Preview

Business Information Systems

Good Essays
Open Document
Open Document
2056 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Information Systems
PTMA 3020--- Module 4 Review Questions
Chapter 10
1. What is a decision? When does a person have to make a decision?
A decision is a conclusion or resolution reached after a thought out consideration of variables in a problem. When more than one possible action is involved in solving a problem, a decision must be made.
2. Calculating a complex trajectory of a spaceship to Mars is a structured problem, whereas diagnosing the cause of a rash on a person’s skin is often unstructured. How so?
A structured problem is one in which an optimal solution can be reached through a single set of steps. Since the one set of steps is known, and since the steps must be followed in a known sequence, solving a structured problem with the same data always yields the same solution. This sequence of steps is known as an algorithm. An unstructured problem is one for which there is no algorithm to follow to reach an optimal solution— either because there is not enough information about the factors that might affect the solution or because there are so many potential factors that no algorithm can be formulated to guarantee a unique optimal solution. Unstructuredness is closely related to uncertainty.
3. DSSs use models to process data. Explain what a model is. Give an example that is not mentioned in the chapter.
A sequence of events or a pattern of behavior might become a useful model when the relationships among its inputs, outputs, and conditions can be established well enough that they can be used to analyze different parameters. Models are used to predict output on the basis of different input or different conditions or to estimate what combination of conditions and input might lead to a desired output. Models are often based on mathematical research or on experience. A model might be a widely used method to predict performance, such as best- fit linear analysis, or it might be built by the organization, using the experience that employees in the firm have

You May Also Find These Documents Helpful

  • Powerful Essays

    MS2 Assignment1

    • 1704 Words
    • 6 Pages

    2. For a system that is intended to solve a problem that is difficult to define precisely…

    • 1704 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    1. Why is technology considered "invasive"? A. Technology is an integral part of our personal, as well as our professional lives. B. Technology has destroyed many values of society. C. It has forced certain businesses to shut down for good. D. Technology requires that employees work more than 40 hours per week. _____ deals with the planning for, development, management, and use of information technology tools to help people perform all tasks related to information processing and management. A. Management by objectives B. Management information system C. Transaction processing system D. Executive information system Data refers to ____. A. factual information that a person knows B. raw facts that describe a particular phenomenon C. knowledge acquired through study, experience or instruction D. information that have a particular meaning within a specific context Information refers to ____. A. a message expressing an opinion based on incomplete evidence B. a collection of facts from which conclusions may be drawn C. is data that have a particular meaning within a specific context D. raw facts that describe a particular phenomenon What is the primary difference between data and information? A. Information is processed to get data. B. Data is processed to get information. C. Data, unlike information, is related to hardware. D. Data is stored, information is not. You rent a Blu-ray disc of "A Clockwork Orange" for $25. This is an example of ______. A. data B. information C. software D. information system The average price of a movie ticket in the city of New York. is $8. This is an example of _______. A. data B. information C. software D. metadata The grade you earn for a specific college course is _____ and your overall GPA is ____. A. data; information B. information; data C. knowledge; business intelligence D. business intelligence; information system _____ is collective information that gives you the ability to make effective, important, and often strategic…

    • 4453 Words
    • 18 Pages
    Powerful Essays
  • Better Essays

    Assignment Chapter 1

    • 1477 Words
    • 6 Pages

    1.2 Explain how modeling is used in decision analysis. What is meant by the term "requisite decision model"?…

    • 1477 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    1. Integrations allow separate systems to communicate directly with each other, eliminating the need for manual entry into multiple systems.…

    • 20337 Words
    • 139 Pages
    Powerful Essays
  • Satisfactory Essays

    Information Systems

    • 386 Words
    • 2 Pages

    d) Explain how the two tables are related. Which table contains the foreign key? What is the foreign key?…

    • 386 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    104 Syllabus

    • 1947 Words
    • 13 Pages

    model: defining a problem, developing a model, developing a solution, testing the solution, analyzing the economic…

    • 1947 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Making a decision is a process of making a conclusion after consideration. For example you made a decision to brush your teeth or to find something to eat. These are decisions you make on a daily basis. Decisions may appear to you faster than the snap of a finger, but the process or choice you contemplate about may take a while.…

    • 199 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Gm591 Project Out Line

    • 530 Words
    • 3 Pages

    3. Structure – if the problem statement is sufficiently focused, it will provide a basis for decisions…

    • 530 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In other words best-practice security isn 't just good business sense; in some cases, it 's also the law. Legal requirements are vary between specific industries and different jurisdictions. For example, the Health Insurance Portability and Accountability…

    • 2543 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    1. What might have happened to Apple if its top executives had not supported investment in iPads?…

    • 1070 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Decision Support Systems

    • 19136 Words
    • 77 Pages

    Unlike management information systems, decision support systems rely on model bases as well as databases as vital system resources. A DSS model base is a software component that consists of models used in computational and analytical routines that mathematically express relationships among variables. For example, a spreadsheet program might contain models that express simple accounting relationships among variables, such as Revenue — Expenses = Profit. Or a DSS model base could include models and analytical techniques used to express much more complex relationships. For example, it might contain linear programming models, multiple regression forecasting models, and capital budgeting present value models. Such models may be stored in the form of spreadsheet models or templates, or statistical and mathematical programs and program…

    • 19136 Words
    • 77 Pages
    Good Essays
  • Satisfactory Essays

    Q: Which of the following is not one of Thomas Friedman’s 10 forces that flattened the world?…

    • 742 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    the problems associated with the processing and storage of the information gathered. Rather, they only…

    • 2748 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    References: 1. Chartered Global Management Accountant, 2012, Porter’s Five Forces of Competitive Position Analysis, viewed on 28 December 2013 at…

    • 2115 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Data modeling techniques and methodologies are used to model data in a standard, consistent, predictable manner in order to manage it as a resource. Data models support data and computer systems by providing the definition and format of data. From a modeling perspective, the entire problem domain is viewed as a collection of class hierarchies (of objects) that are connected by messages.…

    • 1017 Words
    • 5 Pages
    Better Essays