuesday’s computer data was lost. By apologizing to his boss for making a poor decision and offering to work extra hours to help fix the problem, Tim was:

• taking the time to make informed decisions.
  

• 
  promising not to make any mistakes in the future.

• blaming others for the consequences of his actions.

• accepting the consequences for the decisions he made.

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4.02

To reduce the risks associated with noncompliance, a business should continuously monitor:

• government regulations.

• competitors’ activities.

• 
  judicial opinions.

• social etiquette.

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4.01