Cmis 526 - Study guides, Class notes & Summaries

CMIS 526 Exam 1 - Textbook Questions With Correct Answers Solved 100%!!

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globalization - ANSWER the integration of economies throughout the world enabled by innovation and technological progress globalization has allowed for 3 main things: - ANSWER economic changes cultural changes technological changes economic changes brought on by globalization - ANSWER increased international trade development of global financial systems and currency the outsourcing of labor

Emergence of the Digital World - Answer •The proliferation of mobile devices such as smart phones, tablets, and iPads are all around us •Changes in technology enables new ways of working and socializing •Boundaries between work and leisure time are blurring

hat does it mean to make the business case? Correct Ans Making the case is a process of identifying, quantifying, and presenting the value provided by a system. How does a manager make a business case? Correct Ans Managers have to build a strong, integrated set of arguments and evidence to prove that an investment is adding value to the organization or its constituents.

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What is the purpose of "the business case"? - Answer Explain to a business why a project should be pursued, and why it should be considered over its alternatives. What are the components of the business case? - Answer Fact: The true numbers/details of a business case; what you know is true. Faith: Information in a business case that you feel strongly about; willing to put your faith/the integrity of your job on this belief

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globalization Correct Ans the integration of economies throughout the world enabled by innovation and technological progress globalization has allowed for 3 main things: Correct Ans economic changes cultural changes technological changes

Business Intelligence (BI) - Answer a broad category of applications, technologies, and processes for gathering, storing, accessing, and analyzing data to help business users make better decisions data-driven organizations - Answer organizations that make decisions that can be backed up with verifiable data structured data - Answer Data that (1) are typically numeric or categorical; (2) can be organized and formatted in a way that is easy for computers to read, organize, and understand; a...