Exam 1

Question 1

because of Moore’s Law

Answer 1

cost of data processing, communications, and storage, is essentially zero.

Question 2

abstract reasoning

Answer 2

is the ability to make and manipulate models

Question 3

systems thinking is

Answer 3

the ability to model the components of the system to connect the inputs and outputs among those components into a sensible whole that reflects the structure and dynamics of the phenomenon observed.

Question 4

why is mis important?

Answer 4

1. gives you the background you need to assess, evaluate, and apply emerging information systems technology to business.
2. it can give you job security
3. many mis- related jobs are available

Question 5

what is the five-component framework in an information system

Answer 5

computer hardware, 
software, 
data, 
procedures,
 and people

Question 6

what are necessary Data Characteristics?

Answer 6

Accurate
timely
Relevant
just sufficient
worth its cost

Question 7

key characteristics of collaboration?

Answer 7

feedback and iteration (continuing stages to produce)

Question 8

criteria for successful collaboration

Answer 8

successful outcome
growth in team capability
meaningful and satisfying experience

Question 9

what are the four primary purposes of collaboration?

Answer 9

become informed
make decisions
solve problems
manage projects

Question 10

what are the types of decisions

Answer 10

operational (day-today activities)
Managerial decisions (allocation and utilization of activities)
Strategic Decisions (support organizational issues)

Question 11

difference between structured and unstructured decision

Answer 11

structured decision making has an understood and accepted method for making the decision

Question 12

requirements for a collaboration information system

Answer 12

the five components

hardware, software, data, procedure, people

Question 13

difference between Synchronously and Asynchronous communication

Answer 13

Synchronous communication occurs when members meet at the same time. Asynchronous occurs when members do not meet at the same time.

Question 14

version control

Answer 14

directs user activity and involves one or more of the following
user activity limited by permission
document checkout
version histories
workflow control

Question 15

discussion formus

Answer 15

can be used for asynchronous communication

Question 16

what is the power curve

Answer 16

a graph that shows the relationship of the power (utility that one gains from a software product) as a function of the time using that product

Question 17

collaboration involves two types of data

Answer 17

project data- it is data part of the collaboration’s work product
project metadata- used to manage the project

Question 18

what is version management

Answer 18

tracks changes to documents and provides features and functions to accommodate concurrent work.

Question 19

How does organizational strategy determine information system structure?

Answer 19

organizations’s strategy

Question 20

five forces that determine industry structure

Answer 20

(five forces model)

1. Bargaining power of customers
2. threat of substitutions
3. bargaining power of suppliers
4. threat on new entrants
5. rivalry

Question 21

porter’s four competitive strategies

Answer 21

lowest cost industry wide (costco)
better products across the industry (apple)
lowest cost within an industry segment
better product within an industry segment

Question 22

what is value chain?

Answer 22

network of value-creating activities (primary and support activities)

Question 23

Primary activities include

Answer 23

inbound logistics
operations/manufacturing
outbound logistics
sales and marketing
customer service

Question 24

support activities

Answer 24

they contribute indirectly to the production, sale and service of the product

Question 25

how do IS provide competitive advantages?

Answer 25

by creating new products or enhancing or differentiating their products

by locking in customers and suppliers (high switching costs and barriers of entry)