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Terms in this set (27)These are collections of data designed to support management decision making, and sometimes serve as repositories of organizational knowledge. a) Data-marts b) Data containers c) Data warehouses d) Data storage centers e) RAID Data Warehouses This is an ad-hoc codification system that manages tags for annotating and categorizing content. a) Collaborative data store b) Folksonomy c) Data mart d) Socio-content e) Social Network Folksonomy This is the term used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis. a) Data warehouse b) Database c) Big data d) Data analytics e) Business intelligence Big data All of the following are common elements of a BI system EXCEPT for:? a) Reporting b) Dashboards c) Querying d) Supply chain management e) Scorecards Supply chain management
A company that is using statistical analysis tools to report on why something happened has achieved a higher level of analytical maturity than a company that's using tools to predict what will happen next True or False False An organization's only sustainable competitive advantage lies in: a) The data warehouse. b) The creation of unrealistic expectations. c) The employees' knowledge and how they apply that knowledge to business problems. d) The use of business intelligence. e) The business processes. The employees' knowledge and how they apply that knowledge to business problems ________________ is hard to explain, hard to transfer, and highly personal to the source. a) data b) tactic knowledge c) implicit knowledge d) explicit knowledge e) information Tactic knowledge By utilizing business analytics, a company can learn which one of the following? a) Which products are moving slowly versus which products are moving quickly b) Which products have been sold in the past 3 months c) Who is buying the product and what price they're willing to pay d) Where each product sits (warehouse, store or factory location) e) The suppliers who contributed to the manufacturing of the product Who is buying the product and what price they're willing to pay This is the term used to describe the techniques and technology that make it possible to deal with very large volumes of information that are created and stored for analysis. a) Data Warehouse b) Database c) Big Data d) Data Analytics e) Business Intelligence Big Data Capital One found ________ in combination with business analytics to be a very low-cost way to design and develop new products and services for customers. a) Socialization b) Experimentation c) Absorption d) Externalization e) Globalization experimentation More human contribution goes into creating information than knowledge. True or False False All of the following are main processes of knowledge management EXCEPT: a) The generation of knowledge b) The capturing of knowledge c) The absorption of knowledge d) The codification of knowledge e) The transfer of knowledge the codifaction of knowledge IT is traditionally focused on _________________________. a) data b) tacit knowledge c) implicit knowledge d) explicit knowledge e) information explicit knowledge A company that is using statistical analysis tools to report on why something happened has achieved a higher level of analytical maturity than a company that's using tools to predict what will happen next. True or False False All of the following are examples of socialization EXCEPT for: a) Sharing war stories b) Apprenticeships c) Conferences d) Non-structured activities, like e) Project management Project management __________ is hard to explain, hard to transfer, and highly personal to the source. a) Data b) Tactic Knowledge c) Implicit Knowledge d) Explicit knowledge e) Information Tactic knowledge IT is traditionally focused on _________________________. a) data b) tacit knowledge c) implicit knowledge d) explicit knowledge e) information d) Explicit knowledge This company approach is one in which facts are gathered and analyzed as the first step in decision making. a) Information-driven management b) Hierarchical structure c) Network structure d) Evidence-based management e) Social analytics d) Evidence-based management All of the following are main processes of knowledge management EXCEPT: a) The generation of knowledge b) The capturing of knowledge c) The absorption of knowledge d) The codification of knowledge e) The transfer of knowledge d) The codification of knowledge More human contribution goes into creating information than knowledge. True or False? False
Data is defined as simple observations of the state of the world, and it is easily captured on machines. True or False True _______________ includes the movement from tacit knowledge to explicit knowledge. a) Externalization b) Socialization c) Internalization d) Combination e) Appropriation externalization Knowledge management is the process that generates, captures, codifies and __________ knowledge across an organization in order to achieve a competitive advantage. a) Analyzes b) Transfers c) Applies d) Limits e) Saves Transfers Knowledge that has been identified, captured, and leveraged to produce higher-value goods or services or some other competitive advantage for the firm is called: a) Information b) Intellectual capital c) Competitive advantage data d) Business intelligence e) System data Intellectual capital Companies that use big data and analytics can be helped by making information more hidden, and making sure to avoid experimentation (which can become reckless). True or False False Tacit knowledge is easy to formalize True or False False Business analytics fuel ________ decision making. a) social b) fact-based c) profit-driven d) intuition-based e) top-down Fact-based
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Which of the following types of information systems is used to support routine business operations?A TPS is an information system that keeps track of all of the daily routine transactions of a business. A web interface used to present integrated personalized business content to users is called a portal.
Which of the following types of information systems are especially suited to situations?Chapter 2. What is meant by knowledge is sticky?Knowledge stickiness can be defined as the difficulty to transfer knowledge.
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All of the following are important worldwide tools for knowledge and data-based firms except:
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