Define technological competency
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School
Stockton University *
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Course
5310
Subject
Information Systems
Date
Dec 6, 2023
Type
docx
Pages
1
Uploaded by muntazas
1)
Define technological competency, information competency, and analytical competency.
- Technological competency refers to the ability to use, manage, and understand various technologies
effectively. Information competency involves the skills to locate, evaluate, and use information.
Analytical competency is the capacity to analyze and interpret information to make informed
decisions.
2) Define “data” and “information”.
- Data refers to raw facts and figures, while information is data that has been processed and
organized to provide meaning or context.
3) What are the five criteria for using the data in ways that create useful information?
-
The five criteria for utilizing data to generate valuable information in the context of big data are
commonly known as the "5 V's." These include Volume, referring to the massive quantity of data;
Variety, which encompasses the diverse types and formats of data; Velocity, indicating the speed at
which data is processed; Veracity, emphasizing the reliability and quality of the data; and finally, Value,
underscoring the significance of extracting meaningful insights to contribute to informed decision-
making and organizational success.
4) Define “data mining” and “big data”.
-
Data mining is the process of discovering patterns and relationships in large sets of data. Big
data refers to extremely large and complex data sets that traditional data processing methods may
struggle to handle.
5) What is “data visualization” and the use of “executive dashboards”?
-
Data visualization is the representation of data in graphical or visual formats to aid
understanding. Executive dashboards are visual tools that provide a real-time overview of key
performance indicators and relevant data for decision-makers.
6)What are Structured, Unstructured and Crisis Problems?
-
Structured problems have clear solutions and well-defined criteria, unstructured problems lack
clear solutions and defined criteria, and crisis problems require immediate attention and decision-making
due to their urgency and potential impact.
7) Name and provide a short description of the 5 steps in the Decision-Making Process.
1.
I
dentify and Define the Problem: Clearly articulate the issue or opportunity that requires a
decision.
2.
Generate and Evaluate Alternative Courses of Action: Explore and assess various options for
addressing the identified problem or opportunity.
3.
Choose a Preferred Course of Action: Select the most suitable solution based on the evaluation
of alternatives.
4.
Implement the Decision: Put the chosen course of action into practice.
5.
Evaluate Results: Assess the outcomes and impact of the implemented decision, considering
whether it effectively addressed the problem or capitalized on the opportunity.
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