“the purpose the information is needed for”. Explain, using an example, how this would impact on the value of information

Q: How can information transform into knowledge? Explain the question with an example.

A: Information The ideas, facts, numbers, and concepts that we include in our eLearning course design…

Q: Although the concept of continuous auditing was introduced more than 20 years ago, it was not widely…

A: An audit is when an auditor examines or inspects various account books, followed by a physical stock…

Q: True/False The gray scale is an example of achromatic colors that differ by their value or…

A: Achromatic colors Achromatic colors are features like white, grey, black, and the radiant qualities…

Q: Which of the following statements are true: I.   The experience curve represents a linear…

A: The experience curve is the curve that shows the relationship between cost per unit and cumulative…

Q: Which of the following is the indicator of the rate at which company is earning profit?

A: The indicator of the rate at which the company is earning a profit is given below:-

Q: The IT functions do not directly support the business objectives of an organization. Select one: O…

A: Marketing manager is the one who manages the marketing of the product or services. He is the person…

Q: When managers glean information from their company's accounting and sales records stored in the…

A: Business data is the set of information that helps the company to plan and operate the business.

Q: CRM is particularly important because it would take approximately new customers to replace one…

A: Customers are a huge asset to a business; be it past, existing or new ones. It’s crucial for a firm…

Q: Information resources do not decrease any significant amounts of value over time. O True O False

A: Information frameworks help organizations in rivaling different contenders by keeping up with low…

Q: The development and maintenance of information resources is now the sole responsibility of the MIS…

A: MIS known as management information systems is the department which controls hardware and software…

Q: nambiguous business standards emerge from a thorough investigation of an organization's activities.…

A: Because they facilitate interaction and communication between designers, programmers, and end users,…

Q: A shoe store manager received a claim letter from a disturbed customer that the shoes they had…

A: A shoe store manager received a claim letter from a disturbed customer that the shoes they had…

Q: 1- The dimension of. in information quality describes whether the structure of data is consistent.…

A: Information quality refers to the fitness for use or the quality of the content of information…

Q: Mary is thinking of pursuing a career in sales. Which of the following is a characteristic of sales…

A: Concept Of Career In Sales - Career in sales, includes elements of selling the products as well as…

Q: Which of the following statements is true? At the operational level, employees are best served with…

A: It is the non-financial measures that are considered as a leading indicator for predicting financial…

Q: If you want to create, you need to take risks. Select one: True O False

A: RISK MANAGEMENT: Risk management is the process of identifying, evaluating, and controlling the…

Q: What is Shannon information content and why it is the best way of represnting information justify…

A: Shannon information is a basic quantity derived from the probability of a particular event…

Q: WHAT IS THE RESULT OF THE LOGICAL STATEMENT? False OR (True and False)

A: Logical statement refers to the statement that we get after applying logical operators to arithmetic…

Q: If a company has a robust control on its inventory then it's inventory turnover is generally below…

A: Inventory management has turned into a fundamental apparatus for associations, which want to further…

Q: Read the following two statements carefully and then indicate whether or not they are true. a) A…

A: These are the statements based question that need to be considered if they are true or not. Or by…

Q: ssuming you are on the phone with a customer, how would you respond in each of the following…

A: The process of directly interacting of having one-to-one communication between the customer and…

Q: People resource s include the users of an information system and those who develop, maintain and…

A: Yes, it is true. People resources include the users of an information system and those who develop,…

Q: MIS stands for "Management Information System."

A: often the most overlooked element of the system is the people, probably the component that most…

Q: If data are not reliable, they are of little value. true or false

A: A reliable measurement is not always valid. The results may be reproducible but not necessarily…

Q: Research questions are the translation of the problem of the organization into a specific need for…

A: A research question refers to the question about a research project that has to be answered after…

Q: 7. Which of the following about “Six Sigma" is wrong? (a) Six Sigma is a method that provides…

A: Quality management is a process of improving the products and services. It have four key components…

Q: 12. What does unavailable refer to?     Measures how quickly a system performs a process or…

A: The general notion is that if a system is not operational and the users can't use it then it is…

Q: How you will safeguard the deposits of the customers from financial losses Explain reasons for your…

A: A manager is one who looks after managing the resources of the organization . Managers can…

Q: Which of the following is NOT among the functions typically performed within the InfoSec department…

A: The information security department of an organization has to deal with various issues such as…

Q: The Youtube mobile application is a stand-alone application.the statement above is true or false

A: A stand alone application is a application which is locally installed on a device and it has bilt in…

Q: ollowing is not a nature of internal audit

A: Nature of Internal Audit  Coming up next are the idea of inward review:  1. Autonomous: The inner…

Q: A store manager is an example of a first-line manager.   Select one: True False

A: A store manager is an example of a first-line manager.

Q: Which of the following is FALSE regarding decision making? O a. It is an ongoing process in the…

A: In an organization, there are various objectives and motives, the basic goals are profit and wealth…

Q: a) Based on the interview with prospective customers for a smartwatch as shown in the table below,…

A: Customer satisfaction is an important factor for any organization. It is the way to measure or…

Q: Which of the following is not a suitable element to be printed on a company sletterhead? List of…

A: The answers are as follows:

Q: True or False The chain of command is the line of authority that extends from the highest to the…

A: The chain of command is the line of authority that extends from the highest to the lowest levels of…

Q: Middle managers are the smallest group of managers in organizations who are primarily responsible…

A: Middle managers: All enterprises need management, and the managers who work that function need to…

Q: Explain about the storing knowledge in knowledge management system. (With examples

A: Knowledge in every field is very necessary. Knowledge is not only used in educational institutions,…

Q: It is _____________ to waste resources. A: ineffaceable B: ineffable C: inefficient D: ineffective

A: The correct option is C. InefficientInefficient means the task which does not achieve maximum…

Q: Your Opinion about this statement ""The production of too many useful things results in too many…

A: Production of too many useful things results in too many useless people is a statement quoted by…

Q: What happens to Customer Lifetime Value (ignoring acquisition costs) when retention rate r is…

A: The objective of any business is customer satisfaction. Any business runs with the customer centric…

Q: Information is knowledge that has been organized to have meaning and value. Group of answer choices…

A: The question is related to Information. Information is very useful in taking business decisions.…

Q: Most services are characterized by an encounter between a service provider and a customer. What is…

A: I believe the correct option is b)  Moment of truth

Q: An effectively formulated operation strategy is critical to the success of a business, agree or…

A: The formulation of strafo is critical for the success of any business and execution of strategy is…

Q: The management feature of a dashboard summarized dimensional data to analyze the root cause of…

A: Management dashboard: It is a visible, easy-to-understand presentation that displays key performance…

Introduction to Business Messages

Business messaging refers to a variety of channels via which businesses and customers can interact. SMS or text messaging is the most popular method of communication. Shipment reminders, promotional incentives, marketing offers, and scheduled appointments are all things we have dealt with. These are the types of messages we usually identify with business communication. Business messaging can take place on any digital platform where your consumers already spend some time, with the expectation that communication will be two-way. Business messaging brings comfort and simplicity to customers. Customers expect comfort from pre-sales and post-sales engagements with businesses as they do with friends and family. In addition, messaging is the favored method of contacting a firm for 66% of buyers. Here are a few examples of popular business messaging situations.