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Question 1:    What is Business Intelligence?

                         Computer-based information systems that provide interactive information support to managers and business professionals
                          An information system that produces information products that support many of the day-to-day decision-making needs of managers
                          Executive class information delivery and decision support software tools used by lower levels of management
                          Information systems that provide top executives, managers, analysts, and other knowledge workers with immediate and easy access to information about a firm's key factors
                          Systems based on the thinking and behavior patterns of an expert in a specialized area

Question 2:   How can IT help in decision making?

                         By providing solutions
                          By providing up-to-date data
                          By providing systematic effectiveness
                          By providing Quality Information
                          By providing inter-organizational collaboration

Question 3:    Which of the following is a characteristic of the content dimension of Information?

                         Scope
                          Clarity
                          Currency
                          Media
                          Detail

Question 4:    What is a structured decision?

                         Decision situations where it is not possible to specify the decision procedures in advance
                          Decision options which can inconclusively be ordered in advance
                          Decision procedures that can be pre-specified, but not enough to lead to a definite recommended decision
                          Situations where the procedures can be specified in advance
                          Decision outcomes which are known in advance

Question 5:    What is a decision support system?

                         Information systems that provide hardware to support decision makers
                          Computer-based information systems that provide interactive information support to managers and business professionals during the decision-making process
                          Information systems that provide Support for individual (or Group), Ad hoc (impromptu), decision making
                          A and B
                          B and C

Question 6:    When the value of one variable is changed repeatedly and the resulting changes in other variables are observed, it is called:

                         Sensitivity analysis.
                          Optimization analysis.
                          What-if analysis.
                          Goal-seeking analysis.
                          Psychoanalysis

Question 7:    What is a Management Information System?

                         Information systems that provide top executives, managers, analysts, and other knowledge workers with immediate and easy access to information
                          Computer-based information systems that provide interactive information support to managers and business professionals during the decision-making process
                          Information systems that provide Support for individual (or Group), Ad hoc (impromptu), decision making
                          Software that enables mangers and analysts to interactively examine and manipulate large amounts of data from many perspectives
                          An information system that produces information to support many of the day-to-day decision-making needs of managers

Question 8:    What is Artificial Intelligence?

                         A field of science and technology based on genetic programs
                          A field of science and technology based on neural networks
                          A field of science and technology which uses plasma based algorithms
                          A field of science and technology based on disciplines such as computer science, biology, psychology, linguistics, mathematics, and engineering
                          A field of science and technology based on DNA functioning

Question 9:    What constitutes Case-Based knowledge representation?

                         A hierarchy or network of entities consisting of a complex package of data values
                          Rules and statements that typically take the form of a premise and a conclusion
                          Examples of past performance, occurrences and experiences
                          Intuitive and sensory derived future images
                          Data and the methods or processes that act on those data

Question 10:   What is a fuzzy logic?

                         A software surrogate for an end user or a process that fulfills a stated need or activity by using built-in/learned knowledge base
                          Computing systems modeled after the brain’s mesh-like network of interconnected processing elements
                          Natural language, speech recognition, and the development of multi-sensory devices that use a variety of body movements to operate computers
                          A method of reasoning that resembles human reasoning allowing for approximate values and incomplete data
                          The use of information technology to help gather, organize, and share business knowledge within an organization