bus 237- ch 1 questions || WELL-ENLIGHTENED
QUESTIONS WITH CORRECT ANSWERS!!
- Where does IT stand? correct answers - IT always supports businesses
What is IT/IS? correct answers IS is a combination of IT and people + procedures
- Information vs. Computer literarcy
- Data vs. information. IS is here to help
- Digital firm is using IT to recreate company. Every firm can be a digital (Tea Collection)
6 business objectives of information systems correct answers 1. Operational excellence
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival
Moore's Law correct answers the observation that computing power roughly doubles every
two years.
What Is an Information System? (LO 1)
List the components of an information system. Explain how
knowledge of these components guide Mateo Thomas and Joni
Campbell at Falcon Security correct answers - Hardware, software, data, processes, people.
They guide them because it is important to understand each
the component as it will allow them to know with what they are working with, what tool(s)
they are using to
accomplish their tasks, what tools they need or don't need and how best to structure their IS
to accomplish their jobs.
What Is MIS? (LO 2)
List the three elements of MIS. Why does a nontechnical
business professional need to understand all three? Why are
information systems developed? Why is part of the definition of
MIS misleading? correct answers MIS is creating and using information systems to
accomplish the goals and objectives of an organization.
Because understanding all three will help them to understand how their information system is
built that way they know some basic information about what their system needs; how they
should use it to get the results they need.
Information systems are developed because of the need for organizations to be able to be
effective and more effectively store, retrieve, organize data, making for a more efficient
organization, thereby increasing efficiency
How Does an IS Differ from IT? (LO 3)
Define IS and IT. Does IT include IS, or does IS include IT? Why
, does technology, by itself, not constitute an information system? correct answers IS is an
information system which consists of: hardware, software, data, processes, and people;
whereas IT is
embedded within IS and consists of the hardware, software, and data. The biggest difference
is the people factor which significantly influences how the IS is built
How Important Are Information Systems to Our Economy? (LO 4)
- What does ICT stand for?
- How important is ICT to the economy?
- Is the ICT sector growing faster than the Canadian
economy?
- Why are services of growing importance?
- How knowledge intensive is the ICT sector? What can an
employee in the ICT sector expect to earn? correct answers - Information and
Communications Technology.
- Very important as it supports all of the other sectors of the economy.
- Yes, it is growing at two times the rate of the Canadian economy.
- Because services are more needed as technology becomes a more significant part of each
business processes.
- Very knowledge intensive, in fact R&D consists of over half of their activities and more
than half of their staff have higher education, beyond high school compared to the rest of the
economy at about 1/3.
About 75,000 a year.
How Do Successful Business Professionals Use Information Systems? (LO 5)
- What new applications should a business professional be
familiar with?
- What combination of skills is of growing importance in the
economy?
- Can a business student work in the ICT sector? correct answers - A business professional
needs to familiarize themselves in mobile applications and other applications specifically
related to their career field.
- The combination of skills which will enable a professional to be experts in their fields and
also be familiar with the technologies which can influence their fields.
- No, they cannot, that is not their concentration.
What Is the Shape of Things to Come? (LO 6)
- Describe Moore's Law and the fundamental change that
technology can bring to an economy, an organization, and you. correct answers - Moore's
Law states that the amount of circuitry in a microchip double every year therefore it becomes
increasingly important to be able to adapt to technological changes that are to come as
technology becomes logarithmically more powerful
Applications correct answers Computer programs with a user interface
Computer hardware correct answers - One of the five fundamental components of an
information system
QUESTIONS WITH CORRECT ANSWERS!!
- Where does IT stand? correct answers - IT always supports businesses
What is IT/IS? correct answers IS is a combination of IT and people + procedures
- Information vs. Computer literarcy
- Data vs. information. IS is here to help
- Digital firm is using IT to recreate company. Every firm can be a digital (Tea Collection)
6 business objectives of information systems correct answers 1. Operational excellence
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival
Moore's Law correct answers the observation that computing power roughly doubles every
two years.
What Is an Information System? (LO 1)
List the components of an information system. Explain how
knowledge of these components guide Mateo Thomas and Joni
Campbell at Falcon Security correct answers - Hardware, software, data, processes, people.
They guide them because it is important to understand each
the component as it will allow them to know with what they are working with, what tool(s)
they are using to
accomplish their tasks, what tools they need or don't need and how best to structure their IS
to accomplish their jobs.
What Is MIS? (LO 2)
List the three elements of MIS. Why does a nontechnical
business professional need to understand all three? Why are
information systems developed? Why is part of the definition of
MIS misleading? correct answers MIS is creating and using information systems to
accomplish the goals and objectives of an organization.
Because understanding all three will help them to understand how their information system is
built that way they know some basic information about what their system needs; how they
should use it to get the results they need.
Information systems are developed because of the need for organizations to be able to be
effective and more effectively store, retrieve, organize data, making for a more efficient
organization, thereby increasing efficiency
How Does an IS Differ from IT? (LO 3)
Define IS and IT. Does IT include IS, or does IS include IT? Why
, does technology, by itself, not constitute an information system? correct answers IS is an
information system which consists of: hardware, software, data, processes, and people;
whereas IT is
embedded within IS and consists of the hardware, software, and data. The biggest difference
is the people factor which significantly influences how the IS is built
How Important Are Information Systems to Our Economy? (LO 4)
- What does ICT stand for?
- How important is ICT to the economy?
- Is the ICT sector growing faster than the Canadian
economy?
- Why are services of growing importance?
- How knowledge intensive is the ICT sector? What can an
employee in the ICT sector expect to earn? correct answers - Information and
Communications Technology.
- Very important as it supports all of the other sectors of the economy.
- Yes, it is growing at two times the rate of the Canadian economy.
- Because services are more needed as technology becomes a more significant part of each
business processes.
- Very knowledge intensive, in fact R&D consists of over half of their activities and more
than half of their staff have higher education, beyond high school compared to the rest of the
economy at about 1/3.
About 75,000 a year.
How Do Successful Business Professionals Use Information Systems? (LO 5)
- What new applications should a business professional be
familiar with?
- What combination of skills is of growing importance in the
economy?
- Can a business student work in the ICT sector? correct answers - A business professional
needs to familiarize themselves in mobile applications and other applications specifically
related to their career field.
- The combination of skills which will enable a professional to be experts in their fields and
also be familiar with the technologies which can influence their fields.
- No, they cannot, that is not their concentration.
What Is the Shape of Things to Come? (LO 6)
- Describe Moore's Law and the fundamental change that
technology can bring to an economy, an organization, and you. correct answers - Moore's
Law states that the amount of circuitry in a microchip double every year therefore it becomes
increasingly important to be able to adapt to technological changes that are to come as
technology becomes logarithmically more powerful
Applications correct answers Computer programs with a user interface
Computer hardware correct answers - One of the five fundamental components of an
information system
