MIS 304 Exam (100% correct and graded A+)

What is future shock? - Rapid transition between waves of technology, easy for young generation but harder for older generation to grasp. 5 Major IT Mega Trends - Mobile Social Big Data Cloud Computing Internet of Things Social Trend - Twitter, LinkedIn What you put out into the world spreads rapidly good or bad Big Data Trend - Volume - Merging, Velocity - Tracking, Variety Cloud Computing Trend - Dropbox, External Storage Internet of Things (what is it and examples) - Putting a computer into everything Ex. Thermostat, Phones, Routers, Terminals in Stores Globalization - Made possible by IT and technology enhancements Globalization of the Internet - Rapid drop of telecommunications cost, increased quality. Replacing the phone line transferring.Globalization of Outsourcing (why we outsource) - Someone does something better than you, let's you focus on what you do well, creates competitive advantage.