IS 301 Mid Term Exam Questions and Correct
Answers.
According to Moore's Law, the ________
number of transistors per square inch on an integrated chip doubles every 18 months
The ________ component in the five-component model of information systems is
considered a bridge that connects the computer side and the human side
data
Which of the following pairs of components constitutes the human side of information
systems?
people and procedures
Which of the following is considered as information rather than mere data?
the return on investment of an advertising campaign
Which of the following is a common description of information?
knowledge derived from data
Which of the following best describes data?
recorded facts or figures
A furniture manufacturer keeps details of its current inventory including weight, quantity,
and price. These details can be called ________.
data
Which of the following is a critical characteristic of good information?
accuracy
Which of the following is the least critical aspect of good information?
additional data
, A good information system is one that provides the users with more information than what
is required.
False
Which of the following factors determines the structure, features, and functions of an
information system used in a company?
the competitive strategy
Competitive strategy determines all of the following except ________.
the company's PE ratio
An organization's goals and objectives are determined by its competitive strategy
True
Porter's five forces model is used to assess ________.
industry structure
According to Porter's five forces model, which of the following firms would be least
affected by the threat of substitutes?
a firm that sells the only drug for a disease
The streamlining of business processes to reduce costs is key to competitive strategy.
True
Locking in customers by making it difficult or expensive for customers to move to another
product is called establishing high ________.
switching costs
A large software manufacturer attempts to lock in customers by making it difficult for
them to substitute their software with one from another company. The strategy used by the
company is referred to as ________.
switching costs strategy
Answers.
According to Moore's Law, the ________
number of transistors per square inch on an integrated chip doubles every 18 months
The ________ component in the five-component model of information systems is
considered a bridge that connects the computer side and the human side
data
Which of the following pairs of components constitutes the human side of information
systems?
people and procedures
Which of the following is considered as information rather than mere data?
the return on investment of an advertising campaign
Which of the following is a common description of information?
knowledge derived from data
Which of the following best describes data?
recorded facts or figures
A furniture manufacturer keeps details of its current inventory including weight, quantity,
and price. These details can be called ________.
data
Which of the following is a critical characteristic of good information?
accuracy
Which of the following is the least critical aspect of good information?
additional data
, A good information system is one that provides the users with more information than what
is required.
False
Which of the following factors determines the structure, features, and functions of an
information system used in a company?
the competitive strategy
Competitive strategy determines all of the following except ________.
the company's PE ratio
An organization's goals and objectives are determined by its competitive strategy
True
Porter's five forces model is used to assess ________.
industry structure
According to Porter's five forces model, which of the following firms would be least
affected by the threat of substitutes?
a firm that sells the only drug for a disease
The streamlining of business processes to reduce costs is key to competitive strategy.
True
Locking in customers by making it difficult or expensive for customers to move to another
product is called establishing high ________.
switching costs
A large software manufacturer attempts to lock in customers by making it difficult for
them to substitute their software with one from another company. The strategy used by the
company is referred to as ________.
switching costs strategy
