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Business Acumen C201 Study Path 2 questions and answers with solutions.

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Business Acumen C201 Study Path 2 questions and answers with solutions.

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Business Acumen C201 Study Path 2 questions
and answers with solutions

What is disruptive innovation? - ANSWER Disruptive innovation refers to a theory that describes
the impact an innovation has when a new market and value are created that "disrupt" an
existing market and its value. Disruptive innovations are less expensive and simpler versions of
existing products and services that target entirely new customers, many times replacing
industry leaders. Examples include smart phones replacing personal computers, downloadable
digital media replacing CDs and DVDs, and other online sources replacing traditional print
encyclopedias, and retail medical clinics replacing traditional doctors' offices



Distinguish between data and information. - ANSWER Data consist of raw facts and figures that
may or may not be relevant to a decision. Information is the knowledge gained from those facts
and figures.



What is an information system? - ANSWER An information system is an organized method for
collecting, storing, and communicating past, present, and projected information on internal
operations and external intelligence



What is big data? - ANSWER Big data can be defined as the massive amounts of data available to
companies today, which is available in a structured or unstructured format. Big data changes on
an ongoing basis, due mainly to the many sources from which it originates, including social
media, mobile devices, online sales, and customer service feedback. Big data can lead a
company to see trends, providing greater insight to make better, more informed decisions



List the 4 components of a computer-based information system - ANSWER hardware, computer
software, a network, and a database.



What is a database? - ANSWER A database is a centralized, integrated collection of data
resources.

,What are the 2 general types of information systems? Give examples of each. - ANSWER
Operational support systems (such as transactions processing and process control systems) and
Management support systems (such as management information, decision support, executive
support, and expert systems). Some information systems support parts of an organization,
others support entire organizations and some support groups of organizations.



List 2 input and output devices. - ANSWER Input: Keyboard and mouse. Output: Monitor and
printer.



What accounts for the popularity of laptop and notebook computers? - ANSWER The popularity
of these devices can be explained by smaller, lighter, more powerful computing, and by the
improved displays, faster processing speeds, and ability to handle more intense graphics, larger
storage capacities, and more durable designs



What is software? List the 2 categories of software. - ANSWER Computer software provides the
instructions that tell the hardware what to do. The software that controls the basic workings of
the computer is its operating system. Other programs, called application software, perform
specific tasks that users want to complete.



What is a LAN? - ANSWER A local area network (LAN) is a computer network that connects
machines within a limited area, such as a building or several nearby buildings



What is a virtual network? - ANSWER A virtual network is a common type of computer network
that partly or in whole consists of virtual network links that are not physical connections.



What is cloud computing? - ANSWER Cloud computing involves powerful servers that store
applications software and databases for users to access via the web using anything from a PC to
a smart phone



Explain cybercrime, computer hacking, and cyberterrorism - ANSWER Cybercrime is stealing or
altering data in several ways. Computer hacking is a breach of a computer system by

, unauthorized users. Sometimes the hackers' motive is just to see if they can get in. Other times,
hackers have more sinister motives, including stealing or altering data. Cyberterrorism, a new
generation of terrorism, can involve deliberate threats to information systems and can be
associated with terrorist activities.



What is malware, and how does a computer virus work? - ANSWER Malware is any malicious
software program designed to infect computer systems. A virus is a computer program that
secretly attaches itself to another program (called a host). The virus then changes the host,
destroys data, or even makes the computer system inoperable



What are the ethical issues with the use of information technology? - ANSWER It is not
uncommon for organizations to have specific ethical standards and policies regarding the use of
information systems by employees and vendors. Ethical issues also involve organizational use of
information systems to protect the privacy and confidentiality of employee and customer data
and records. Another ethical issue is the use of computer technology to monitor employees
while they are working



What are the types of disasters to which information systems are vulnerable? - ANSWER Natural
disasters, power failures, equipment malfunctions, software glitches, human error, and even
terrorist attacks can disrupt even the most powerful, sophisticated computer information
systems.



List the 5 considerations for off-site data storage. - ANSWER Planning & deciding which data to
back up, establishing & following a backup schedule, protecting data when they are transmitted
off-site, selecting the right security vendor, and continually testing & evaluating the backup
system.



What Is Artificial Intelligence and Machine Learning? - ANSWER Artificial Intelligence (AI) and
Machine Learning (ML) have seen considerable advancement. AI involves machines that can
perform tasks characteristic of human intelligence—things like planning, understanding
language, recognizing objects and sounds, learning, and problem solving. Machine learning is
simply a way of achieving AI by "training" an algorithm so that the algorithm can "learn how."

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