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CSCI final exam Study Guide Solutions

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CSCI final exam Study Guide Solutions Information Systems are how business is done. - ANSWER-true The definition for Information systems: They are interrelated components that - ANSWER-Support decision making, coordination, control, analysis, and visualization Please select the four interrelate...

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  • November 10, 2024
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CSCI final exam Study Guide Solutions


Information Systems are how business is done. - ANSWER✔✔-true


The definition for Information systems: They are interrelated components that - ANSWER✔✔-Support

decision making, coordination, control, analysis, and visualization


Please select the four interrelated IS Trends that greatly improved business capability in the last 3-5

years. - ANSWER✔✔-Pervasive Network Connectivity


Data Science


The proliferation of Mobile Devices


Cloud Computing


Information Systems Enable Business through: - ANSWER✔✔-Business process automation


Customer engagement


Productivity


Decision making


Communications


Uber, AirbNb, and GrubHub are all examples of companies with this type of business model. -

ANSWER✔✔-Network Orchestration


What technologies were present in the "Future of Farming" video? - ANSWER✔✔-Robotics



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Drones


Self-driving vehcles


Data Analytics


Performing a SWOT analysis may help a company understand that more investment is needed in

information systems. - ANSWER✔✔-True


An Income Statement is like a banking balance, or your cumulative GPA. It does not reset at the

beginning of each year. - ANSWER✔✔-False


Vision Statement - ANSWER✔✔-Describes an organization as it would appear in the future successful

state


Mission Statement - ANSWER✔✔-Explains the organization's reason for existence


Describes what an organization believes in and how it will behave - ANSWER✔✔-Value Statement


When leveraging information systems: - ANSWER✔✔-IS should complement / enable the company's

strategy, mission/purpose




IS can benefit small, medium, and large businesses




IS utilization should be based upon need




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The company must be able to sustain and support the information systems that it uses. $$$ and

capability


The Balance Sheet is a fundamental accounting document that provides an overview (snapshot) of a

company's assets, liabilities, and equity. - ANSWER✔✔-True


If two competing products are offered by two different companies, the cheapest product will always

have a competitive advantage. - ANSWER✔✔-False


Enterprise Information Systems supports the entire process, not just one part of the process. -

ANSWER✔✔-True


Select all the challenges of implementing ERP that were discussed in class. - ANSWER✔✔-Costly


Does not guarantee success


Data Migration


IS capabilities can influence business value - ANSWER✔✔-True


SAP is an example of an Enterprise Information System - ANSWER✔✔-True


Enterprise Information Systems - ANSWER✔✔-Encapsulate end to end business processes




Supports the entire process




Provides cross-functional support




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