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BUS 365 WEEK 3 QUIZ 2 CHAPTER 3
1. __________ consists of powerful software tools to discover and extract knowledge from text documents.
a) Document mining
b) Master data management
c) Knowledge mining
d) Text mining
2. What is the goal of data management?
a) To store data and documents in multiple locations to insure that they are accessible to everyone on demand.
b) To capture financial data in real-time from transactions and Web sites.
c) To provide the infrastructure and tools to transform raw data into usable corporate information of the highest quality.
d) To link databases of supply chain partners so all data can be shared.
3. As a general rule, in order to maximize earnings, companies invest in data management technologies that increase:
a) the opportunity to earn revenues.
b) the ability to cut expenses.
c) employee turnover.
d) both a and b
4. Which of the following is not a reason why managers and information workers may be constrained by data?
a) data are incomplete
b) data are stored in a data warehouse