Information Technology Exam 1Questions And Answers Well Elaborated.

IS - correct answers Information System: Created when facts/date are put into meaningful and useful context What is in an Information System? - correct answers 1.Computor Hardware 2. Software 3. Data 4. Procedures 5. People Actors in IS - correct answers Hardware (Computer) People (Human) Instructions in IS - correct answers Software (Computer) Procedures (Human) Bridge in IS - correct answers Data IT - correct answers Information Technology: 1. Hardware 2. Software 3. Data Components Information Technology refers to - correct answers 1.Methods 2. Inventions 3. Standards 4. Products Moore's Law - correct answers The number of transistors per square inch on an integrated chip doubles every 18 months. -The speed of a computer cheap increases in proportion to the density of the transistors A Business Must - correct answers -Obtain Payments for its goods and services -Cover Costs -Make Profit Business Process - correct answers A network of activities, resources, facilities, and information that interact to achieve some business function Components of a Business Process - correct answers -Activities (transform resources/information of one type into recourses and information of another type) -Resources (items of value; customers, employees, distributors) -Facilities (structures used within resources) -Information (activities use information to know how to transform inputs/outputs) Good Information - correct answers 1.Accurate 2.Timely 3.Relevant to both context and subject 4.Sufficient 5.Worth its cost Egocentric Thinking - correct answers Centers on Self Empathetic Thinking - correct answers My view is one possible interpretation How Does Organizational Strategy Determine Information Systems Structure? - correct answers 1. Information systems exist to help organization achieves goals and objectives. 2. Goals and objectives determined by competitive strategy. 3. Competitive Strategy determines structures, features, and functions of every information system 4. Organizations examine industry structure to determine a competitive strategy. 5. Strategy determines value chains and business processes Competitive Strategy - correct answers 1. Broad Cost Leadership (across industry) 2. Narrow Cost Leadership (focusing on segment of industry) 3. Broad Differentiation (across industry) 4. Narrow Differentiation (segment) Value Chain - correct answers Value creating activities *primary activities *support activities Primary Activities in Value Chain - correct answers 1. Inbound logistics 2. Operations 3. Outbound Logistics 4. Marketing and Sales 5. Service Porter's Five Competitive Forces - correct answers 1. Rivalry 2. Threat of New Entrants 3.Threat of Substitutions 4.Bargaining Power of Suppliers 5. Bargaining Power of Customers Porter's Four Competitive Strategies - correct answers 1. Industry-Wide Cost 2. Industry-Wide Differentiation 3. Focus Differentiation Porter's Value Chain Model - correct answers (Activities) *Firm Infrastructure *Human Resources *Tech Department *Procurement (Primary Activities) *Inbound Logistics *Operations *Outbound Logistics *Marking and Sales *Service Porter's Chain is Used to - correct answers -Create integrated, cross-departmental business systems -Create new, more efficient processes rather than automating existing ones How do information systems provide competitive advantages? - correct answers Product Implementations-- 1. Create new products or services 2. Enhance products or services 3. Differentiate products or services System Implementations-- 4. Lock in costumers and buyers 5. Lock in suppliers 6. Raise barriers to market entry 7.Establish alliances 8.Reduce Costs Hardware - correct answers Central Processing Parts (Brain) A Computer Consists of - correct answers *CPU (Central Processing Unit) *Input/Output (I/O) Units *Main (primary) Memory (storage) *Auxiliary (Secondary) Storage Volitile - correct answers Works only with Power (Primary Memory) Logical Operations - correct answers True/False; User ID, Password, "and" "or" Operating System can be found on the - correct answers Hard Drive CPU - correct answers Brain; Most Important. *executes programs stored in main memory by fetching instructions, examining them & then executing them *contains logic of the machine Control Unit - correct answers [CPU] Fetches program instructions & supervises execution CPU Does - correct answers Control Unit; Arithmetic Logic; Registers BUS - correct answers any type of connection data travels on Main Memory; Generic Date Stores - correct answers date, application programs, original & computer date Basic Hardware Categories - correct answers IPOS- 1. input 2. processing 3. output 4. storage MICR - correct answers Magnetic Ink Character Readers RFID - correct answers Radio Frequency Identification Devise Registers - correct answers small very-high speed storage used to store temporary results & certain control information Cache - correct answers Extra Memory (next to CPU makes data travel faster) What would I store in a memory? - correct answers A.) Operating System B.) Data C.) Other Systems Magnetic and Optical Disks - correct answers Non-volatile Cache and Main Memory - correct answers Volatile RAM - correct answers Random Access Memory ROM - correct answers Read Only Memory Cloud Computing - correct answers Don't know/care where servers are Grid Computing - correct answers Network of computers operating as one computer