IDSC 3001 EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
Application - Answers is computer software designed to carry out a specific task (email, search,
customer order).
Computer Science - Answers Research and development of technologies such as algorithms,
computation, hardware, communication and information theory, used in the building of hardware
and software.
Digital Asset - Answers Content which has been digitized and can be referenced or retrieved online,
(sales, employee experience, vendors).
Digital Transformation - Answers Involves integrating digital technologies and solutions into functional
area of a business. This is as much a cultural change as a technological one as it requires organizations
to make fundamental shifts in the ways they operate and how they deliver customer experiences and
benefits.
Disruptive Technology - Answers New technology that displaces an existing one.
Enterprise - Answers A unit of economic organization or activity. (business, government agency,
educational institution, non-profit organization).
Functions - Answers The activities carried out by an enterprise; they can be divided into core and
support . The primary ones are: marketing & sales, finance & accounting, operations, supply chain,
human resources, research & development.
Functional Users - Answers Individuals who carry out specific functions within an enterprise, (human
resources, finance, accounting, marketing and sales, operations).
Hardware - Answers The physical components of a computer including the keyboard, monitor, disk
drive, and internal chips and wiring. This is the counterpart of software.
Information Technology - Answers The use of computers to create, process, store, retrieve, and
exchange all kinds of data. This is typically used within the context of business operations.
Management Information Systems - Answers is an information system used for decision-making, and
for the coordination, control, analysis, and visualization of information in an organization. The study
of the this involves people, processes, and technology in an organizational context.
Software - Answers Any program (application) that performs a specific function. Examples: word
processing, spreadsheet calculations, email.
Agile - Answers refers to the idea of iterative development, where requirements and solutions evolve
through collaboration between self-organizing cross-functional teams.
Artificial Intelligence - Answers computer systems able to perform tasks that normally require
humans.
Competitive Advantage - Answers is the ability of an organization to outperform its competitors.
Democratization of Technology - Answers refers to the process by which access to technology rapidly
continues to become more accessible to more people.
Domain - Answers a specific area of technology where research, development, and innovation take
place.
Early Adopter - Answers an early customer / user of a given company, product, or technology.
End User - Answers a person who ultimately uses or is intended to ultimately use a product, service,
software, device.
Digital Framework / Strategy - Answers is the approach to remodeling the enterprise to incorporate
digital technology to achieve greater efficiencies and collaboration to improving delivery speed and
customer satisfaction.
Ideation - Answers is the creative process of generating, developing, and communicating new ideas.
Income Statement - Answers is one of the primary financial statements and shows the company's
revenues / sales (top) and expenses (bottom) during a particular period.
Silo Data - Answers refers to isolated inaccessible data within an enterprise's separate departments or
locations.
Strategic vs Operational - Answers corporate strategy involves answering a key question from a
portfolio perspective: "What business should we be in?". Operational strategy involves answering the
question: "How shall we compete in this business?
Application - Answers is computer software designed to carry out a specific task (email, search,
customer order).
Computer Science - Answers Research and development of technologies such as algorithms,
computation, hardware, communication and information theory, used in the building of hardware
and software.
Digital Asset - Answers Content which has been digitized and can be referenced or retrieved online,
(sales, employee experience, vendors).
Digital Transformation - Answers Involves integrating digital technologies and solutions into functional
area of a business. This is as much a cultural change as a technological one as it requires organizations
to make fundamental shifts in the ways they operate and how they deliver customer experiences and
benefits.
Disruptive Technology - Answers New technology that displaces an existing one.
Enterprise - Answers A unit of economic organization or activity. (business, government agency,
educational institution, non-profit organization).
Functions - Answers The activities carried out by an enterprise; they can be divided into core and
support . The primary ones are: marketing & sales, finance & accounting, operations, supply chain,
human resources, research & development.
Functional Users - Answers Individuals who carry out specific functions within an enterprise, (human
resources, finance, accounting, marketing and sales, operations).
Hardware - Answers The physical components of a computer including the keyboard, monitor, disk
drive, and internal chips and wiring. This is the counterpart of software.
Information Technology - Answers The use of computers to create, process, store, retrieve, and
exchange all kinds of data. This is typically used within the context of business operations.
Management Information Systems - Answers is an information system used for decision-making, and
for the coordination, control, analysis, and visualization of information in an organization. The study
of the this involves people, processes, and technology in an organizational context.
Software - Answers Any program (application) that performs a specific function. Examples: word
processing, spreadsheet calculations, email.
Agile - Answers refers to the idea of iterative development, where requirements and solutions evolve
through collaboration between self-organizing cross-functional teams.
Artificial Intelligence - Answers computer systems able to perform tasks that normally require
humans.
Competitive Advantage - Answers is the ability of an organization to outperform its competitors.
Democratization of Technology - Answers refers to the process by which access to technology rapidly
continues to become more accessible to more people.
Domain - Answers a specific area of technology where research, development, and innovation take
place.
Early Adopter - Answers an early customer / user of a given company, product, or technology.
End User - Answers a person who ultimately uses or is intended to ultimately use a product, service,
software, device.
Digital Framework / Strategy - Answers is the approach to remodeling the enterprise to incorporate
digital technology to achieve greater efficiencies and collaboration to improving delivery speed and
customer satisfaction.
Ideation - Answers is the creative process of generating, developing, and communicating new ideas.
Income Statement - Answers is one of the primary financial statements and shows the company's
revenues / sales (top) and expenses (bottom) during a particular period.
Silo Data - Answers refers to isolated inaccessible data within an enterprise's separate departments or
locations.
Strategic vs Operational - Answers corporate strategy involves answering a key question from a
portfolio perspective: "What business should we be in?". Operational strategy involves answering the
question: "How shall we compete in this business?
