POBF 3.00

One way for businesses to obtain needed information efficiently is to:

Access a database

The reason businesses obtain information usually is to apply it in order to:

Accomplish a task

After an employee collects the necessary facts, what is the next step that an employee should take to solve a problem?

Analyze the information

Which is an internal factor that might influence a business owner's decision making?

Comfort with risk

What do most businesses use to store information for future use?

Computer Systems

Which is the most efficient tool for gathering the external information that businesses need?

Internet

Which is a true statement about a management information system (MIS)?

It may be on part of a business's overall information management

One of the purposes of information management is to provide businesses with the strategic information they need to:

Make long-term decisions

Information management can be a challenge because:

Many people do not understand what it is

An important problem-solving skill for individuals to have is the ability to be:

Objective

Shannon's best friend has been excluding her lately. They were supposed to go shopping together, but her friend called and canceled. Shannon is upset about it. This is an example of which type of problem?

Peer

The newly redesigned Toyota Corolla is an example of:

Product innovation

Several employees are facing the possibility of being laid off from work. By concluding that they should look for new jobs before that happens, the are:

Solving problems

Employees who have innovation skills are able to:

Think in new ways

Why is it important for businesses to store information for future use?

To make it accessible

Businesses evaluate the quality and source of the information they obtain to make sure the information is:

Useful