ITSS 3300 UTD EXAM 1 QUESTIONS WITH COMPLETE SOLUTIONS!!

ITSS 3300 UTD EXAM 1
QUESTIONS WITH
COMPLETE
SOLUTIONS!!
ITSS 3300

Evatee 9/18/24 ITSS 3300

,ITSS 3300 UTD EXAM 1 QUESTIONS WITH
COMPLETE SOLUTIONS!!


How Information Systems Are Transforming Business Answer - -Mobile digital
platform
-Systems used to improve customer experience, respond to customer demand,
reduce inventories, and more
-Growing online newspaper readership
-Expanding e-commerce and Internet advertising
-New federal security and accounting laws


What's New In Management Information Systems Answer - -Technology
~Cloud computing
~Big data and the Internet of Things (IoT)
~Mobile digital platform
-Management
~Online collaboration and social networking software ~Business intelligence
~Virtual meetings
-Organizations
~Social business
~Telework
~Co-creation of business value


The Emerging Digital Firm Answer - •In a fully digital firm:
-Significant business relationships are digitally enabled and mediated

, -Core business processes are accomplished through digital networks
-Key corporate assets are managed digitally
•Digital firms offer greater flexibility in organization and management
-Time shifting, space shifting


Strategic Business Objectives of Information Systems Answer - Growing
interdependence between:
-Ability to use information technology and
-Ability to implement corporate strategies and achieve corporate goals


Firms invest heavily in information systems to achieve six strategic business
objectives: Answer - 1)Operational excellence
2)New products, services, and business models
3)Customer and supplier intimacy
4)Improved decision making
5)Competitive advantage
6)Survival


What is an information system? Answer - ~Information system
-Set of interrelated components
-Collect, process, store, and distribute information -Support decision making,
coordination, and control
~Information vs. data
-Data are streams of raw facts
-Information is data shaped into meaningful form