ISTM 210 Exam 1 - Miller Questions &
Answers (Grade A+)
Data -
correct answer ✅Raw facts (numbers, quantities, etc.)
Information -
correct answer ✅Data that has been processed into something
meaningful
System -
correct answer ✅A set of components that work together to
accomplish a common goal (e.g., a car, your body, etc.)
Information System -
correct answer ✅A set of components that work together to
process data into information
3 Components of an Information System -
correct answer ✅Technology (hardware, software)
People (users, managers, etc.)
Processes (rules and procedures for using system)
, ISTM 210 Exam 1 - Miller Questions &
Answers (Grade A+)
Categories of Information Systems -
correct answer ✅Operational systems (handle real-time
transactions, must be fast and reliable)
Analytical systems (used by management for decision-making, not
real-time)
Operational systems run the business.Analytical systems analyze
the business
Why do organizations care about information systems? -
correct answer ✅Information systems help increase productivity,
lower costs, and improve decision quality
Competitive Advantage -
correct answer ✅Something that allows a company to be better
than its competitors
3 Competitive Advantage Strategies -
correct answer ✅Cost leadership (be the cheapest)
Answers (Grade A+)
Data -
correct answer ✅Raw facts (numbers, quantities, etc.)
Information -
correct answer ✅Data that has been processed into something
meaningful
System -
correct answer ✅A set of components that work together to
accomplish a common goal (e.g., a car, your body, etc.)
Information System -
correct answer ✅A set of components that work together to
process data into information
3 Components of an Information System -
correct answer ✅Technology (hardware, software)
People (users, managers, etc.)
Processes (rules and procedures for using system)
, ISTM 210 Exam 1 - Miller Questions &
Answers (Grade A+)
Categories of Information Systems -
correct answer ✅Operational systems (handle real-time
transactions, must be fast and reliable)
Analytical systems (used by management for decision-making, not
real-time)
Operational systems run the business.Analytical systems analyze
the business
Why do organizations care about information systems? -
correct answer ✅Information systems help increase productivity,
lower costs, and improve decision quality
Competitive Advantage -
correct answer ✅Something that allows a company to be better
than its competitors
3 Competitive Advantage Strategies -
correct answer ✅Cost leadership (be the cheapest)
