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Many retail businesses plan sales based on records of events that happened the previous week, quarter, or even year. What type of data mining technique is required to retrieve this information?
Forecasting
Through which process is knowledge created when tacit knowledge is converted into explicit knowledge by developing specific concepts, models, and the like?
Externalization
There are applications for filing income taxes that ask questions of the user and then determine the best method for filing taxes. What kind of system is this?
Expert system
Spreadsheet _______________ allow you to see multi-dimensional views of the data set.
Pivot tables
Through which process is knowledge created through direct communication or shared experience?
Socialization
Statistical analysis emphasizes __________________ models, while data mining tries to ________________ the models.
Preexisting, discover
What type of knowledge resources is made up of explicit knowledge that is embodied in language, symbols, and images?
Conceptual
Machine learning often uses _______________ data to learn and predict.
Training
A storage system is _______________________ if knowledge consumers cannot retrieve the knowledge.
ineffective
Knowledge can be ___________________ by hiring knowledgeable individuals, either as consultants or employees.
purchased
A culture of _________________ can greatly enhance knowledge sharing within an organization.
Trust
A business's ability to compete depends heavily on how its __________________ apply ________________ to make decisions and solve problems.
Employees, knowledge
Intellectual property, such as patents and licenses, are considered what kind of knowledge resources?
Tacit
Skills, know-how, and emotional knowledge, are considered what kind of knowledge resources?
Experiential
What is the term for converting tacit and explicit knowledge into a form that organizational members can use?
Codifying
___________________ is the process where knowledge is created by combining externalized explicit knowledge to form broader concepts, models, and theories.
Combination
In which step of populating a data warehouse is data changed into a form that is suitable for decision support?
Transform
What type of tool represents the mental mode of an expert's knowledge?
Cognitive map
_______________________ allows individuals to communicate using both voice and video.
Voiceconferencing
Which of the following is an example of a decision support system?
A data-driven system that helps in ordering accurate amounts of toilet paper for Walmart, Entering in personal financial data into an algorithmic system to decide what car you can afford, A loan officer electronically assessing the risk of a new potential client (All of the above)
It is relatively easy to manage __________________, but managing __________________ is quite difficult.
Data, knowledge
What is the process of analyzing data to identify trends, patterns, and other useful information?
Data mining
A(n) ______________ AI system is not only self-aware, but it also has intelligence far beyond human capabilities.
Deep
What is capturing and documenting what employees and other stakeholders know and developing systems that make it easier to share and use knowledge?
Knowledge management
What type of tool shows a list of conditions and their values along with a list of conclusions or actions?
Decision table
ChatGPT, Dall-E, and Google Bard are examples of what type of AI?
Generative
____________ knowledge is hard to explain, teach, or express; while ______________ is not.
Tacit, explicit
Your group for management class is using Google Docs to work together on your project. What type of knowledge management tool are you using?
Communication-based
Machine learning often uses __________ data to learn and predict.
Training
What is the purpose of a decision support system?
To help make unstructured and some structured decisions.
In which step of populating a data warehouse is data put into the data warehouse?
Load
In which step of populating a data warehouse is data pulled from the source systems?
Extract
_______________ AI focuses on a single, relatively narrow task.
Narrow
__________________ refers to a family of technologies that approximate human cognitive abilities.
Artificial intelligence
What type of knowledge can be expressed in operations manuals, books, articles, scientific formulas, and statistical analysis?
Explicit knowledge
What type of knowledge is rooted in life experiences, values, and biases?
Tacit
Many recently-released AI tools are trained on huge volumes of data, often sourced from the internet. These models are known as ____________________________.
Large-Language Models