Business Systems (BUS 188) Exam 1 With
100% Correct And Verified Answers
The importance of MIS - Correct Answer-future business
professionals need to be able to assess, evaluate, and apply
emerging information technology to business
Four Industrial Revolutions - Correct Answer-1st Industrial
Revolution: steam-powered engines transformed an agricultural
society
2nd: harnessed electricity and introduced mass production
3rd: powered by computing to enter the digital age
4th: the MOST DISRUPTIVE; AI, robots, internet of things,
autonomous vehicles...
Fundamental laws changing technology - Correct Answer-Bell's
Moore's
Kryder's
Metcalfe's
Nielson's
Implication of the five laws on the market
Bell's law - Correct Answer-a new computer class forms roughly
each decade establishing a new industry
Moore's law - Correct Answer-the observation that computing
power roughly doubles every two years.
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, Metcalfe's law - Correct Answer-the value of a network is equal to
the square of the number of users connected to it
Kryder's law - Correct Answer-the storage density on magnetic
disks is increasing at an exponential rate
Nielson's Law - Correct Answer-network connection speeds for
high-end users will increase by 50% per year
Implication of the five laws on the market - Correct Answer-
How/why can I attain job security? - Correct Answer-By
developing strong non-routine cognitive skills
Marketable skills: routine vs. non-routine cognative skills - Correct
Answer-Routine skills can be taken over by computers that steal
your job
Having non-routine cognitive skills will keep you from having a
machine take your job
Non-routine cognitive skills - Correct Answer-abstract reasoning,
systems thinking, collaboration, ability to experiment
abstract reasoning - Correct Answer-the ability to make and
manipulate models
Systems Thinking - Correct Answer-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
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