Module 1 - MBA 703 (Sadhya) || with 100% Accurate
Solutions.
Information system definition correct answers An information system (IS) can be defined
technically as a set of interrelated components that collect, process, store, and distribute
information to support decision making and control in an organization
Information systems are combinations of hardware, software, and telecommunications networks
that people build and use to collect, create, and distribute useful data, typically in organizational
settings
Information systems are interrelated components working together to collect, process, store, and
disseminate information to support decision making, coordination, control, analysis, and
visualization in an organization
2 important components of in IS? correct answers 1. the components that make up an
information system and
2. the role those components play in an organization
5 major components of IS correct answers 1. Hardware
2. Software
3. Data
4. People
5. Processes
Which 3 of the 5 major components of IS are considered technology? correct answers 1.
hardware
2. Software
3. data
Technology definition correct answers the application of scientific knowledge for practical
purposes
Hardware definition correct answers the tangible, physical portion of an information system
Examples: Computers, keyboards, disk drives, and flash drives
Software definition correct answers The set of instructions that tell the hardware what to do,
intangible (cannot be touched)
Two main categories of software correct answers 1. Operating system software = makes the
hardware for usable (ex: Microsoft Windows and Google's Android)
2. Application software = which does something useful for ex: Microsoft excel or Angry birds
(apps)
, data definition (for this class) correct answers a collection of facts, intangible
Pieces of unrelated data are not very useful. But aggregated, indexed, and organized together into
a database, data can become a powerful tool for businesses.
What is a potential 6th component of IS? correct answers Networking communication
An information system can exist without the ability to communicate. However, in today's hyper-
connected world, it is an extremely rare computer that does not connect to another device or to
an e-network
Process definition correct answers a series of steps undertaken to achieve a desired outcome or
goal
The ultimate goal is to improve processes both internally and externally, enhancing interfaces
with suppliers and customers
What is the role of IS in a business? correct answers Components collect, store, organize, and
distribute data throughout the organization.
IS takes data and turn it into information, and then transform that information into organizational
knowledge
What are the key stages in computer development in business correct answers 1. Mainframe Era
- large, single organization, computing, Manufacturing Resources Planning (MRP)
2. PC Revolution - minicomputer
3. Client-server (LAN, email, ERP)
4. Internet, World Wide Web, E-Commerce (digital communication and increase security
threats)
5. Web 2.0 (interactive website development, blogging, social media, disintermediation)
6. Post-PC world
Enterprise Resource Planning (ERP) correct answers an application with a centralized database
that can be used to run a company's entire business
separate modules for accounting, finance, inventory, human resources, and many more,
Disintermediation correct answers the process of technology replacing a middleman in a
transaction
Hardware and software in the Mainframe Era correct answers Hardware: Terminals connected to
mainframe computer
Software: Custom-written MRP software
Hardware and software in the PC Revolution correct answers Hardware: IBM PC or compatible.
Sometimes connected to mainframe computer via network interface card.
