True/False Questions 1. A study by Gartner Research claims that the amount of da

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True/False Questions
1. A study by Gartner Research claims that the amount of data on corporate hard drives doubles every eighteen months.
2. Logistics is a term describing the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact-based management to drive decisions and actions.
3. In many organizations, available data is not exploited to advantage.
4. Firms that base decisions on hunches are said to be gambling, not managing.
5. The data a firm can leverage is a true strategic asset when it is rare, valuable, perfectly imitable, and lacking in substitutes.
6. Data is oftentimes considered a defensible source of competitive advantage, and advantages based on capabilities and data that others can acquire are long-lived.
7. Structured query language is by far the most common language for creating and manipulating databases.
8. Data are raw facts that must be turned into information in order to be useful and valuable.
9. Databases organized in such a way that multiple tables are related based on common keys, are referred to as relational databases and are the most popular databases available.
10. Enterprise software tends to be less integrated and standardized than the prior era of proprietary systems that many firms developed themselves.

Explanation / Answer

1.false A study by Gartner Research claims that the amount of data on corporate hard drives doublesevery six months . 2.false The exponential grown of data (both structured and unstructured data) in digital era brings both significant opportunities and risks for contemporary enterprise. Analytics, as one of the most critical components of business capability becomes strategic imperative for business to gain competitive edge and distinctive

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