Mid-term test - Introduction To Business
Information systems questions with
actual answers.
A wide area network (WAN) ANS - is covers a much wider geographical area, across several sites,
localities or even countries.
The evolving workplace- Enhancing communication ANS - Blogs, Wiki, Instant messaging, virtual worlds
RSS, Media sharing, Social bookmarking, Social networking and Mashup.
Describes Alvin Toffler: The 3 Waves of Change ANS - First wave: A civilization based on agriculture and
handwork. Relatively primitive
stage.
Second wave: The Industrial Revolution. A new organization of work known as the factory system,
which entailed increased division of labour and specialization of function. Workers acquired new and
distinctive skills, and their relation to their tasks shifted; instead of being craftsmen working with hand
tools, they became machine operators, subject to factory discipline.
Third wave: The Information Age, Information becomes the currency. Information is now as important
as land, labor, and capital resources.
Digitalization ANS - Conversion of analog information in any form (text, photograph, voice, etc. ) to
digital form so that the information can be processed, stored and transmitted through digital circuits
and networks. Easy to replicate at low cost and Instant delivery.
Network computing ANS - Enables computers to connect to other computers & other electronic devices
via telecommunication networks. Users may be connected via wireless networks to public network-
Internet; Intranets (within organizations only); & connections to business partners (Extranets
Five IT Megatrends in the information age ANS - • Mobile
• Social media - collaboration and connect with customers
,• Big Data: everything we do is increasingly leaving a digital trace (or data), which we (and others) can
use and analyze
• Cloud computing: is a way to allocate resources much like a utility sells power. Resources are used
"on-demand," as needed, Customers only pay for what they consume. Resources can be rapidly
allocated and reallocated without install,
• Internet of things- Sensors embedded in physical objects are linked through wired and wireless
networks, often using the same Internet Protocol (IP) that connects the Internet such as smart cities.
Evolution Of Globalization ANS - • Economic changes: - International trade, global financial system,
currency, and outsourcing of labor.
• Cultural changes:- multicultulatism, turism, immigration
• Technological changes: - low cost communication technologies such as email, skype,
telecommunication infrastructure and global patent and copyright laws.
Friedman's The Three Great Eras of Globalization ANS - • 1492 - 1820 Globalization 1.0 - Exploration
and colonization drive success. Countries think globally to thrive
• 2000 Globalization 2.0 - Collaboration between international companies, Companies must think
globally to survive
• 2000 - Present Globalization 3.0 - Individuals and small groups globalize. Driven by diverse group
comprised of all nationalities
Disruption to the existing business
Reshuffling of organizational boundaries
Emergence of new business models ANS - Kodak vs Instagram
Flat networked structure: Delayering (whole layers of middle management removed) and
decentralization. The gap between consumers and producer's blurs
What is an Information System? ANS - o Set of interrelated components
o Collect, process, store, and distribute information
o Support decision making, coordination, and control
, o Five components Computer hardware; software; data; telecommunication networks; and people
What does the information system provide and who are the environmental actors ANS - An information
system provides information about an organization and its surrounding environment
What are the three basic IS activities and what is feedback ANS - Three basic activities—input,
processing, and output—produce the information organizations need. Feedback is output returned to
appropriate people or activities in the organization to evaluate and refine the input.
The components of Information Systems ANS - • Hardware—CPU, disk drives, monitors, keyboards, and
so on
• Software—provide hardware with processing instructions
• Telecommunications networks—allow computers to share information and services
• Data
• People
Information Chain ANS - o Data is raw symbols just as words and numbers.
o Information is when data can be formatted, organized, or processed to be useful: it is transformed into
information which can be defined as a representation of reality.
o Knowledge is the ability to understand information, form opinions, and make decisions or predictions
based on the information.
What is Transaction Processing Systems(TPS) ANS - TPS monitors, collects, stores, processes, &
disseminates information for all routine core business transactions. Serve operational managers and
staff, Perform and record daily routine transactions necessary to conduct business
Different Management groups in a business - ANS - Executive level, managerial level and operational
level.
Executive-level managers ANS - Aggregate summaries of past organizational data and projections of the
future
Information systems questions with
actual answers.
A wide area network (WAN) ANS - is covers a much wider geographical area, across several sites,
localities or even countries.
The evolving workplace- Enhancing communication ANS - Blogs, Wiki, Instant messaging, virtual worlds
RSS, Media sharing, Social bookmarking, Social networking and Mashup.
Describes Alvin Toffler: The 3 Waves of Change ANS - First wave: A civilization based on agriculture and
handwork. Relatively primitive
stage.
Second wave: The Industrial Revolution. A new organization of work known as the factory system,
which entailed increased division of labour and specialization of function. Workers acquired new and
distinctive skills, and their relation to their tasks shifted; instead of being craftsmen working with hand
tools, they became machine operators, subject to factory discipline.
Third wave: The Information Age, Information becomes the currency. Information is now as important
as land, labor, and capital resources.
Digitalization ANS - Conversion of analog information in any form (text, photograph, voice, etc. ) to
digital form so that the information can be processed, stored and transmitted through digital circuits
and networks. Easy to replicate at low cost and Instant delivery.
Network computing ANS - Enables computers to connect to other computers & other electronic devices
via telecommunication networks. Users may be connected via wireless networks to public network-
Internet; Intranets (within organizations only); & connections to business partners (Extranets
Five IT Megatrends in the information age ANS - • Mobile
• Social media - collaboration and connect with customers
,• Big Data: everything we do is increasingly leaving a digital trace (or data), which we (and others) can
use and analyze
• Cloud computing: is a way to allocate resources much like a utility sells power. Resources are used
"on-demand," as needed, Customers only pay for what they consume. Resources can be rapidly
allocated and reallocated without install,
• Internet of things- Sensors embedded in physical objects are linked through wired and wireless
networks, often using the same Internet Protocol (IP) that connects the Internet such as smart cities.
Evolution Of Globalization ANS - • Economic changes: - International trade, global financial system,
currency, and outsourcing of labor.
• Cultural changes:- multicultulatism, turism, immigration
• Technological changes: - low cost communication technologies such as email, skype,
telecommunication infrastructure and global patent and copyright laws.
Friedman's The Three Great Eras of Globalization ANS - • 1492 - 1820 Globalization 1.0 - Exploration
and colonization drive success. Countries think globally to thrive
• 2000 Globalization 2.0 - Collaboration between international companies, Companies must think
globally to survive
• 2000 - Present Globalization 3.0 - Individuals and small groups globalize. Driven by diverse group
comprised of all nationalities
Disruption to the existing business
Reshuffling of organizational boundaries
Emergence of new business models ANS - Kodak vs Instagram
Flat networked structure: Delayering (whole layers of middle management removed) and
decentralization. The gap between consumers and producer's blurs
What is an Information System? ANS - o Set of interrelated components
o Collect, process, store, and distribute information
o Support decision making, coordination, and control
, o Five components Computer hardware; software; data; telecommunication networks; and people
What does the information system provide and who are the environmental actors ANS - An information
system provides information about an organization and its surrounding environment
What are the three basic IS activities and what is feedback ANS - Three basic activities—input,
processing, and output—produce the information organizations need. Feedback is output returned to
appropriate people or activities in the organization to evaluate and refine the input.
The components of Information Systems ANS - • Hardware—CPU, disk drives, monitors, keyboards, and
so on
• Software—provide hardware with processing instructions
• Telecommunications networks—allow computers to share information and services
• Data
• People
Information Chain ANS - o Data is raw symbols just as words and numbers.
o Information is when data can be formatted, organized, or processed to be useful: it is transformed into
information which can be defined as a representation of reality.
o Knowledge is the ability to understand information, form opinions, and make decisions or predictions
based on the information.
What is Transaction Processing Systems(TPS) ANS - TPS monitors, collects, stores, processes, &
disseminates information for all routine core business transactions. Serve operational managers and
staff, Perform and record daily routine transactions necessary to conduct business
Different Management groups in a business - ANS - Executive level, managerial level and operational
level.
Executive-level managers ANS - Aggregate summaries of past organizational data and projections of the
future
