M1 M2 Most Missed Questions

Question 1

What percent of IS budgets do firms spend on creating new systems as opposed to keeping existing systems running?

Answer 1

20-30%

Question 2

How does the use of an API increase the efficiency of a firm’s business processes

Answer 2

Making it easier to call a standardized function of a service to be performed

Question 3

According to the readings about Netflix, the decrease in the churn rate for Netflix means

Answer 3

Netflix’s production of original content persuaded more customers to keep the service instead of dropping it

Question 4

Which two components of an information system interact together to create systemic effects?

Answer 4

The social and technical components

Question 5

What does the social component of an information system involve

Answer 5

Organizational hierarchy, culture, and relationship among people involved

Question 6

Can bookmark a particular place in a specific file

Answer 6

URLs