Bsns106 Finance?
BSNS106
Lecture 2 1. What is the distinction between data and information? 2. Describe the four attributes of information quality: Timeliness, Location, Form and Validity.
Lecture 3 1. What is business intelligence, and how does it differ from just having information? 2. What is information flow? Describe each of the following directions of information flow – horizontal, vertical, incoming/outgoing. 3. Describe each of the steps presented in the slide "From Problems to Decisions...". 4. What is information literacy and what are the desirable traits of an information literate person?
Lecture 4 1. What is the main advantage of using computer-based information systems over traditional manual information systems? 2. What is a transaction processing system used for within an organisation? 3. Why do we focus on transaction processing systems in BSNS 106? 4. Why are people considered to be an important component of an information system? 5. What types of information systems are typically used by high-level management? Computer-based information systems are organised collections of people, procedures, software, databases and hardware used to maintain information to meet an organisational objective Information systems play important roles in all organisational activities, so it is important that you have a basic understanding of their function Transaction processing systems are the foundations upon which business intelligence is built. Lecture 5 (Lab 2) 1. Describe how visual communication effects: a. the ability to identify complex relationships in data. b. the ability to easily determine the exact value of a single data point. c. the ability to easily compare the relevant difference between two data points. d. the ability to emphasise or uncover a relationship in a data set relevant to one’s argument. 2. What is chart junk
Lecture 2 1. What is the distinction between data and information? 2. Describe the four attributes of information quality: Timeliness, Location, Form and Validity.
Lecture 3 1. What is business intelligence, and how does it differ from just having information? 2. What is information flow? Describe each of the following directions of information flow – horizontal, vertical, incoming/outgoing. 3. Describe each of the steps presented in the slide "From Problems to Decisions...". 4. What is information literacy and what are the desirable traits of an information literate person?
Lecture 4 1. What is the main advantage of using computer-based information systems over traditional manual information systems? 2. What is a transaction processing system used for within an organisation? 3. Why do we focus on transaction processing systems in BSNS 106? 4. Why are people considered to be an important component of an information system? 5. What types of information systems are typically used by high-level management? Computer-based information systems are organised collections of people, procedures, software, databases and hardware used to maintain information to meet an organisational objective Information systems play important roles in all organisational activities, so it is important that you have a basic understanding of their function Transaction processing systems are the foundations upon which business intelligence is built. Lecture 5 (Lab 2) 1. Describe how visual communication effects: a. the ability to identify complex relationships in data. b. the ability to easily determine the exact value of a single data point. c. the ability to easily compare the relevant difference between two data points. d. the ability to emphasise or uncover a relationship in a data set relevant to one’s argument. 2. What is chart junk