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BUS 237 Mid-term Questions || CORRECTLY ANSWERED; TO SCORE A+!!

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According to Industry Canada, what were the revenues of the Canada ICT sector in 2010? correct answers 162 billion What was the total number of Canadian workers employed by the ICT sector in 2010 according to Industry Canada? correct answers 563 000 Which of the following segments of the ICT sector in Canada is responsible for the majority of this sectors revenue, according to Industry Canada? correct answers Services What does ICT stand for? a. Information Communications Terminology b. Information Computing Technology c. Information Communications Technology d. Industrial Communications Technology e. Industrial Computing Technology correct answers c. Information Communications Technology The Running Room web site a. handles online purchases. b. provides unique services that are not available in stores. c. provides discussion groups. d. provides information efficiently to customers. e. all of the above. correct answers e. All of the above ________ is (are) often the most important part of an information system. a. People b. Processes c. Hardware d. Data e. Software correct answers a. People MIS can be defined as a. the development and use of information systems that achieve business goals and objectives. b. the use of information systems to develop business strategies. c. the use of information systems that achieve business goals and objectives. d. the development of information systems that helps a business to save money. e. the development and use of information systems to cut cost. correct answers a. the development and use of information systems that achieve business goals and objectives. The critical difference between information systems and information technology is? a. The computers. b. The way computers are used. c. The people. d. The information and data. e. The computer programs. correct answers c. The people.

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BUS 237 Mid-term Questions || CORRECTLY
ANSWERED; TO SCORE A+!!
According to Industry Canada, what were the revenues of the Canada ICT sector in 2010?
correct answers 162 billion

What was the total number of Canadian workers employed by the ICT sector in 2010
according to Industry Canada? correct answers 563 000

Which of the following segments of the ICT sector in Canada is responsible for the
majority of this sectors revenue, according to Industry Canada? correct answers Services

What does ICT stand for?
a. Information Communications Terminology
b. Information Computing Technology
c. Information Communications Technology
d. Industrial Communications Technology
e. Industrial Computing Technology correct answers c. Information Communications
Technology

The Running Room web site
a. handles online purchases.
b. provides unique services that are not available in stores.
c. provides discussion groups.
d. provides information efficiently to customers.
e. all of the above. correct answers e. All of the above

________ is (are) often the most important part of an information system.
a. People
b. Processes
c. Hardware
d. Data
e. Software correct answers a. People

MIS can be defined as
a. the development and use of information systems that achieve business goals and
objectives.
b. the use of information systems to develop business strategies.
c. the use of information systems that achieve business goals and objectives.
d. the development of information systems that helps a business to save money.
e. the development and use of information systems to cut cost. correct answers a. the
development and use of information systems that achieve business goals and objectives.

The critical difference between information systems and information technology is?
a. The computers.
b. The way computers are used.
c. The people.
d. The information and data.
e. The computer programs. correct answers c. The people.

,Google's use of "content extraction" with Gmail is a concern for?
a. Academics
b. Google
c. Privacy advocates
d. Governments
e. Competitors correct answers c. Privacy advocates

According to Moore's Law, an integrated chip's speed and power should ________ every 20
months.
a. grow 50%
b. increase exponentially
c. increase 1%
d. grow 100%
e. gradually increase correct answers d. grow 100%

The cost as measured per 10 000 transistors on computer chips has been ________ steadily
over time.
a. gradually increasing
b. dropping
c. keeping pace
d. unchanged
e. increasing drastically correct answers b. dropping

It is expected that the price and power of computer chips will ________ over the next decade.
a. stay about the same
b. obey Moore's Law
c. shrink
d. continue to grow slowly
e. grow more dramatically correct answers b. obey Moore's Law

Information technology only becomes useful when it is combined with the people and
________ components of an information system.
a. process
b. software
c. hardware
d. data
e. procedure correct answers e. procedure

Hal Varian notes that for business people
a. the ability to handle data will be important for decades to come.
b. learning about technology is not important.
c. information technology does not change business.
d. basic computer skills will be important for decades to come.
e. information systems do not affect the way we work. correct answers a. the ability to handle
data will be important for decades to come.

David Ticoll suggests that
a. we will continue to see a divide between the real and the virtual world.
b. we have already seen the pinnacle of network development.

, c. the technology trends of today will make performance-enhancing innovations available in
almost every industry.
d. we will continue to have problems in finding the hidden meaning from data.
e. the cost of storage will almost be free in the next decade. correct answers e. the cost of
storage will almost be free in the next decade.

What does Moore's law have to do with the amount of data being generated today? Do you
see this trend continuing? correct answers Gordon Moore's famous observation was made in
1965. It projects the doubling of transistors every couple of years. Moore's Law has been
maintained and still holds true today. With respect to storage devices, their capacity has been
growing just as rapidly which, in turn, is driving down the price of storage. So now it is
feasible to have many exabytes of storage for things like audio and video files. Yes this will
most definitely continue to expand, and it is difficult to see where it will end, but things like
real time video feeds and real time virtual reality simulations will take huge amounts of
processing power and memory in order to store them.

Why is it important for business professionals to know about MIS? correct answers The
decisions concerning what functions should be included in corporate information systems is
too important to be simply left to the techies. Every business professional should have some
knowledge about MIS so that they can be intelligent users and help the system designers to
design better systems. Knowing what systems are capable of doing will help when they are
interviewed by the systems analysts to determine what the system requirements of the new
system will be. They will also have to frequently interact with techies in order to help debug
existing systems and even to generate ideas for new applications to improve the company's
competitive position.

What is the definition of MIS? correct answers MIS is the development and use of
information systems that help businesses achieve their goals and objectives. This definition
has three key elements: development and use, information systems, and business goals and
objectives.

CH2 correct answers

A copy of the purchase order is sent to the customer.
a. True
b. False correct answers b. False

The fact that it rained 1.2 inches today is an example of information.
a. True
b. False correct answers b. False

A transaction processing system helps managers allocate and utilize resources.
a. True
b. False correct answers b. False

For information to be worth its cost, there must be an appropriate relationship between the
cost of information and its value.
a. True
b. False correct answers a. True

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