Business Information & Data Analysis

Question1.    What do you understand about Spatial Mining?

    
Question2. What is Knowledge Management?

    
Question3. Differentiate between Explicit and Tacit Knowledge    

Question 4.    Define Asynchronous and synchronous transmission of data? What are the merits and demerits of each over the other? Which method is better suited when cost is not a factor?    

Question5.    What are the advantages and disadvantages of a broad band channel over a narrow band channel?    

Question6.    How the business organization can be described as a system? What is the
concept of subsystem?

Question7.    What is systems concept? Discuss with examples.    

CASE STUDY: 

The Internet and Business Strategy

ABC Company, an independent advisor to media cos. conducted a survey of 400 Publishers. The responses on the role of the Internet in company’s business strategy Revealed that very few publishers expected sufficient on-line revenues from the Internet.
Survey revealed that majority of publishers would increase Internet Investment in next Financial year and they did not think Internet revenues would increase over next two years. Most of the publishers are still using web basically as a marketing tool.
However around 75% of the respondents said that Internet could be a great opportunity for Magazine publishing industry rather than a threat. Survey also revealed that industry faces
Increased competition from Internet but industry would have to embrace the Internet to Survive & compete in the market.

Question1.    What are the important opportunities and threats posed by the Internet for publishing industry?

Question2.    What is the contribution of SWOT Analysis to formulate a business strategy in a publishing business?

Question No.  1    Marks – 10 
…………..is the result or product of processing data.    
 
Options    
Information    
Data    
Knowledge    
Input

Question No.  2    Marks - 10
…………………. Value of information is that which is not measurable in terms of money or tangible benefits or we can not separate the impact of information on decision behaviour.    
 
Options    
Quantifiable    
Non-quantifiable    
Expected    
Non-Expected

Question No.  3    Marks - 10
……………..may consist of numerous sub-systems, each of which has elements, interactions, and objectives.    
 
Options    
Systems    
Events    
Transactions    
Business

Question No.  4    Marks - 10
The outputs of one sub-system usually become ……….into the next.    
 
Options    
Outputs    
Information    
Inputs    
Event

Question No.  5    Marks - 10
An ……………is a connection at system or sub-system boundaries.    
 
Options    
Agent    
Interface    
Activity    
Events

Question No.  6    Marks - 10
………..system is one which does not interact with its environment.    
 
Options    
Closed    
Physical    
Open    
Parallel

Question No.  7    Marks - 10
…………..systems are tangible entities that may be static or dynamic in operation.    
 
Options    
Closed    
Physical    
Probabilistic    
Open

Question No.  8    Marks - 10
A …………….system is one in which the occurrence of the event cannot be perfectly predicted.    
 
Options    
Closed    
Physical    
Probabilistic    
Open    

Question No.  9    Marks - 10
…………..related to each transactions and events must be captured and prepared for processing by the input activity.    
 
Options    
Data    
Information    
Information    
Knowldege

Question No.  10    Marks - 10
…………….is the information system activity in which data and information is used for future purposes.    
 
Options    
Storage    
Data    
Information    
Business

Question No.  11    Marks - 10
A business model comprises sum total of business………………..    
 
Options    
Activities    
Systems    
Models    
Processes

Question No.  12    Marks - 10
The ……………….is the source of information and building block of the architecture of information systems.    
 
Options    
System    
Model    
Database    
Data Table

Question No.  13    Marks - 10
A typical ……….system will use multiple components of computer software and hardware to achieve the integration.    
 
Options    
ERP    
Business    
Integrated    
Inter-Related

Question No.  14    Marks - 10
A key …………of most ERP systems is the use of a single, unified database to store data for the various system modules.    
 
Options    
Point    
Role    
Phase    
Ingredient

Question No.  15    Marks - 10
ERPs are often incorrectly called ……………..systems indicating that customers and the general public are not directly involved.    
 
Options    
Business    
Integrated    
Back office    
Front office    

Question No.  16    Marks - 10
…………are only the beginning of the integration costs of ERP.    
 
Options    
Add-ons    
Data    
Information    
Integration

Question No.  17    Marks - 10
A data ………….scenario might involve a terrorist altering a Bill of Materials so as to put poison in food products, or other sabotage.    
 
Options    
Integration    
Collection    
Tampering    
Analysis

Question No.  18    Marks - 10
……………….. refers to the nature of demand (seasonal or throughout the year) over a period of time.    
 
Options    
Behaviour of Demand    
Lead Time    
Process Time    
Demand

Question No.  19    Marks - 10
……………….of business processes to fit the “industry standard” prescribed by the ERP system may lead to a loss of competitive advantage.    
 
Options    
Re-engineering    
Total Quality Management    
Analysis    
Integration

Question No.  20    Marks - 10
……………….refers to the stock of raw materials and finished goods available in the firm for production and sale.    
 
Options    
Demand    
Wholesale    
Inventory    
Raw Materials Inventory

Question No.  21    Marks - 10
A ………………is a repository of historical and current data related to the business processes of a company which is stored in an organised format.    
 
Options    
Data Cleaning    
Data Mining    
Data Warehouse    
Data Transformation

Question No.  22    Marks - 10
…….in a data warehousing may be primarily used as a decision support system as well as an Executive Information System.    
 
Options    
Tools    
Data    
Information    
Knowledge

Question No.  23    Marks - 10
Data Cleaning and Data Transformation are important steps in improving the ……………..of data and data mining results.    
 
Options    
Quality    
Sequence    
Storage area    
Quantity

Question No.  24    Marks - 10
…………is a category of software tools that provides analysis of data stored in a database.    
 
Options    
OLAP    
OTLP    
OPAL    
OPTL

Question No.  25    Marks - 10
……………tools enable users to analyse different dimensions of multidimensional data.    
 
Options    
OLAP    
OTLP    
OPAL    
OPTL

Question No.  26    Marks - 10
…………..is a data structure that aggregates the measures by the levels and hierarchies of each of the dimensions that you want to analyse.    
 
Options    
Square    
Circle    
Cube    
Box

Question No.  27    Marks - 10
……………..commands is used to navigate to lower levels of details for a given data cube.    
 
Options    
ROLL UP    
DRILL DOWN    
PIVOT    
SLICE

Question No.  28    Marks - 10
………………..command is used to navigate to higher levels.    
 
Options    
ROLL UP    
DRILL DOWN    
PIVOT    
SLICE

Question No.  29    Marks - 10
……………….is used to rotate a given data cube to select a different view.    
 
Options    
ROLL UP    
DRILL DOWN    
PIVOT    
SLICE

Question No.  30    Marks - 10
SLICE command enables users to focus on some specific slice of data inside the cube.    
 
Options    
ROLL UP    
DRILL DOWN    
PIVOT    
SLICE

Question No.  31    Marks - 10
A …………….is a mechanised, formally defined, centrally controlled collection of data in an organisation.    
 
Options    
Data    
Information    
Database    
Data System

Question No.  32    Marks - 10
Data and information are the two basic components of any……………system.    
 
Options    
Information    
Database    
Business    
Integrated

Question No.  33    Marks - 10
The database is a collection of interrelated………..    
 
Options    
Process    
Knowledge    
Objects    
Data

Question No.  34    Marks - 10
If the database is ………….controlled, then the security checks can be applied to prevent the data from unauthorised access.    
 
Options    
Centrally    
Originally    
Optimally    
Feasibly

Question No.  35    Marks - 10
The sharing of data is possible only if the database is……………..    
 
Options    
Integrated    
Inter-related    
Related    
Directed

Question No.  36    Marks - 10
The ……………….is the person who is responsible for the overall control of the database management system.    
 
Options    
Database Operator    
Database Administrator    
Database Controller    
Database    

Question No.  37    Marks - 10
The relational model was developed by E.F.Codd in………...    
 
Options    
1980    
1990    
1970    
1965

Question No.  38    Marks - 10
The rows of a relational database table are generally referred to as ……….while the columns as Attributes.    
 
Options    
Trigger    
Tuples    
Sample    
Statements

Question No.  39    Marks - 10
…………is a procedure that is automatically executed depending upon certain conditions.    
 
Options    
Tuples    
Trigger    
Procedure    
Attributes

Question No.  40    Marks - 10
………..procedure is a mixture of SQL and procedural statements that can be stored on a server and executed as a transaction.    
 
Options    
Stored    
Related    
Unrelated    
Sorted