Bus 250 Final Exam Questions With Verified Answers Latest Update 2026

BUS 250 FINAL EXAM QUESTIONS WITH VERIFIED ANSWERS LATEST UPDATE 2026 Know the definition, examples and progressive order of data, information and knowledge. - Answers data, information and knowledge. Data - Answers words, numbers information - Answers sentences, equations knowledge - Answers chapters, theories IT infrastructure - Answers hardware, software, networks, databases IT equation - Answers IT personnel + IT Platform = IT services functional area information systems - Answers ISs that support a particular functional area within the organization Transaction Processing System (TPS) - Answers supports the monitoring, collection, storage, and processing of data from the organization's basic business transactions, each of which generates data Customer Relationship Management (CRM) - Answers a company-wide business strategy designed to optimize profitability, revenue, and customer satisfaction by focusing on highly defined and precise customer groups e-commerce - Answers the buying and selling of goods over the internet Enterprise Resource Planning (ERP) - Answers Business management software, usually a suite of integrated applications, that a company can use to collect, store, manage and interpret data from many business activities. inter-organizational systems - Answers information systems that connect two or more organizations supply chain mgmt - Answers manage sequence of suppliers and purchasers, obtaining raw materials-- distributing finished goods how does IT affect organizations - Answers -Reduces number of middle managers -Changes the manager's job -Eliminate jobs but also creates new ones -Employees at work (health and safety) -Provides opportunities for people with disabilities functional area info systems - Answers accounting, finance, production ops mgmt, marketing, HR business pressures - Answers technology, market/economic, societal technology business pressures - Answers info overload, tech innovations market/economic business pressures - Answers global economy, strong competition, real time operations, changing workforce, powerful customers societal business pressures - Answers terrorist attacks, ethical issues, compliance with our gov regulations, social responsibility information overload - Answers A condition in which information inflow exceeds an individual's processing capacity Porter's Competitive Forces Model - Answers traditional competitors, new market entrants, substitute products and services, customers, suppliers Strategies for Competitive Advantage - Answers Cost leadership, differentiation, innovation, operational effectiveness, customer orientation Business and IT being aligned - Answers tight integration of the IT Functions with the strategies, mission, goals of the organization. IT understands how company operates business process - Answers input process output Business Process Reengineering (BPR) - Answers A radical redesign of a business process that improves its efficiency and effectiveness, often by beginning with a "clean sheet" (from scratch). business process mgmt - Answers a mgmt technique that includes methods and tools to support the ongoing design, analysis, implementation of biz processes roles of IT in business processes - Answers execute the process capture and store process data (communications) Monitor Process Performance 5 Phases of BPR Project - Answers 1. define 2. measure 3. analysis 4. improve 5. control functional area info systems support activities - Answers strategic, tactical, operational ERP Benefits - Answers integrate financial info, integrate customer order info, standardize and speed up manufacturing process, reduce inventory, standardize human resource info ERP Disadvantages - Answers complex, expensive, time consuming, can take several years ERP reports - Answers routine - scheduled ad hoc - on demand exception Computer Network - Answers Computers connected together for the purpose of sharing information and resources Bandwidth - Answers the transmission capacity of a communication channel - narrowband, twisted pair wire broadband - Answers A high-speed Internet connection that is always connected - coaxial cable, fiber optic Local Area Network (LAN) - Answers a computer network that covers a small area Wide Area Network (WAN) - Answers wide geographic area enterprise network - Answers an organization's network composed of interconnected multiple LANs and WANs Intranet - Answers a network designed for the exclusive use of computer users within an organization that cannot be accessed by users outside the organization Extranet - Answers parts of intranets of multiple companies/locations connected together wireless media channels - Answers bandwidth and broadband wireless media channel short range - Answers wireless LANs wifi bluetooth RFID wireless media channel long range - Answers terrestrial microwave communications satellites cellular Packet Switching - Answers typical technology used for the internet. full messages smaller blocks of data different routes reassemble @ destination Internet - Answers interconnected computers that provide infrastructure for web to exist world wide web - Answers one app the internet supports problems w/ foreign language - Answers imperfect, expensive discovery - Answers search engines, portals communication - Answers email, chatroom, social media elearning/distance learning - Answers flexibility but miss fade to face interaction telecommuting - Answers reduced stress, work life but isolation, supervision software - Answers system and application issues w/ software - Answers defects, licensing, open, proprietary open source