All Solved Correct 2025-2026 Updated.
nonroutine cognitive skills - Answer -abstract reasoning
-systems thinking
-collaboration
-ability to experiment
abstract reasoning - Answer ability to make and manipulate models
systems thinking - Answer ability to model the components of a system
system - Answer group of components that interact to achieve some purpose
information system - Answer group of components that interact to produce information
5-component framework (for information systems) - Answer hardware, software, data,
procedures, and people
Information Technology - Answer hardware, software, & data
information - Answer knowledge derived from data
necessary data characteristics? - Answer accurate
timely
relevant
-to context
- to subject
just sufficient
worth its cost
, -decisions about the allocation and utilization of resources
strategic decisions
-support broad-scope, organizational issues
structured vs unstructured decision process - Answer structured decision process is one for
which there is an understood and accepted method for making the decision
problem - Answer perceived deference between what is and what ought to be
collaboration tool - Answer program component of a collaboration info system
synchronous communication vs asynchronous - Answer synchronous communication- when
all team members are communicating or meeting at the same time (conference call or
meetings)
webinar - Answer virtual meeting in which attendees view one of the attendees' computer
screen
porter's 5 forces model of industry structure - Answer -bargaining power of customers
-bargaining power of suppliers
-threat of substitution
-threat of new entrants
-rivalry
competitive strategy - Answer -cheap or quality
-entire industry or specific market in industry
margin= - Answer value-cost
value - Answer amount of money a customer is willing to pay for a good