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MIS 301 Midterm 1 Question and answers correctly solved 2024 $13.49   Add to cart
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MIS 301 Midterm 1 Question and answers correctly solved 2024

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MIS 301 Midterm 1 Question and answers correctly solved 2024 Moore's Law - correct answer The number of transistors per square inch on an integrated chip doubles every 18 months - cost of data communications and storage is basically zero compared to a few years ago How does one attain job se...

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  • August 27, 2024
  • 21
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • MIC 301
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MIS 301 Midterm 1
Moore's Law - correct answer ✔The number of transistors per square inch
on an integrated chip doubles every 18 months - cost of data communications
and storage is basically zero compared to a few years ago


How does one attain job security? - correct answer ✔Only job security is a
marketable skill and courage to use it


Any routine skill can and will be outsourced to lowest bidder


--> Develop strong non-routine cognitive skills


Examples of marketable skill - correct answer ✔Abstract reasoning


System thinking


Collaboration


Ability to experiment


Ability to experiment - correct answer ✔We dont make mistakes, we make
corrections or adjustments


Abstract reasoning - correct answer ✔Involves using models - ability to make
and minipulate models

,System thinking - correct answer ✔Ability to model system components,
connect input and outputs among components to reflect structure and
dynamics of observed system


Apply different systems to different situations


Collabortation - correct answer ✔Two or more people working together to
achieve common goal


What is an information system - Five component framework - correct answer
✔Hardware


Software


Data


Procedures


People


Goal of MIS - correct answer ✔Managing IS to achieve business strategies


Key elements of MIS - correct answer ✔Management and use


Information systems


Strategies

, Why do IS exist? - correct answer ✔To assist business people -
to help achieve business goals and objectives


IT components = - correct answer ✔= Hardware + software + data


IS = - correct answer ✔= IT + procedures + people


What does IT drive? - correct answer ✔Development of new information
systems


Professional password etiquette - correct answer ✔Never write down
password


Never ask someone for their password


Never give your password to someone


Move away so someone can enter password privately


Information Intensity - correct answer ✔The extent to which a product,
service, process, or relationship is comprised of information


Business process - correct answer ✔Network of activities for accomplishing
a business function


Ex: buying and managing inventory

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