Management 366 Question and answers rated A+ 2024/2025
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Course
SMGT 366
Institution
SMGT 366
Management 366 Question and answers rated A+ 2024/2025 Management 366 - Exam 1 - Russell Boyer
System - correct answer A group of systems that interact to achieve some purpose
Information age - correct answer Information and data are also drivers for business
Digital revolution - corr...
Management 366 - Exam 1 - Russell
Boyer
System - correct answer ✔A group of systems that interact to achieve some
purpose
Information age - correct answer ✔Information and data are also drivers for
business
Digital revolution - correct answer ✔from mechanical/analog devices to
digital devices
Accurate, timely, relevant, barely sufficient and worth its cost - correct answer
✔Quality information is
Bells Law - correct answer ✔This law states a new class of computers
establishes a new industry each decade
Metcalfes Law - correct answer ✔This law states the value of a network is
equal to the square of the number of users connected to it (data
communication law)
Network Effect - correct answer ✔A network is more valuable the more
computers that are connected to it
Moores Law - correct answer ✔The number of transistors per square inch on
an integrated chip doubles every 18 months (data processing law)
, Kryders Law - correct answer ✔The storage density on magnetic disks is
increasing at an exponential rate (data storage law)
Nielsens Law - correct answer ✔network connection speeds for high-end
users will increase by 50% per year
Kryders, Moores and Metcalfes - correct answer ✔Which laws are driving the
cost of data processing, storage and communication down significantly
Information Technology - correct answer ✔The products, methods,
inventions, and standards used for producing information
Outsourcing - correct answer ✔the process of hiring another organization to
perform a service
Management Information Systems - correct answer ✔The management and
use of information systems that help organizations achieve their strategies
Information Systems - correct answer ✔a group of Hardware, Software,
Data, Procedure and People components that interacts to produce information
Hardware and Software - correct answer ✔Which part of the information
systems is the computer side?
Procedures and People - correct answer ✔Which part of the information
systems is the people side?
Abstract reasoning - correct answer ✔ability to make and manipulate
models, learn to use and construct abstract models
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