and All Correct Answers.
What is Information age? - Answer production, distribution, control of information are the
primary economic drivers
What is Digital revolution? - Answer conversion from mechanical/ analog devices to digital
services
Bell's Law - Answer new class of computers establishes a new industry each decade
Moore's law - Answer the number of transistors per square inch on an integrated chip
doubles every 18 months.
Metcalfe's Law - Answer The value of a network is equal to the square of the number of users
connected to it
Nielsen's Law - Answer Network connection speeds for high-end users will increase by 50%
per year.
Kryder's Law - Answer the storage density on magnetic disks is increasing at an exponential
rate
what are the four non routine skills - Answer abstract reasoning, systems thinking,
collaboration, and ability to experiment
Technology skills gap - Answer High level of tech skills demanded by employers and low level
of tech skills held by employees
what are the five components of information systems? (short answer) - Answer hardware,
software, data, procedures, and people. computer side = hardware and software. Actors =
Hardware and people. Instructions = software and procedures. Human side = Procedures and
people. Data = bridge. Automation moves work from human side to computer side.
organizational strategy determines information systems: - Answer Industry structure -
competitive strategy - value chains - business processes - information systems