INFORMATION TECHNOLOGY COURSE 2026/2027 | COMPLETE
MASTER REVIEW | GRADED A+ | 100% CORRECT | VERIFIED STUDY
SET FOR GUARANTEED SUCCESS | HIGH-YIELD CONCEPTS, IT
MANAGEMENT & SYSTEMS STRATEGY INSIGHTS FOR EXCELLENCE
Social Networking and interpersonal skills. - CORRECT ANSWER -
Enhances interpersonal and relationship-forming skills.
Porters 5 competitive forces - CORRECT ANSWER - Intensity competitive
rivalry
bargaining power of customers
bargaining power of suppliers
threat of new entrants
threat of substitutes
Network economics (network-based strategy) - CORRECT ANSWER - the
cost of adding another business participant to a business venture is small, the
potential gain is great.
Business ecosystems - CORRECT ANSWER - Network of businesses
involved in delivering a product through mutual cooperation.
Product differentiation (business strategy) - CORRECT ANSWER - offering a
higher quality product to differentiate from others in the market
Executive information system - CORRECT ANSWER - A system that
facilitates and supports senior managerial decisions.
Data - CORRECT ANSWER - Unorganized data that lacks meaning.
Information - CORRECT ANSWER - Data that has been organized in a
meaningful manner.
,Information system - CORRECT ANSWER - An integrated network of
components working together to convert data into useful information; includes
an input, a process, and an output; comprised of people, processes, machines,
and information technology.
Knowledge - CORRECT ANSWER - The practical application of information.
Data, Information, and Knowledge example - CORRECT ANSWER - Data:
The number of people below the poverty line in the region is 50,000.
Information: The number of people below the poverty line increases between
2010 and 2018.
Knowledge: The number of people below the poverty line has increased due to
stagnating wages and cuts to social programs.
Decision support system - CORRECT ANSWER - This system uses models
and statistical analysis to help decision makers solve problems
Management information system (MIS) - CORRECT ANSWER - Provides
timely and accurate information that enables managers to manage their
departments more efficiently; analyzes performance.
Transaction processing system - CORRECT ANSWER - information system
used for processing patient admissions, employee time cards, and purchase
orders
Information management - CORRECT ANSWER - The management of
organizational processes and systems; helps the organization reduce costs and
adds value to products; helps the organization make better managerial decisions;
stores and processes data.
,Information technology - CORRECT ANSWER - The use of computer and
telecommunications systems for storing, retrieving, and sending information;
comprised of hardware, software, data, and networks.
information technology management - CORRECT ANSWER - the
management of hardware, software, data, networks, and people that facilitate
access to information and allow the organization to achieve business objectives.
Strategic information system - CORRECT ANSWER - provide tools used by
an organization to accomplish specific tasks to gain competitive advantage.
growth (business strategy) - CORRECT ANSWER - adding new products or
new enhancements to existing products
Enterprise Resource Planning (ERP) - CORRECT ANSWER - Involves
utilizing computer technology to link various aspects of a business; a very
complex resource planning system that spans the entire business; companies
often have difficulty implementing the system.
Customer Relationship Management (CRM) - CORRECT ANSWER - Allows
for personalized communication to customers.
Knowledge Management (KM) - CORRECT ANSWER - These systems
provide tools to help manage organizational knowledge and create value to meet
business requirements and strategic goals.
chief executive officer (CEO) - CORRECT ANSWER - also called president
or managing director, is responsible for the success or failure of the company,
creating the company culture, selecting the senior management team, setting
strategy and vision, and selecting projects to fund.
, chief operations officer (COO) - CORRECT ANSWER - is the director of
operations, responsible for the oversight of internal operations on a day-to-day
basis and for monitoring production quotas
chief financial officer (CFO) - CORRECT ANSWER - manages the
company's cash flow and evaluates and communicates financial risks.
chief information officer (CIO) - CORRECT ANSWER - a business leader
who analyzes internal business processes such as payroll and billing, reshapes
the physical infrastructure and network purchases to meet business goals, and
leads the workforce to implement critical IT internal projects; responsible for
information systems strategic thinking and planning.
chief technology officer (CTO) - CORRECT ANSWER - has ultimate
responsibility for all technology implementation, maintaining technology
compliance regulations, and identifying technology risks for the company.
chief security officer (CSO) - CORRECT ANSWER - is the highest level
executive concerned with the overall security functions and policies of a
business.
Systems Analyst - CORRECT ANSWER - A change agent who uses design
and analysis techniques to solve organizational problems using information
technology; they report about system development and keep others informed;
should understand overall business processes; focuses on analysis, design, and
implementation
Information Security Analyst - CORRECT ANSWER - Their goal is to ensure
that data and systems are secure to prevent breaches.
Information Security - CORRECT ANSWER - The concept of protecting
valuable information assets.