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 Solve by www.solvezone.in contact for more details at - 8882309876
…………..is the result or product of processing data.
Options
a) Information
b) Data
c) Knowledge
d) 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
a) Quantifiable
b) Non-quantifiable
c) Expected
d) Non-Expected
Question No. 3 Marks - 10
……………..may consist of numerous sub-systems, each of which has elements, interactions, and objectives.
Options
a) Systems
b) Events
c) Transactions
d) Business
Question No. 4 Marks - 10
The outputs of one sub-system usually become ……….into the next.
Options
a) Outputs
b) Information
c) Inputs
d) Event
Question No. 5 Marks - 10
An ……………is a connection at system or sub-system boundaries.
Options
a) Agent
b) Interface
c) Activity
d) Events
Question No. 6 Marks - 10
………..system is one which does not interact with its environment.
Options
a) Closed
b) Physical
c) Open
d) Parallel
Question No. 7 Marks - 10
…………..systems are tangible entities that may be static or dynamic in operation.
Options
a) Closed
b) Physical
c) Probabilistic
d) Open
Question No. 8 Marks - 10
A …………….system is one in which the occurrence of the event cannot be perfectly predicted.
Options
a) Closed
b) Physical
c) Probabilistic
d) Open
Question No. 9 Marks - 10
…………..related to each transactions and events must be captured and prepared for processing by the input activity.
Options
a) Data
b) Information
c) Information
d) Knowldege
Question No. 10 Marks - 10
…………….is the information system activity in which data and information is used for future purposes.
Options
a) Storage
b) Data
c) Information
d) Business
Question No. 11 Marks - 10
A business model comprises sum total of business………………..
Options
a) Activities
b) Systems
c) Models
d) Processes
Question No. 12 Marks - 10
The ……………….is the source of information and building block of the architecture of information systems.
Options
a) System
b) Model
c) Database
d) Data Table
Question No. 13 Marks - 10
A typical ……….system will use multiple components of computer software and hardware to achieve the integration.
Options
a) ERP
b) Business
c) Integrated
d) 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
a) Point
b) Role
c) Phase
d) Ingredient
Question No. 15 Marks - 10
ERPs are often incorrectly called ……………..systems indicating that customers and the general public are not directly involved.
Options
a) Business
b) Integrated
c) Back office
d) Front office
Question No. 16 Marks - 10
…………are only the beginning of the integration costs of ERP.
Options
a) Add-ons
b) Data
c) Information
d) 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
a) Integration
b) Collection
c) Tampering
d) Analysis
Question No. 18 Marks - 10
……………….. refers to the nature of demand (seasonal or throughout the year) over a period of time.
Options
a) Behaviour of Demand
b) Lead Time
c) Process Time
d) 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
a) Re-engineering
b) Total Quality Management
c) Analysis
d) 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
a) Demand
b) Wholesale
c) Inventory
d) 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
a) Data Cleaning
b) Data Mining
c) Data Warehouse
d) 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
a) Tools
b) Data
c) Information
d) Knowledge
Question No. 23 Marks - 10
Data Cleaning and Data Transformation are important steps in improving the ……………..of data and data mining results.
Options
a) Quality
b) Sequence
c) Storage area
d) Quantity
Question No. 24 Marks - 10
…………is a category of software tools that provides analysis of data stored in a database.
Options
a) OLAP
b) OTLP
c) OPAL
d) OPTL
Question No. 25 Marks - 10
……………tools enable users to analyse different dimensions of multidimensional data.
Options
a) OLAP
b) OTLP
c) OPAL
d) 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
a) Square
b) Circle
c) Cube
d) Box
Question No. 27 Marks - 10
……………..commands is used to navigate to lower levels of details for a given data cube.
Options
a) ROLL UP
b) DRILL DOWN
c) PIVOT
d) SLICE
Question No. 28 Marks - 10
………………..command is used to navigate to higher levels.
Options
a) ROLL UP
b) DRILL DOWN
c) PIVOT
d) SLICE
Question No. 29 Marks - 10
……………….is used to rotate a given data cube to select a different view.
Options
a) ROLL UP
b) DRILL DOWN
c) PIVOT
d) SLICE
Question No. 30 Marks - 10
SLICE command enables users to focus on some specific slice of data inside the cube.
Options
a) ROLL UP
b) DRILL DOWN
c) PIVOT
d) SLICE
Question No. 31 Marks - 10
A …………….is a mechanised, formally defined, centrally controlled collection of data in an organisation.
Options
a) Data
b) Information
c) Database
d) Data System
Question No. 32 Marks - 10
Data and information are the two basic components of any……………system.
Options
a) Information
b) Database
c) Business
d) Integrated
Question No. 33 Marks - 10
The database is a collection of interrelated………..
Options
a) Process
b) Knowledge
c) Objects
d) 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
a) Centrally
b) Originally
c) Optimally
d) Feasibly
Question No. 35 Marks - 10
The sharing of data is possible only if the database is……………..
Options
a) Integrated
b) Inter-related
c) Related
d) Directed
Question No. 36 Marks - 10
The ……………….is the person who is responsible for the overall control of the database management system.
Options
a) Database Operator
b) Database Administrator
c) Database Controller
d) Database
Question No. 37 Marks - 10
The relational model was developed by E.F.Codd in………...
Options
a) 1980
b) 1990
c) 1970
d) 1965
Question No. 38 Marks - 10
The rows of a relational database table are generally referred to as ……….while the columns as Attributes.
Options
a) Trigger
b) Tuples
c) Sample
d) Statements
Question No. 39 Marks - 10
…………is a procedure that is automatically executed depending upon certain conditions.
Options
a) Tuples
b) Trigger
c) Procedure
d) 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
a) Stored
b) Related
c) Unrelated
d) Sorted