". VdoTips: Comprehension Practice Set 30



Comprehension Practice Set 30

Read the passage given below and answer the question based on your understanding of the passage: To survive, thrive and beat the completion in today’s brutally competitive world one has to manage the future. Managing the future means managing the information. In order to manage the information, in order to deliver high quality information to the decision makers at the right time, in order to automate the process of data collection, c ollation and refinement, organizations have to make information technology (IT) an ally, harness its full potential and use in the best way possible. We have seen that in today’s competitive business environment, the key resource of every organization is information. If the organization does not have an efficient and effective mechanism that enable it to give the decision-makers the right information at the right time, then the chances of the organization succeeding in the next millennium are very remote. The three fundamental characteristics of information are accuracy, relevancy and timeliness. The information has to be accurate, it must be relevant for the decision maker and it must be available to the decision maker when he needs it. Any organization that has the mechanism to collect, collate, analysis and present high quality information to its employees, ‘thus enabling them to make batter decisions, will always be one step ahead of the competition. Today, the time available for an organization to react to the changing market trends in very short. To survive, the organization must always be on its toes, gathering and analyzing the data-both internal and external. Any mechanism that will automate this information gathering and analysis process will enhance the chances of the organization to beat the competition. 46. Which factors force organization to use IT to harness information? (A) Explosion of source of information (B) Availability of latest information on real basis (C) Time, volume and complex nature of information on real time basis (D) Information needs of users are inter-disciplinary in nature
47. Major obstacle in taking accurate futuristic decisions is: (A) Availability of more information (B) Cut-throat competition (C) Ever-changing socio-economic and political situations (D) Globalisation
48. Which is the most appropriate tool to make better use of information? (A) Well qualified and experienced information professional (B) Depth classification and indexing (C) Experts in domain knowledge (D) Information technology
49. What are the critical characteristics of information delivery system for making its use effective? (A) Efficient channel of communication system. (B) Ability to develop appropriate information products (C) Right information, delivered at right time (D) Developing quality photocopying and fax facility.
50. Who is the crucial decision for an organization to take to beat the competition? (A) To create a mechanism to access, organise and process information of an organization. (B) To establish a separate department for acquiring and processing information. (C) To strengthen the libraries already existing in the organization (D) To collaborate with university and national and international information systems. Answer: (A)