Chapter 1 questions

Question 1

Why is introduction to MIS the most important class you’ll take in the business school?

Answer 1

• Because of Moore’s Law, the cost of data communications and data storage is essentially zero.
• Future business professionals need to be able to assess, evaluate, and apply emerging information technology to business
• It will give you the ultimate in job security, marketable skills, by helping you learn abstraction, systems thinking, collaboration, and experimentation.

Question 2

What is MIS?

Answer 2

The management and use of information systems that help businesses achieve their strategies.

Question 3

How can you use the five component model?

Answer 3

• Hardware and people are actors
• software and procedures are instructions
• Data is the bridge that spans the computer side and the human side.
• the goal of IS are to increase automation and move work from the human side to the computer side

Question 4

Why is the difference between information technology and information systems important?

Answer 4

• information technology refers to the products, methods, inventions, and standards that are used for the purpose of producing information. IT pertains to the hardware, software, and data components. In contract, an information system is an assembly of hardware, software, data, procedures, and people that produce information.
• You can buy IT, but you cannot buy IS

Question 5

What are necessary Data characteristics?

Answer 5

humans conceive information from data.

data has to be ACCURATE, TIMELY, RELEVANT, JUST BARELY SUFFICIENT, and WORTH ITS COST

Question 6

What is information?

Answer 6

• knowledge derived from data, where data is defined as recorded facts or figures.
• data presented in a meaningful context
• the fundamental idea of this definition is that we do something to data to produce information

Question 7

2022
How might Dell be a loser?
How might Microsoft be a loser in this environment?
How will universities be affected?

Answer 7

Technology:

• linking data about your every day life to a data collection system, such as a your heart rate, blood pressure, body mass index.
• You may get picked up by 911 staff when your pacemaker sends information to the hospital saying that you are having a heartattack.
• textbooks will be all electronic, allowing for the cost to be reduced from 140 to 40
• Dell might be a loser if the continue to only be producers of computers.
• Microsoft might be a loser if they cant figure out the surface problem
• traditional schools benefits will not outweigh the costs to attend in most cases