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ISQS EXAM 1 – MITCHELL STUDY GUIDE-

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  • Course
  • ISQS 2340
  • Institution
  • ISQS 2340

ISQS EXAM 1 – MITCHELL STUDY GUIDE-

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  • November 20, 2024
  • 4
  • 2024/2025
  • Other
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  • ISQS 2340
  • ISQS 2340
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GEEKA
ISQS EXAM 1 – MITCHELL STUDY GUIDE

Business value with IT related concepts
Increases productivity, ensures security, gain competitive advantage
Ensuring successful projects with BDM
Benefit dependencies networks are a drawn out plan that shows how IT will create a
more successful business ( along with business changes)
Informational uncertainty
There is no perfect information
Relational uncertainty
Opportunistic behaviors among actors
Resource uncertainty
No unlimited resources
Application to reduce informational uncertainty
CRM, ERP
Application to reduce relational uncertainty
Buyer/seller ratings, online reviews
Application to reduce resource uncertainty
3D printing, server visualization
Moore's law
The number of transistors per square inch on an integrated chip doubles every 18
months
Metcalfe's law
The value of a network is equal to the square of the number of users connected to it
Neilsen's law
Network connection speeds for high-end users will increase by 50 percent per year
Kryder's law
The storage density on magnetic disks is increasing at an exponential rate
Bell's law

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