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Exam (elaborations)

COMM 226 Final questions with complete solutions.

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COMM 226 Final questions with complete solutions.

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COMM 226 Final questions with complete solutions


Moore's Law

The number of transistors per square inch on an integrated chip doubles every 18 months

3 Key Elements of MIS

- Processes
- Information Systems
- Information

Porter's 5 Forces

1. Competitive Rivalry
2. Threat of New Entrants
3. Bargaining Power of Suppliers
4. Bargaining Power of Buyers
5. Threat of Substitutions

Competitive Rivarly

- Intensity of competition
- Industry Growth Rate

Threat of New Entrants

- Barriers to entry
- Economies of Scale
- Brand Loyalty
- Capital Requirement

Bargaining Power of Suppliers

- Number of suppliers (the fewer suppliers the more power they have)
- Uniqueness of supplies

Bargaining Power of Buyers

, - Buyer volume (higher volume=more power)
- More similar products give buyers more power

Threat of Substitutes

- Availability (more=higher threat)

Porter's 4 Competitive Strategies

Personal Area Network (PAN)

- Devices connected around a single person
- Bluetooth

Local Area Network (LAN)

- Devices connected around a single site
- Ethernet, wifi

Wide Area Network (WAN)

- Devices connected between multiple sites
- Connects LANs

Internet

- Network of networks

Intranet

Private internet used exclusively within an organization

Three-Tier Architecture

A common way to organize and build software applications often used in web development
- User Tier
- Server Tier
- Database Tier

User Tier

Interface for users (Ex. browsers)

Server Tier

Contains the application's logic and processes

Database Tier

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