ISM 3011- Exam 1 (Practice) Study Guide
Nielson's Law - ANSWER network connection speeds for high-end users will
increase by 50% per year
Metcalfe's Law - ANSWER Value of the Internet increases with increase in the
number of users
Moore's Law - ANSWER The number of transistors per square inch on an
integrated chip doubles every 18 months
Kryder's Law - ANSWER Storage capacity is increasing exponentially. The cost
of storing data is approaching zero.
Marketable skills - ANSWER abstract reasoning, systems thinking, collaboration,
ability to experiment
abstract reasoning - ANSWER the ability to make and manipulate models
System Thinking - ANSWER the ability to model the components of the system to
connect the inputs and outputs among those components into a sensible whole
that reflects the structure and dynamics of the phenomenon observed
Collaboration - ANSWER the activity of two or more people working together to
achieve a common goal, result, or work product
Experimentation - ANSWER making a reasoned analysis of an opportunity,
envisioning potential solutions, evaluating those possibilities, and developing
the most promising ones, consistent with the resources you have
tradable jobs - ANSWER one that was not dependent on a particular location;
jobs can be abroad
The bottom line? - ANSWER reference to overall company profitability
What is MIS? - ANSWER Management Information Systems
Management Information Systems (MIS) - ANSWER the management and use of
information systems that help businesses achieve their strategies
What is IS? - ANSWER Information System
, Information System - ANSWER assembly of hardware, software, data,
procedures, and people that produces information
What is IT? - ANSWER information technology
Information Technology (IT) - ANSWER refers to the products, methods,
inventions, and standards that are used for the purpose of producing
information
What are the three key elements of MIS? - ANSWER management and use,
information systems, and strategies
system - ANSWER a group of components that interact to achieve some purpose
Five-Component Framework - ANSWER computer hardware, software, data,
procedures, and people
Computer Hardware - ANSWER electronic components and related gadgetry
that input, process, output, store, and communicate data according to the
instructions encoded in computer programs or software
software - ANSWER A program or instructions that give directions to the
computer.
data - ANSWER recorded facts or figures
procedures - ANSWER step-by-step instructions for completing a task
people - ANSWER As part of the five-component framework, one of the five
fundamental components of an information system; includes those who operate
and service the computers, those who maintain the data, those who support the
networks, and those who use the system.
Computer-based information system - ANSWER an information system that
includes a computer
Which law says that network connection speeds for high-end users will increase
by 50 percent per year? - ANSWER Nielsen's Law
Why does the number of transistors per square inch on an integrated chip
double every 18 months? - ANSWER Because of technology improvements in
electronic chip design and manufacturing.
In which year was the personal computer introduced? - ANSWER 1980
Nielson's Law - ANSWER network connection speeds for high-end users will
increase by 50% per year
Metcalfe's Law - ANSWER Value of the Internet increases with increase in the
number of users
Moore's Law - ANSWER The number of transistors per square inch on an
integrated chip doubles every 18 months
Kryder's Law - ANSWER Storage capacity is increasing exponentially. The cost
of storing data is approaching zero.
Marketable skills - ANSWER abstract reasoning, systems thinking, collaboration,
ability to experiment
abstract reasoning - ANSWER the ability to make and manipulate models
System Thinking - ANSWER the ability to model the components of the system to
connect the inputs and outputs among those components into a sensible whole
that reflects the structure and dynamics of the phenomenon observed
Collaboration - ANSWER the activity of two or more people working together to
achieve a common goal, result, or work product
Experimentation - ANSWER making a reasoned analysis of an opportunity,
envisioning potential solutions, evaluating those possibilities, and developing
the most promising ones, consistent with the resources you have
tradable jobs - ANSWER one that was not dependent on a particular location;
jobs can be abroad
The bottom line? - ANSWER reference to overall company profitability
What is MIS? - ANSWER Management Information Systems
Management Information Systems (MIS) - ANSWER the management and use of
information systems that help businesses achieve their strategies
What is IS? - ANSWER Information System
, Information System - ANSWER assembly of hardware, software, data,
procedures, and people that produces information
What is IT? - ANSWER information technology
Information Technology (IT) - ANSWER refers to the products, methods,
inventions, and standards that are used for the purpose of producing
information
What are the three key elements of MIS? - ANSWER management and use,
information systems, and strategies
system - ANSWER a group of components that interact to achieve some purpose
Five-Component Framework - ANSWER computer hardware, software, data,
procedures, and people
Computer Hardware - ANSWER electronic components and related gadgetry
that input, process, output, store, and communicate data according to the
instructions encoded in computer programs or software
software - ANSWER A program or instructions that give directions to the
computer.
data - ANSWER recorded facts or figures
procedures - ANSWER step-by-step instructions for completing a task
people - ANSWER As part of the five-component framework, one of the five
fundamental components of an information system; includes those who operate
and service the computers, those who maintain the data, those who support the
networks, and those who use the system.
Computer-based information system - ANSWER an information system that
includes a computer
Which law says that network connection speeds for high-end users will increase
by 50 percent per year? - ANSWER Nielsen's Law
Why does the number of transistors per square inch on an integrated chip
double every 18 months? - ANSWER Because of technology improvements in
electronic chip design and manufacturing.
In which year was the personal computer introduced? - ANSWER 1980
