IS 301 Exam 1 Guaranteed A+
According to Moore's Law, the ________ ✔️✔️Number of transistors per square inch on an integrated
chip doubles every 18 months
Which of the following pairs of components constitutes the human side of information systems?
✔️✔️People and Procedures
Which of the following is considered as information rather than mere data? ✔️✔️The return on
investment of an advertising campaign
Which of the following is a common description of information? ✔️✔️Knowledge derived from data
Which of the following best describes data? ✔️✔️Recorded facts or figures
A furniture manufacturer keeps details of its current inventory including weight, quantity, and price.
These details can be called ________. ✔️✔️Data
Which of the following is a critical characteristic of good information? ✔️✔️Accuracy
Which of the following is the least critical aspect of good information? ✔️✔️Additional data
(T/F) A good information system is one that provides the users with more information than what is
required. ✔️✔️False
Which of the following factors determines the structure, features, and functions of an information
system used in a company? ✔️✔️The competitive strategy
Competitive strategy determines all of the following except ________. ✔️✔️The company's PE ratio
, (T/F) An organization's goals and objectives are determined by its competitive strategy. ✔️✔️True
Porter's five forces model is used to assess ________. ✔️✔️Industry structure
According to Porter's five forces model, which of the following firms would be least affected by the
threat of substitutes? ✔️✔️A firm that sells the only drug for a disease
(T/F) The streamlining of business processes to reduce costs is key to competitive strategy. ✔️✔️True
Locking in customers by making it difficult or expensive for customers to move to another product is
called establishing high ________. ✔️✔️Switching costs
A large software manufacturer attempts to lock in customers by making it difficult for them to substitute
their software with one from another company. The strategy used by the company is referred to as
________. ✔️✔️Switching costs strategy
Organizations can lock in suppliers either by making it difficult to switch to another organization or by
________. ✔️✔️Making it easy to work with the organization
Reduction in production cost results in ________. ✔️✔️Increased profitability
________ delivers business intelligence to users without any request from the users. ✔️✔️Push
publishing
(T/F) The three primary activities in the business intelligence (BI) process are to acquire data, perform
analysis, and publish results. ✔️✔️True
What is a good solution to assist an organization when there is a need to reduce data? ✔️✔️Statistical
sampling
According to Moore's Law, the ________ ✔️✔️Number of transistors per square inch on an integrated
chip doubles every 18 months
Which of the following pairs of components constitutes the human side of information systems?
✔️✔️People and Procedures
Which of the following is considered as information rather than mere data? ✔️✔️The return on
investment of an advertising campaign
Which of the following is a common description of information? ✔️✔️Knowledge derived from data
Which of the following best describes data? ✔️✔️Recorded facts or figures
A furniture manufacturer keeps details of its current inventory including weight, quantity, and price.
These details can be called ________. ✔️✔️Data
Which of the following is a critical characteristic of good information? ✔️✔️Accuracy
Which of the following is the least critical aspect of good information? ✔️✔️Additional data
(T/F) A good information system is one that provides the users with more information than what is
required. ✔️✔️False
Which of the following factors determines the structure, features, and functions of an information
system used in a company? ✔️✔️The competitive strategy
Competitive strategy determines all of the following except ________. ✔️✔️The company's PE ratio
, (T/F) An organization's goals and objectives are determined by its competitive strategy. ✔️✔️True
Porter's five forces model is used to assess ________. ✔️✔️Industry structure
According to Porter's five forces model, which of the following firms would be least affected by the
threat of substitutes? ✔️✔️A firm that sells the only drug for a disease
(T/F) The streamlining of business processes to reduce costs is key to competitive strategy. ✔️✔️True
Locking in customers by making it difficult or expensive for customers to move to another product is
called establishing high ________. ✔️✔️Switching costs
A large software manufacturer attempts to lock in customers by making it difficult for them to substitute
their software with one from another company. The strategy used by the company is referred to as
________. ✔️✔️Switching costs strategy
Organizations can lock in suppliers either by making it difficult to switch to another organization or by
________. ✔️✔️Making it easy to work with the organization
Reduction in production cost results in ________. ✔️✔️Increased profitability
________ delivers business intelligence to users without any request from the users. ✔️✔️Push
publishing
(T/F) The three primary activities in the business intelligence (BI) process are to acquire data, perform
analysis, and publish results. ✔️✔️True
What is a good solution to assist an organization when there is a need to reduce data? ✔️✔️Statistical
sampling
