EVALUATION TEST 2026 PRACTICE
QUESTIONS AND ANSWERS VERIFIED
●● Digital Revolution.
Answer: Shift from mechanical/analog technology to digital technology
●● Moore's Law.
Answer: Processing power doubles about every 18 months
●● Metcalfe's Law.
Answer: Network value equals the square of the number of users (V =
U^2)
●● Nielsen's Law.
Answer: Network connection speeds increase about 50% per year
●● Kryder's Law.
Answer: Storage density increases exponentially over time
●● Goal of MIS.
, Answer: Use information systems to support business strategy and make
money
●● Five Components of an IS.
Answer: Hardware, Software, Data, Procedures, People
●● Information Technology (IT).
Answer: Hardware, software, and data components
●● Information System (IS).
Answer: IT plus procedures and people
●● Porter's Five Forces.
Answer: Substitutes, New entrants, Rivalry, Supplier power, Customer
power
●● Threat of Substitutes.
Answer: Customers can switch to alternative products
●● Threat of New Entrants.
Answer: New competitors can easily enter the market
●● Rivalry.