K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
Q1-1: Why is intro to MIS the most important class in the business
school? - - -
correct answer ✅- It will give you the background you need to
assess, evaluate, and apply emerging information systems
technology to business
- Can give you the ultimate in job security--marketable skills--by
helping you learn abstraction, systems thinking, collaboration, and
experimentation
- Many well paid MIS related jobs are in high demand
Ch 1: Information age - - -
correct answer ✅- Production, distribution, and control of
information is the primary driver of the economy
- Started in the 1970's with the Digital revolution (conversion from
mechanical and analog devices to to digital devices)
Ch 1: Bells Law - - -
correct answer ✅A new computer class forms roughly each
decade establishing a new industry
,K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
Ch 1: Moore's Law - - -
correct answer ✅- 1965, Gordon Moore, cofounder of Intel
Corporation
- The number of transistors per square inch on an integrated chip
doubles every 18 months
Ratio of price to performance of computer processors has fallen
dramatically. Cost of processing data is approaching zero
Ch 1: Metcalfe's Law - - -
correct answer ✅- Robert Metcalfe, inventor of ethernet cable
- The value of a network is equal to the square of the number of
users connected to it
- As more digital devices are connected together, the value of the
network will increase
,K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
Ch 1: Nielsen's Law - - -
correct answer ✅- Network connection speeds for high end users
will increase by 50% each year
- Network connection is increasing---higher speeds = new products,
platforms, companies
Ch 1: Kryder's Law - - -
correct answer ✅- Storage density on magnetic discs are
increasing exponentially
- Cost of storing data is approaching zero
Q1-2: How will MIS affect me? - - -
correct answer ✅Job security
- Only job security that exists is "a marketable skill and the courage
to use it"
Strong routine (Cognitive skills)
Abstract reasoning
, K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
- Construct a model or representation
Systems thinking
- Model system components and show how components inputs and
outputs relate to each other
Collaboration
- Develop ideas and plans with others. Provide and receive critical
feedback
Ability to experiment
- Create and test promising new alternatives, consistent with
available resources
Technology Skills Gap
- Mismatch between the high levels of tech skills demanded by
employers and the low level of tech skill held by employees
As the price of computer technology plummets, the value of jobs
that benefit from it increase dramatically
Exam Questions And Answers Latest 2025
Q1-1: Why is intro to MIS the most important class in the business
school? - - -
correct answer ✅- It will give you the background you need to
assess, evaluate, and apply emerging information systems
technology to business
- Can give you the ultimate in job security--marketable skills--by
helping you learn abstraction, systems thinking, collaboration, and
experimentation
- Many well paid MIS related jobs are in high demand
Ch 1: Information age - - -
correct answer ✅- Production, distribution, and control of
information is the primary driver of the economy
- Started in the 1970's with the Digital revolution (conversion from
mechanical and analog devices to to digital devices)
Ch 1: Bells Law - - -
correct answer ✅A new computer class forms roughly each
decade establishing a new industry
,K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
Ch 1: Moore's Law - - -
correct answer ✅- 1965, Gordon Moore, cofounder of Intel
Corporation
- The number of transistors per square inch on an integrated chip
doubles every 18 months
Ratio of price to performance of computer processors has fallen
dramatically. Cost of processing data is approaching zero
Ch 1: Metcalfe's Law - - -
correct answer ✅- Robert Metcalfe, inventor of ethernet cable
- The value of a network is equal to the square of the number of
users connected to it
- As more digital devices are connected together, the value of the
network will increase
,K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
Ch 1: Nielsen's Law - - -
correct answer ✅- Network connection speeds for high end users
will increase by 50% each year
- Network connection is increasing---higher speeds = new products,
platforms, companies
Ch 1: Kryder's Law - - -
correct answer ✅- Storage density on magnetic discs are
increasing exponentially
- Cost of storing data is approaching zero
Q1-2: How will MIS affect me? - - -
correct answer ✅Job security
- Only job security that exists is "a marketable skill and the courage
to use it"
Strong routine (Cognitive skills)
Abstract reasoning
, K201 Lecture Midterm Study Guide Ch 1-5
Exam Questions And Answers Latest 2025
- Construct a model or representation
Systems thinking
- Model system components and show how components inputs and
outputs relate to each other
Collaboration
- Develop ideas and plans with others. Provide and receive critical
feedback
Ability to experiment
- Create and test promising new alternatives, consistent with
available resources
Technology Skills Gap
- Mismatch between the high levels of tech skills demanded by
employers and the low level of tech skill held by employees
As the price of computer technology plummets, the value of jobs
that benefit from it increase dramatically
