ISDS 3001 Exam 1 Questions with Correct Answers

ISDS 3001 Exam 1 Questions with Correct Answers One of your friends who is enrolled in the college of business tell you: 'it's not important for me to understand IT and information systems.' What evidence could you use to convince him that he is wrong? - Answer-The top 5 public traded companies are all technology companies, because software is now a key driver of business success. Which one of the following is not of the six key questions that senior executives should answer when getting involved in information systems management? - Answer-How many ERP systems should we have? What is the difference between a data warehouse and a data mart? - Answer-Compared to a data warehouse, a data mart is smaller and easier to build The information systems and organizational change which heavily involves the people, process and technology components of the information systems is called: - Answer-Second-order change Why do we need to create an Information System Vision during the strategic Information Systems planning process? - Answer-It helps define the role that information systems should play in the organization. Are the terms Information System and Information Technology synonymous? - Answer-No, because information technology is a component of modern information systems Napoleon's army would NOT need an information system. Is this statement correct? - Answer-No, they would need an information system to run their operations like keeping track of supplies and soldier's assignments . The terms information system and information technology are synonymous (i.e., they mean the same thing and they can be used interchangeably). - Answer-False What is the revenue model of a firm that initially gives away its product or service for free and later attempts to charges for premium services? - Answer-Freemium