ISM 3004 Exam 1, ISM3004 1-3 Quizzes, ISM
3004 Exam Study Guide
Dsiruptor - ANSWER to cause something to be unable to continue in the normal
way.
Examples of disruptors - ANSWER Movie streaming, Music
streaming/downloading, Online Clases (MOOC)
Share economy - ANSWER Renting things out that you aren't using (Uber, Lyft,
AirBnB)
4 Key Factors of disruption - ANSWER Moore's Law, Social Media, Mobile,
Globalization
Moore's Law - ANSWER Gordon Moore. # of transistor will double every 2 years
AT THE SAME PRICE
Social Media - ANSWER Business integration w Facebook Nation
Mobile - ANSWER 5 billion phones worldwide. 50% searches are done on mobile
Globalization - ANSWER >90% of internet users are outside of the US. 3.8 B
Global users/290 M US users
Golden Age of Tech Entrepreneurship - ANSWER The Cloud
App Stores
Social Media
IT as a career - ANSWER Every budget, job, and field is becoming IT. Geek Up!
Sexiest job of the 21st century
CIO - ANSWER Chief Information Officer
- responsible for the information tech of the enterprise
CTO - ANSWER Chief Technology Officer
- science and tech related external trends
CISO - ANSWER Chief Information Security Officer
- Protects internal data from outsiders
CPO - ANSWER Chief Privacy Officer
,- ensures privacy in the company
Tech skill "half life" - ANSWER tech skills decay and become old over time. Need
to always improve
Gartner Hype Cycle - ANSWER Expectations - Y axis
Time - X axis
+ Innovation Trigger (getting hyped)
+ Peak of Inflated Expectations (ppl realize product does not meet expectations)
+ Trough of Disillusionment (Companies invest even tho ppl are eh on the item)
+ Slope of Enlightenment (Slow, realistic increase)
+ Plateau of Productivity (30% of market has adopted)
The Curve
Time to mainstream adoption
3 Danger Zones - ANSWER 1. Adopting Too Early
2. Giving up too soon
3. Adopting too late
Impact for new tech - ANSWER Transformational - New way of doing business
High - New way of performing processes
Moderate - existing processes improved
Low - slight process improvement
Gartner Magic Quadrant - ANSWER How to decide what software to use for your
company
Challengers | Leaders
------------------------------
Niche Players | Visionaries
y axis - ability to execute
x axis - completeness of vision
Leaders - ANSWER Max ability, max vision
Visionaries - ANSWER Full vision, cannot reach goals (small businesses)
Challengers - ANSWER Support and serve well, narrow vision
Niche Players - ANSWER Successfully focus on small market segment
Copyright - ANSWER Can be on books, plays, music, etc
, CANNOT COPYRIGHT AN IDEA
Length of copyright - ANSWER Used to be 14 years
NOW lifetime + 70 years
Company: 100 years
When can u use a copyrighted work? - ANSWER teaching, news reporting,
parody, critical comment
Public Domain - ANSWER Happens after 14 years. Work is then public for
anyone to use
Rules of Fair Use - ANSWER 1. Nature of the borrowed work
2. Amount borrowed
3. Does not change the work's original value on the market
Stock Photos - ANSWER Photos that can be purchased to be used.
Creative commons - ANSWER "Some rights reserved"
sets of standard licenses
makes it easy to sell content while holding ownership
4 Creative Commons Licenses - ANSWER Attribution - BY
- can use the work but must give credit to owner
NonCommercial - NC
- private ppl can use it, businesses must pay
NonDerivative - ND
- cannot modify the work AT ALL
Share Alike - SA
- can use work, but it must be shared on the SAME TERMS as the original
"No Rights"
- all rights are surrendered and it is open to the public
Avoid putting the "cart before the horse" - ANSWER Determine needs
Choose software
Choose hardware
System software - ANSWER programs needed for functioning of a computer and
devices (OS, drivers, backups, antivirus)
Application software - ANSWER what you use to accomplish a task (Office, DB
managers, spotify)
3004 Exam Study Guide
Dsiruptor - ANSWER to cause something to be unable to continue in the normal
way.
Examples of disruptors - ANSWER Movie streaming, Music
streaming/downloading, Online Clases (MOOC)
Share economy - ANSWER Renting things out that you aren't using (Uber, Lyft,
AirBnB)
4 Key Factors of disruption - ANSWER Moore's Law, Social Media, Mobile,
Globalization
Moore's Law - ANSWER Gordon Moore. # of transistor will double every 2 years
AT THE SAME PRICE
Social Media - ANSWER Business integration w Facebook Nation
Mobile - ANSWER 5 billion phones worldwide. 50% searches are done on mobile
Globalization - ANSWER >90% of internet users are outside of the US. 3.8 B
Global users/290 M US users
Golden Age of Tech Entrepreneurship - ANSWER The Cloud
App Stores
Social Media
IT as a career - ANSWER Every budget, job, and field is becoming IT. Geek Up!
Sexiest job of the 21st century
CIO - ANSWER Chief Information Officer
- responsible for the information tech of the enterprise
CTO - ANSWER Chief Technology Officer
- science and tech related external trends
CISO - ANSWER Chief Information Security Officer
- Protects internal data from outsiders
CPO - ANSWER Chief Privacy Officer
,- ensures privacy in the company
Tech skill "half life" - ANSWER tech skills decay and become old over time. Need
to always improve
Gartner Hype Cycle - ANSWER Expectations - Y axis
Time - X axis
+ Innovation Trigger (getting hyped)
+ Peak of Inflated Expectations (ppl realize product does not meet expectations)
+ Trough of Disillusionment (Companies invest even tho ppl are eh on the item)
+ Slope of Enlightenment (Slow, realistic increase)
+ Plateau of Productivity (30% of market has adopted)
The Curve
Time to mainstream adoption
3 Danger Zones - ANSWER 1. Adopting Too Early
2. Giving up too soon
3. Adopting too late
Impact for new tech - ANSWER Transformational - New way of doing business
High - New way of performing processes
Moderate - existing processes improved
Low - slight process improvement
Gartner Magic Quadrant - ANSWER How to decide what software to use for your
company
Challengers | Leaders
------------------------------
Niche Players | Visionaries
y axis - ability to execute
x axis - completeness of vision
Leaders - ANSWER Max ability, max vision
Visionaries - ANSWER Full vision, cannot reach goals (small businesses)
Challengers - ANSWER Support and serve well, narrow vision
Niche Players - ANSWER Successfully focus on small market segment
Copyright - ANSWER Can be on books, plays, music, etc
, CANNOT COPYRIGHT AN IDEA
Length of copyright - ANSWER Used to be 14 years
NOW lifetime + 70 years
Company: 100 years
When can u use a copyrighted work? - ANSWER teaching, news reporting,
parody, critical comment
Public Domain - ANSWER Happens after 14 years. Work is then public for
anyone to use
Rules of Fair Use - ANSWER 1. Nature of the borrowed work
2. Amount borrowed
3. Does not change the work's original value on the market
Stock Photos - ANSWER Photos that can be purchased to be used.
Creative commons - ANSWER "Some rights reserved"
sets of standard licenses
makes it easy to sell content while holding ownership
4 Creative Commons Licenses - ANSWER Attribution - BY
- can use the work but must give credit to owner
NonCommercial - NC
- private ppl can use it, businesses must pay
NonDerivative - ND
- cannot modify the work AT ALL
Share Alike - SA
- can use work, but it must be shared on the SAME TERMS as the original
"No Rights"
- all rights are surrendered and it is open to the public
Avoid putting the "cart before the horse" - ANSWER Determine needs
Choose software
Choose hardware
System software - ANSWER programs needed for functioning of a computer and
devices (OS, drivers, backups, antivirus)
Application software - ANSWER what you use to accomplish a task (Office, DB
managers, spotify)
