COB 204 JMU Test #1 Questions And
Answers 2025/2026 Updated.
Business professionals need to... - Answer -Take active role to ensure systems meet their
needs.
-Understand how information systems (IS) are constructed.
-Consider users' needs during development.
-Learn how to use IS.
-Don't forget security and backups.
Information Technology (IT) - Answer -The products, methods, inventions, and standards
used for the purpose of producing information
- components = Hardware + Software + Data
Information System (IS) - Answer components = Hardware + Software + Data + Procedures +
People
Management information systems (MIS) - Answer -The management and use of information
systems that help organizations achieve their strategies
Difference Between IT and IS - Answer IS = IT + Procedures + People
The IS Five-Component Model - Answer
Characteristics of the Five Components - Answer •Most Important Component - YOU!
-Your cognitive skills determine quality of your thinking, ability to conceive information from
data.
-You add value to information and information systems.
•Only humans produce information.
•All components must work together.
Defining Information - Answer Knowledge derived from data.
, - just sufficient
- worth its cost
Goldilocks Principle - Answer •Right information to the
•Right people at the
•Right time
•For a reasonable cost
The Digital Revolution - Answer -From mechanical/analog devices to digital devices.
Information Age - Answer -Production, distribution, control of information primary economic
drivers.
Five Technology "Laws" - Answer -Bell's, Moore's, Metcalfe's, Neilsen's, & Kryder's
Bell's Law - Answer - Today's highly successful business could be bankrupt quickly because
technology changed and it didn't.
- "A new computer class forms roughly each decade establishing a new industry."
Implications: Digital devices will evolve so quickly that they will enable new platforms,
programming environments, industries, networks, and information systems every 10 years
Moore's Law - Answer "The number of transistors per square inch on an integrated chip
doubles every 18 months."
Implications: Computers are getting exponentially faster.
The cost of data processing is approaching zero.
Metcalfe's Law - Answer "The value of a network is equal to the square of the number of
users connected to it."
Answers 2025/2026 Updated.
Business professionals need to... - Answer -Take active role to ensure systems meet their
needs.
-Understand how information systems (IS) are constructed.
-Consider users' needs during development.
-Learn how to use IS.
-Don't forget security and backups.
Information Technology (IT) - Answer -The products, methods, inventions, and standards
used for the purpose of producing information
- components = Hardware + Software + Data
Information System (IS) - Answer components = Hardware + Software + Data + Procedures +
People
Management information systems (MIS) - Answer -The management and use of information
systems that help organizations achieve their strategies
Difference Between IT and IS - Answer IS = IT + Procedures + People
The IS Five-Component Model - Answer
Characteristics of the Five Components - Answer •Most Important Component - YOU!
-Your cognitive skills determine quality of your thinking, ability to conceive information from
data.
-You add value to information and information systems.
•Only humans produce information.
•All components must work together.
Defining Information - Answer Knowledge derived from data.
, - just sufficient
- worth its cost
Goldilocks Principle - Answer •Right information to the
•Right people at the
•Right time
•For a reasonable cost
The Digital Revolution - Answer -From mechanical/analog devices to digital devices.
Information Age - Answer -Production, distribution, control of information primary economic
drivers.
Five Technology "Laws" - Answer -Bell's, Moore's, Metcalfe's, Neilsen's, & Kryder's
Bell's Law - Answer - Today's highly successful business could be bankrupt quickly because
technology changed and it didn't.
- "A new computer class forms roughly each decade establishing a new industry."
Implications: Digital devices will evolve so quickly that they will enable new platforms,
programming environments, industries, networks, and information systems every 10 years
Moore's Law - Answer "The number of transistors per square inch on an integrated chip
doubles every 18 months."
Implications: Computers are getting exponentially faster.
The cost of data processing is approaching zero.
Metcalfe's Law - Answer "The value of a network is equal to the square of the number of
users connected to it."
