BUS 188 Midterm Exam With 100%
Correct And Verified Answers
What are the 5 components of a MIS? -
Correct Answer--Hardware
-Software
-Data
-Procedures
-People
Which of the 5 components are considered
IT? - Correct Answer--Hardware
-Software
-Data
Of the 5 components, which are harder to
change? - Correct Answer--People
-Procedures
What are the 4 skills Robert Reich thinks you
need? - Correct Answer--Abstract Reasoning
(ability to model must be able to understand
the context, the business processes, the
human side; ER diagrams)
-Systems Thinking (connecting the dots, tools
available for data analysis)
-Collaboration (getting buy in, synergies)
-Ability to Experiment (envisioning and
evaluating possibilities)
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, UN Global Change, which skill does it
represent being applied? - Correct Answer-
Systems Thinking
Which skill corresponds to analyzing an
industry with Porter's 5 forces? - Correct
Answer-Abstract Thinking
Which skill corresponds to creating an entity-
relationship diagram for a database? -
Correct Answer-Systems Thinking
What is information? What is the relationship
to data? - Correct Answer--Information
conveys meaning to users, aka processed data
(output)
-Data (input) is a collection of unprocessed
items, which can include texts, numbers, and
images, which are processed into
information.
What are the important characteristics of
data? - Correct Answer--Accurate
-Timely
-Relevant
-Barely Sufficient
-Worth its Cost
What is Moore's Law? - Correct Answer-the
observation that, over the history of
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