MSIS Exam UPDATED QUESTIONS AND
CORRECT ANSWERS
Information system - CORRECT ANSWER is a set of interrelated components
working together to collect, process, store, and disseminate information
Uses:
- Process fundamental transactions
- Communicate
- Analyze large amounts of data to detect trends
- Track costs and schedule progress
- Monitor results and recommend appropriate actions
Competitive advantage - CORRECT ANSWER - providing the same value as
competitors but at a lower price (cost leadership)
- charging higher prices for providing products that the customer perceives as being better
(differentiation)
- understanding and servicing a target market better than anyone else (focus)
Leavitt's Diamond - CORRECT ANSWER model is used to introduce new systems
into the workplace
- lower stress, encourage teamwork, and increase successful implementation
- four key components: People, technology infrastructure, processes, and structure
Technology infrastructure - CORRECT ANSWER includes all hardware, software,
databases, networks, facilities, and third-party services
Process - CORRECT ANSWER a structured set of related activities that takes input,
adds value, creates an output
, Procedure - CORRECT ANSWER defines steps to follow to achieve a specific end
result
Structure - CORRECT ANSWER defines relationships between organization members
Value chain - CORRECT ANSWER a series of activities to transform inputs into
outputs, The value of the input should increase
Supply chain - CORRECT ANSWER the connected chain of all of the business
entities, both internal and external to the company, that perform or support the logistics
function
Strategic planning - CORRECT ANSWER a process that helps leaders identify
initiatives and projects that will achieve organizational objectives, everything is in state of
flux
Information system roles - CORRECT ANSWER Chief information officer, software
developer, information systems security analyst, systems analyst, programmer, web
developer, business analyst
Five component model - CORRECT ANSWER hardware, software, data, procedures,
people
Anatomy of a Computer - CORRECT ANSWER CPU, I/O commands, I/O DEVICE,
data, MEMORY, data and instructions
Central processing unit (CPU) - CORRECT ANSWER the "brain" of the computer It
receives instructions and performs calculations or other actions based on those instructions
Memory - CORRECT ANSWER provides the processor with a working area to store
program instructions and data
CORRECT ANSWERS
Information system - CORRECT ANSWER is a set of interrelated components
working together to collect, process, store, and disseminate information
Uses:
- Process fundamental transactions
- Communicate
- Analyze large amounts of data to detect trends
- Track costs and schedule progress
- Monitor results and recommend appropriate actions
Competitive advantage - CORRECT ANSWER - providing the same value as
competitors but at a lower price (cost leadership)
- charging higher prices for providing products that the customer perceives as being better
(differentiation)
- understanding and servicing a target market better than anyone else (focus)
Leavitt's Diamond - CORRECT ANSWER model is used to introduce new systems
into the workplace
- lower stress, encourage teamwork, and increase successful implementation
- four key components: People, technology infrastructure, processes, and structure
Technology infrastructure - CORRECT ANSWER includes all hardware, software,
databases, networks, facilities, and third-party services
Process - CORRECT ANSWER a structured set of related activities that takes input,
adds value, creates an output
, Procedure - CORRECT ANSWER defines steps to follow to achieve a specific end
result
Structure - CORRECT ANSWER defines relationships between organization members
Value chain - CORRECT ANSWER a series of activities to transform inputs into
outputs, The value of the input should increase
Supply chain - CORRECT ANSWER the connected chain of all of the business
entities, both internal and external to the company, that perform or support the logistics
function
Strategic planning - CORRECT ANSWER a process that helps leaders identify
initiatives and projects that will achieve organizational objectives, everything is in state of
flux
Information system roles - CORRECT ANSWER Chief information officer, software
developer, information systems security analyst, systems analyst, programmer, web
developer, business analyst
Five component model - CORRECT ANSWER hardware, software, data, procedures,
people
Anatomy of a Computer - CORRECT ANSWER CPU, I/O commands, I/O DEVICE,
data, MEMORY, data and instructions
Central processing unit (CPU) - CORRECT ANSWER the "brain" of the computer It
receives instructions and performs calculations or other actions based on those instructions
Memory - CORRECT ANSWER provides the processor with a working area to store
program instructions and data
