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ISQS-2340 Unit 1 Exam Questions and Answers with Verified Solutions
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ISQS-2340 Unit 1 Exam Questions and Answers with Verified Solutions
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ISQS-2340 Unit 1 Exam Questions and Answers withVerified Solutions
Where does IT fit within business? - ANSWER 1. To ensure security and
compliance
2. To increase efficiency and productivity
3. To gain a competitive advantage
Change and ensuring successful IT projects with a BDN? - ANSWER
BDN(benefit dependency network) helps map all the changes that they require to
make if the expected benefits and outcomes are going to be delivered.
Exchange transactions are the basis for what? - ANSWER Firms, Industries, and
Economies
What are some of the uncertainties that prevent exchange transactions from
happening? - ANSWER Information uncertainty- there isn't any perfect info
Relational uncertainty- opportunistic behaviors amongst others
Resource uncertainty- finite resources
How can IT applications reduce the 3 uncertainties - ANSWER Information
uncertainty- ERP (Enterprise Resource Planning), CRM (Customer Relationship
Management), and SCM (Supply Chain Management).
Relational uncertainty- Customer Reviews
Resource uncertainty- multi-use IT, 3D printing
, Bell's Law - ANSWER New class of computers establishes a new industry each
decade. New platforms, programming environments, industries, networks, and
information systems.
Moore's Law - ANSWER The number of transistors per square inch on an
integrated chip doubles every 18-24 months. (True for CPUs, but not GPUs.)
Metcalfe's Law - ANSWER More digital devices are being connected together.
Likewise, the value of digital and social networks is increasing exponentially
Nielsen's Law - ANSWER Network connection speeds for high-end users will
increase by 50 percent per year.
Kryder's Law - ANSWER Storage capacity is increasing exponentially. The cost
of storing data is approaching zero.
What are the IS components of a computer? - ANSWER Hardware, software,
data, procedure/process, people
Hardware - ANSWER the physical parts of a computer
Software - ANSWER A program or instructions that give directions to the
computer.
Data - ANSWER a collection of facts
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