MOS 1033 Midterm Exam Questions And Complete
Answers 100% Solved
Digitalization - ANSWER process of digitizing/converting signals from analog into the digital
form.
Digital Transformation - ANSWER application and exploitation of digital technology to
radically rethink organizational business and operational models. Digital transformation is
underpinned by the redesign of existing organizational IS.
Digital Innovation - ANSWER the application of digital technologies by existing organization
to create new and improved products, processes, or services.
Digital Entrepreneurship - ANSWER the creation of new economic activities embodied in or
enabled by digital technologies
Firm's strategy - ANSWER represents the manner in which other organization intends to
achieve its objectives.
Cloud Computing - ANSWER The use of the Internet as a gateway for pooling IT resources. In
other words, applications or computational or storage components—the building blocks of IT
solutions, if you will—are offered online by a provider.
, Supply chain - ANSWER The set of upstream firms that produces and sells the resources that
an organization needs to perform its transformation process (e.g., raw materials, energy,
equipment).
External Environment - ANSWER The world outside the firm that creates influences, such as
regulation, the competitive landscape, and general business and social trends (e.g.,
outsourcing, customer self-service).
Information Systems (IS) - ANSWER A formal, sociotechnical, organizational system designed
to collect, process, store, and distribute information.
information technology (IT) - ANSWER Hardware, software, and telecommunication
equipment.
IT infrastructure - ANSWER The set of shared IT resources and services of the firm, forming a
firm's technological backbone, that constrains and enables opportunities for future
information systems implementations.
Systemic Effects - ANSWER The notion that the different components of a system are
interdependent and that change in one component affects all other components of the
system.
Big Data - ANSWER increasing volume, velocity, and variety of today's data, requiring
organizations to use new technology and a new management paradigm.
Answers 100% Solved
Digitalization - ANSWER process of digitizing/converting signals from analog into the digital
form.
Digital Transformation - ANSWER application and exploitation of digital technology to
radically rethink organizational business and operational models. Digital transformation is
underpinned by the redesign of existing organizational IS.
Digital Innovation - ANSWER the application of digital technologies by existing organization
to create new and improved products, processes, or services.
Digital Entrepreneurship - ANSWER the creation of new economic activities embodied in or
enabled by digital technologies
Firm's strategy - ANSWER represents the manner in which other organization intends to
achieve its objectives.
Cloud Computing - ANSWER The use of the Internet as a gateway for pooling IT resources. In
other words, applications or computational or storage components—the building blocks of IT
solutions, if you will—are offered online by a provider.
, Supply chain - ANSWER The set of upstream firms that produces and sells the resources that
an organization needs to perform its transformation process (e.g., raw materials, energy,
equipment).
External Environment - ANSWER The world outside the firm that creates influences, such as
regulation, the competitive landscape, and general business and social trends (e.g.,
outsourcing, customer self-service).
Information Systems (IS) - ANSWER A formal, sociotechnical, organizational system designed
to collect, process, store, and distribute information.
information technology (IT) - ANSWER Hardware, software, and telecommunication
equipment.
IT infrastructure - ANSWER The set of shared IT resources and services of the firm, forming a
firm's technological backbone, that constrains and enables opportunities for future
information systems implementations.
Systemic Effects - ANSWER The notion that the different components of a system are
interdependent and that change in one component affects all other components of the
system.
Big Data - ANSWER increasing volume, velocity, and variety of today's data, requiring
organizations to use new technology and a new management paradigm.
