Chapter 1: The Importance of MIS

Question 1

What are the five components of an Information System?

Answer 1

• Hardware
• Software
• Data
• Procedures
• People

These components work together to produce information.

Question 2

What does IT stand for in the context of Management Information Systems?

Answer 2

Information Technology

IT is crucial for the development of information systems.

Question 3

Fill in the blank: The goal of MIS is managing ______ to achieve business strategies.

Answer 3

Information Systems

This focuses on aligning information systems with business goals.

Question 4

What are the necessary data characteristics for quality information?

Answer 4

• Accurate
• Timely
• Relevant to context
• Relevant to subject
• Just barely sufficient
• Worth its cost

These characteristics ensure that information is useful and reliable.

Question 5

What law states that the number of transistors per square inch on an integrated chip doubles every 18 months?

Answer 5

Moore’s Law

This law indicates rapid advancements in computing power.

Question 6

What does Metcalfe’s Law state about the value of a network?

Answer 6

The value of a network is equal to the square of the number of users connected to it

This emphasizes the increasing value of connected devices.

Question 7

What is the impact of Nielsen’s Law on network connection speeds?

Answer 7

Network connection speeds for high-end users will increase by 50 percent per year

This trend enables the creation of new products and platforms.

Question 8

What is the definition of information?

Answer 8

Knowledge derived from data

Information is effectively processed data presented in a meaningful context.

Question 9

True or False: A graph is considered information.

Answer 9

False

A graph is data that can be used to conceive information.

Question 10

What skills will be marketable during your career according to the course?

Answer 10

• Strong non-routine cognitive skills
• Abstract reasoning
• Systems thinking
• Collaboration
• Experimentation

These skills are essential for adapting to rapid technological change.

Question 11

What are the two eras of the World Wide Web mentioned?

Answer 11

• Web 1.0 (1990s - early 2000s)
• Web 2.0 (early 2000s - today)

Each era is characterized by different user interactions and content creation capabilities.

Question 12

What is a key security measure for creating strong passwords?

Answer 12

Have at least 12 characters; 14 is even better

Longer passwords are generally more secure.

Question 13

Fill in the blank: Passwords should not contain your ______.

Answer 13

username, real name, or company name

This helps prevent easy guessing of passwords.