Bipm Quiz
Self-test your entry-level knowledge for the BIPM masters program!
- 1.
What are Porter’s „Five Forces“?
- A.
CEO, CFO, CIO, CTO and COO
- B.
Love, Sex, Drugs, Rock and Roll
- C.
Customers, Suppliers, Competitors, New Entrants and Substitute Products
- D.
Strengths, Weaknesses, Opportunities, Threats and Positioning
Correct Answer
C. Customers, Suppliers, Competitors, New Entrants and Substitute ProductsExplanation
Answer C is right. Porter's five forces analysis is a framework to analyze the attractiveness of a market. Main influences are the power of suppliers and customers, the intensity of competitive rivalry, the threat of substitute products as well as the threat of new entrants.Rate this question:
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- 2.
The acronym "CIO“ stands for…
- A.
Corporate Integration Order
- B.
Chief Information Officer
- C.
Closed Innovation Office
- D.
Central Information Offensive
Correct Answer
B. Chief Information OfficerExplanation
Answer B is right. Against the background of BIPM, "CIO" is the acronym for Chief Information Officer. This organizational role is responsible for the overall technological direction of a company. The CIO is usually involved in strategic business planning as part of a company's executive team.Rate this question:
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- 3.
What is a "brick and mortar“ company?
- A.
Do-it-yourself-stores like Homedepot, B&Q and Bauhaus
- B.
A business model with focus on real estate investments
- C.
Cement producers
- D.
Companies based on a classic business model with physical presence
Correct Answer
D. Companies based on a classic business model with physical presenceExplanation
Answer D is right. Brick-and-mortar companies have a physical presence and offer face-to-face customer experiences. This term is usually used to contrast with an internet-only presence like Web-Shops (e.g. amazon, ebay).Rate this question:
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- 4.
Which of the following is not a procedural approach for "project management"?
- A.
SCRUM
- B.
Spiral Model
- C.
CMM
- D.
Waterfall Model
Correct Answer
C. CMMExplanation
Answer C is correct. The Capability Maturity Model (CMM) is a general approach for measuring and improving the quality of existing software development processes. "Maturity" defines the degree of formality and organization of processes, from ad hoc practices (lowest level), to well-defined procedures with in-built continuous learning (highest level of maturity).Rate this question:
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- 5.
Which statement regarding "effectiveness" and "efficiency" is not true?
- A.
An activity can be effective but inefficient
- B.
An activity can be efficient but ineffective
- C.
An activity can be neither effective nor effecient
- D.
Efficiency and effectiveness are more or less the same
Correct Answer
D. Efficiency and effectiveness are more or less the sameExplanation
Statement D is not true. While effectivness means "doing the right things", efficiency means "doing the things right". In management, these two concepts are fundamentally different.Rate this question:
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- 6.
Which statement about "data" is true?
- A.
In Business Informatics, "data" and "information" are basically the same
- B.
"Stored data" can be understood as "knowledge"
- C.
"Data in context" can be understood as "information"
- D.
Data can be either explicit or implicit
Correct Answer
C. "Data in context" can be understood as "information"Explanation
Answer C is right. Data is an explicit and discrete set of values which can be handled by computers/machines. Data as an abstract concept can be understood as the lowest level of abstraction, from which information ("data in context") and then knowledge ("multi-contextual") are derived.Rate this question:
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- 7.
Which technique is not suitable for "modeling" information systems?
- A.
IPRA
- B.
ERM
- C.
BPMN
- D.
UML
Correct Answer
A. IPRAExplanation
Answer A is right. IPRA stands for "International Project Risk Assessment" and relates to a project risk management tool. ERM, BPMN, and UML are very popular approaches used in the context of analysing and designing business information systems.Rate this question:
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- 8.
Which is not true for "business processes"?
- A.
Each business process should have a customer
- B.
Each business process has input and output
- C.
Each business process should generate profit
- D.
Each business process is time consuming
Correct Answer
C. Each business process should generate profitExplanation
Statement C is not true. A business process is a set of activities which are consuming time (and other resources). Each business process transforms input (information, material, money, etc.) into (hopefully) higher value output. The output is provided to an internal or external receiver, aka customer. However, “value” is not identical with “profit”. Many corporate processes do not provide profit (this is particularly true for not-for-profit enterprises).Rate this question:
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- 9.
Which technique is used to create a (system) hierarchy?
- A.
Nominal Group Technique
- B.
De-aggregation
- C.
Brainstorming
- D.
Diagram Mapping
Correct Answer
B. De-aggregationExplanation
Answer B is right. De-aggregating (also: de-composing or do-contructing) means splitting a system (which could be anything) in its pieces and parts (aka: in its sub-systems).
Nominal Group Technique and Brainstorming are creativity techniques for idea finding. Diagram Mapping is not really a technique but a common way of connecting a specific type of diagram to a different (but similar) one.Rate this question:
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- 10.
What is not true for the BPMN?
- A.
BPMN stands for “Business Process Model and Notation”
- B.
The BPMN supports different types of events
- C.
In BPM, an activity is represented by a "function" or "transformation"
- D.
In BPMN, an organizational unit is represented by a "pool" or “lane”
Correct Answer
C. In BPM, an activity is represented by a "function" or "transformation"Explanation
Answer C is not true. In BPMN, activities are represented by "sub-processes" or "tasks".Rate this question:
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- 11.
Which kind of software integrates all/most enterprise functions and provides services to all/most departments in an organization?
- A.
ERP
- B.
SCM
- C.
CRM
- D.
ECM
Correct Answer
A. ERPExplanation
Answer A is right. ERP (Enterprise Resource Planning) or "Enterprise Systems" are used to integrate business functions and processes like sales, material management, production planning, and operations management in one single system.
CRM includes functions for managing customers’ interaction and is often part of an enterprise system. The same is true for SCM (Supply Chain Management) which means the management of the flow of goods.
ECM (Enterprise Content Management) includes strategies, methods and tools used throughout the lifecycle of contents / documents in a company.Rate this question:
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- 12.
Which supplier does not provide "enterprise systems" (ERP systems)?
- A.
SAP
- B.
Apple
- C.
Microsoft
- D.
Infor
Correct Answer
B. AppleExplanation
Answer B is not true. Apple is an U.S. American information technology company that develops personal computers, consumer electronics, computer software and online services, but not Enterprise Systems.
SAP, Microsoft and Infor are typical suppliers for Enterprise Systems, providing tools like SAP Business Suite, Microsoft Dynamics, and NAV.Rate this question:
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- 13.
Software implementation projects usually start with a software selection procedure. Which task does not belong to the software selection?
- A.
Specification of technical requirements
- B.
Specification of business requirements
- C.
Vendor evaluation
- D.
Preparation of the pilot operation
Correct Answer
D. Preparation of the pilot operationExplanation
Statement D is not true. The selection process ends with the decision for the new software product or the selection of the software provider. The pilot operation is already part of the implementation process, deploying the selected system with real data and a key user before the final roll-out of the system starts.Rate this question:
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- 14.
Which of the following resampling methods is with replacement?
- A.
Cross Validation
- B.
Bootstrap
- C.
Jacknife
- D.
Permutation
Correct Answer
B. BootstrapExplanation
Answer B is correct. Only the bootstrap samples with replacement.Rate this question:
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- 15.
Which sentence best describes the bias-variance tradeoff?
- A.
Nearest-neighbor (NN) classifiers tend to have low variance and high bias
- B.
The bias in ridge regression typically grows with increasing regularization
- C.
The variance in k-NN classifiers increases with increasing k
- D.
The bias-variance tradeoff does not apply to classification trees
Correct Answer
B. The bias in ridge regression typically grows with increasing regularizationExplanation
Answer B is right. Higher regularization leads to less variance but higher bias.
Regarding A: k-NN methods tend to have high variance and low bias.
Regarding C: The more neighbors one averages, the more stable the resulting model.
Regarding D: Cost-complexity pruning is a common method to avoid over fitting.Rate this question:
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- 16.
You are showing off a new classifier which has the power to detect doping residues in blood samples with the following accuracy: It yields a positive result in 92% of the cases where doping drugs were actually used and a (correct) negative result in 94% of the cases when the athlete was clean. Assume that 10% of all athletes take these drugs. What is the probability that a person found to have a positive test result actually cheated?
- A.
0.92
- B.
0.94
- C.
0.63
- D.
0.37
Correct Answer
C. 0.63Explanation
Answer C is right. Use Bayes theorem:
P(positive test) = 0.92*0.1 + 0.06*0.9 = 0.146
P(doped | positive test) = 0.92*0.1/0.146 = 0.63 = 63%Rate this question:
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- 17.
Which of the following partitions of a two-dimensional feature space cannot be obtained by recursive binary splitting?
- A.
Top left panel
- B.
Top right panel
- C.
Bottom left panel
- D.
Bottom right panel
Correct Answer
A. Top left panelExplanation
Answer A is correct. The top left panel cannot be obtained by recursive binary splits! The other three graphs are simply different representations of the same tree.Rate this question:
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- 18.
Which is a typical BIPM job profile?
- A.
Marketing Manager
- B.
Software Developer
- C.
Business-IT Architect
- D.
Logistics Expert
Correct Answer
C. Business-IT ArchitectExplanation
Answer C is right. BIPM provides knowledge at the crossroads between business and IT. Graduates are particularly prepared to analyse, design, and manage the business impacts of IT and vice versa.Rate this question:
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- 19.
Which statement is not true for "analytical information systems"?
- A.
One goal is decision support
- B.
Historical data is important
- C.
Primarily appending new data, instead of updating data
- D.
Only relevant for strategic questions
Correct Answer
D. Only relevant for strategic questionsExplanation
Statement D is not true. Analytical information systems are used for tactical and operational questions as well.Rate this question:
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- 20.
Which statement is true for the following Entity-Relationship-Model?
- A.
There must be at least one customer in the database
- B.
Each order is related exactly to one product
- C.
Each line-item belongs to exactly one order
- D.
An order can belong to multiple customers
Correct Answer
C. Each line-item belongs to exactly one orderExplanation
C is true. The relationship from the entity “line-item” to the entity “order” has the cardinality many-to-one. For one order there must be exactly one line-item.Rate this question:
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- 21.
What is true for the following model?
- A.
This is an organizational chart
- B.
This is a software module hierarchy
- C.
This is a data structure
- D.
Determination is not possible
Correct Answer
D. Determination is not possibleExplanation
Answer D is true. As long as we do not have a legend for the model, the meaning of the symbols and thus the type of model cannot be determined.Rate this question:
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- 22.
Which language is the following statement? SELECT FirstName, Name, Street, ZIP, City FROM Student WHERE ZIP = '10825' ORDER BY Name;
- A.
CPL
- B.
MDL
- C.
SQL
- D.
OPL
Correct Answer
C. SQLExplanation
Answer C is correct. SQL is short for "Structured Query Language", a computer language for relational databases.Rate this question:
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- 23.
Which is not a "business information system"?
- A.
SAP's HCM Solution (Human Capital Management)
- B.
Oracle's BPM Suite (Business Process Management)
- C.
Microsoft's Excel (Spread Sheet)
- D.
IBM's BI Solution (Business Intelligence)
Correct Answer
C. Microsoft's Excel (Spread Sheet)Explanation
Answer C is right. A standard spread sheet program like MS Excel has no underlying "business logics" which is the prerequisite for a Business Information System (BIS). In the same, way, a pure database (like MySQL) and a standard text processing program like (MS Word) are BIS neither.Rate this question:
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- 24.
What is the major object of study of the BIPM masters program?
- A.
Hardware and Software
- B.
Effectiveness and Efficiency
- C.
Pain and Gain
- D.
Data and Processes
Correct Answer
D. Data and ProcessesExplanation
Answer D is correct. In BIPM, students learn to make sense out of structured and unstructured data and to improve business processes.Rate this question:
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- 25.
Which is the least true for "business projects"?
- A.
Business projects are part of the corporate business model
- B.
Business projects have a well-defined starting date and end date
- C.
Business projects require a special organization
- D.
Business projects deliver a unique result
Correct Answer
A. Business projects are part of the corporate business modelExplanation
Statement A is the least true. Typically, a business model defines the regular business of a company, i.e. the regular products/services to be delivered, and the regular organization to be set up for that. In contrast, a business project is a disruptive action, that aims to provide a "unique" product/service which is not part of the business model. Conducting such a project requires a a special organization, and is timely limited.Rate this question:
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- 26.
By combining data from various publicly available sources Harvard Law School student Tyler Vigen has found out that there’s a correlation between the number of movies Nicolas Cage appears in each year and the number of people who drown in their swimming pool. The MOST logical conclusion is that ...
- A.
Less people will drown in their swimming pool once Cage retires
- B.
No causal inference can be made from observational data
- C.
Correlation does not imply causation
- D.
More people will drown in their swimming pool if Cage makes more movies
Correct Answer
C. Correlation does not imply causationExplanation
Answer C is correct! Many things in this world are correlated, even movies with Cage and people drowning in pools. Although you might imagine that there are people doing strange things after watching a film with Cage and the same year tend to drown in a pool, a correlation by itself is never enough support to conclude a causal relation. (Source: modified from “Solid Science Research Methods” [CC BY-NC 4.0])Rate this question:
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- 27.
Willingness to take risks is assumed to be an important component of entrepreneurship. We hypothesize that willingness to take risks causes people to start and run a business. Here, ...
- A.
“willingness to take risks” is the dependent variable
- B.
“willingness to take risks” is the outcome variable
- C.
“entrepreneurship” is the independent variable
- D.
“entrepreneurship” is the dependent variable
Correct Answer
D. “entrepreneurship” is the dependent variableExplanation
Answer D is correct! “Entrepreneurship" is the outcome or dependent variable, hypothesized to be influenced by the "willingness to take risks", which is the input or independent variable. (Source: modified from “Solid Science Research Methods” [CC BY-NC 4.0])Rate this question:
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- 28.
[This is the last question. You can explore more on Solid Science Research Methods]If the data support our predictions, this leads us to conclude that ...
- A.
The hypothesis is provisionally supported
- B.
We need to develop new predictions that can be disconfirmed
- C.
Our predictions are confirmed, but we cannot say anything about the hypothesis
- D.
We can stop taking data
Correct Answer
A. The hypothesis is provisionally supportedExplanation
Answer A is correct!Rate this question:
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- 29.
Since a couple of years, "cloud computing" is a mega-trend in Business-IT. What is strongly linked to cloud computing?
- A.
Internet of things
- B.
Software as a service
- C.
Near field communication
- D.
Augmented reality
Correct Answer
B. Software as a serviceExplanation
Answer B is correct. Cloud computing allows to provide/use software via the Internet "as a service" without the need of locally installing the application. An example would be Google Drive.Rate this question:
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- 30.
What is not true for "data security"?
- A.
It is about virus protection
- B.
It is about e-mail encryption
- C.
It is about software quality testing
- D.
It is about authenticated user access
Correct Answer
C. It is about software quality testingExplanation
Statement C is not true. Data security means protecting data, such as a e-mails, databases, document archives, etc. from destructive forces (theft, destruction, etc.) and unauthorized access.Rate this question:
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Mar 21, 2022Quiz Edited by
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Sep 11, 2014Quiz Created by
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