2024 MSM 6630 EXAM WITH
CORRECT ANSWERS
MIS Management Information Systems (MIS) - CORRECT-ANSWERSKey
elements:
1. Management and use.
2. Information systems.
3. Strategies.
Goal:
Managing IS to achieve business strategies.
It is the management and use of information systems that help organizations
achieve their strategies.
The field of management information systems requires skills in planning and
managing data, procedures, and people.
What Are Content Management Systems (CMS)? - CORRECT-ANSWERS-
Support management and delivery of documents, other expressions of
employee knowledge
Challenges of Content Management
Databases are huge
Content dynamic
Documents do not exist in isolation
Contents are perishable
In many languages
What are CMS Application Alternatives? - CORRECT-ANSWERS- In-house
custom
Customer support department develops in-house database applications to
track customer problems
- Off-the-shelf
Horizontal market products (SharePoint)
Vertical market applications
- Public search engine
Google
How Do Hyper-Social Organizations Manage Knowledge? - CORRECT-
ANSWERS- Hyper-social knowledge management
Application of social media and related applications for management and
delivery of organizational knowledge resources.
Hyper-organization theory
,Framework for understanding this new direction in KM.
Focus moves from knowledge and content per se to fostering authentic
relationships among creators and users of knowledge.
What Are the Alternatives for Publishing BI? - CORRECT-ANSWERS
Elements of a BI System - CORRECT-ANSWERS
2024? - CORRECT-ANSWERS- World generating and storing exponentially
more information.
- Information about customers, and data mining techniques going to get
better.
- Companies will know more about your purchasing habits and psyche.
- Social singularity - Machines will build their own information systems.
- Will machines possess and create information for themselves?
Guide: Data Mining in the Real World - CORRECT-ANSWERSProblems:
- Dirty data
- Missing values
- Lack of knowledge at start of project
- Over fitting
- Probabilistic
- Seasonality
- High risk - unknown outcome
Introduction to MIS is the most important class in today's Business School
programs because - CORRECT-ANSWERSstudying MIS will give you the
background you need to assess, evaluate, and apply emerging information
systems technology to business
The Digital Revolution - CORRECT-ANSWERSis the conversion from
mechanical and analog devices to digital devices. This shift to digital devices
meant monumental changes for companies, individuals, and our society as a
whole.
Management - CORRECT-ANSWERSThe key is to develop, maintain, and
adapt.
To create an information system that meets your needs, take an active role
in the system's development. Why?
Business professionals understand business needs and requirements.
5 components of an information system
,"The Five-Component Framework" - CORRECT-ANSWERShardware; software;
data; procedures; people
Gregory Bateson - CORRECT-ANSWERSA difference that makes a difference
is the definition OF INFORMATION was given by Gregory Bateson.
Information Technology (IT) - CORRECT-ANSWERSdrives development of new
information systems
Products
Methods
Inventions
Standards
________________ = Hardware + Software + Data.
is the term used to describe the products, methods, inventions, and
standards that are used for the purpose of producing information.
Information Systems - CORRECT-ANSWERSConsists of IT/data + procedures
+ people
Components that interact to produce information
Necessary data characteristics - CORRECT-ANSWERSaccurate
timely
relevant to context
relevant to subject
Just sufficient
Worth its cost
Immanuel Kant - CORRECT-ANSWERSCategorical imperative:
- One should behave only in a way that one would want the behavior to be a
universal law.
- Are you willing to publish your behavior to the world?
utilitarianism - CORRECT-ANSWERSthe morality of an act is determined by its
outcome. Acts are judged to be moral if they result in the greatest good to
the greatest number or if they maximize happiness and reduce suffering.
duty - CORRECT-ANSWERSNecessity to act in accordance with the
categorical imperative.
Perfect duty - behavior that must always be met. (Not lying)
, Imperfect duty - action that is praiseworthy, but not required according to
categorical imperative. (Giving to charity; developing your business skills and
abilities)
Data - CORRECT-ANSWERSIs the component of an information system that
serves as the bridge between the hardware and software (i.e., the computer
side) and the procedures and people (i.e., the human side) of the system.
information - CORRECT-ANSWERSis knowledge derived rom data
Systems thinking - CORRECT-ANSWERSis the ability to model system inputs
and outputs and describe how they relate to other systems.
Systems thinking is the ability to model the components of the system to
connect the inputs and outputs among those components into a sensible
whole that reflects the structure and dynamics of the phenomenon observed.
Abstract reasoning - CORRECT-ANSWERSis the ability to make and
manipulate models.
experimentation - CORRECT-ANSWERSis making a reasoned analysis of an
opportunity, envisioning potential solutions, evaluating those possibilities,
and developing the most promising ones, consistent with the resources you
have.
collaboration - CORRECT-ANSWERSis the activity of two or more people
working together to achieve a common goal, result, or work product.
Why did Jennifer lose her Job at Falcon Security?Jenner was not employed in
a routine position. In fact, her position required her to be able to utilize all of
Robert Reich's suggested non-routine cognitive skills. - CORRECT-
ANSWERSJenner was not employed in a routine position. In fact, her position
required her to be able to utilize all of Robert Reich's suggested non-routine
cognitive skills.
system - CORRECT-ANSWERSis a group of components that interact to
achieve some purpose.
In which year was the personal computer introduced? - CORRECT-
ANSWERSThe 1980s saw the rise of the personal computer (PC) and small
local networks.
non routine cognitive skills - CORRECT-ANSWERSAccording to the Rand
Corporation, "rapid technological change and increased international
competition place the spotlight on the skills and preparation of the
workforce, particularly the ability to adapt to changing technology and
CORRECT ANSWERS
MIS Management Information Systems (MIS) - CORRECT-ANSWERSKey
elements:
1. Management and use.
2. Information systems.
3. Strategies.
Goal:
Managing IS to achieve business strategies.
It is the management and use of information systems that help organizations
achieve their strategies.
The field of management information systems requires skills in planning and
managing data, procedures, and people.
What Are Content Management Systems (CMS)? - CORRECT-ANSWERS-
Support management and delivery of documents, other expressions of
employee knowledge
Challenges of Content Management
Databases are huge
Content dynamic
Documents do not exist in isolation
Contents are perishable
In many languages
What are CMS Application Alternatives? - CORRECT-ANSWERS- In-house
custom
Customer support department develops in-house database applications to
track customer problems
- Off-the-shelf
Horizontal market products (SharePoint)
Vertical market applications
- Public search engine
How Do Hyper-Social Organizations Manage Knowledge? - CORRECT-
ANSWERS- Hyper-social knowledge management
Application of social media and related applications for management and
delivery of organizational knowledge resources.
Hyper-organization theory
,Framework for understanding this new direction in KM.
Focus moves from knowledge and content per se to fostering authentic
relationships among creators and users of knowledge.
What Are the Alternatives for Publishing BI? - CORRECT-ANSWERS
Elements of a BI System - CORRECT-ANSWERS
2024? - CORRECT-ANSWERS- World generating and storing exponentially
more information.
- Information about customers, and data mining techniques going to get
better.
- Companies will know more about your purchasing habits and psyche.
- Social singularity - Machines will build their own information systems.
- Will machines possess and create information for themselves?
Guide: Data Mining in the Real World - CORRECT-ANSWERSProblems:
- Dirty data
- Missing values
- Lack of knowledge at start of project
- Over fitting
- Probabilistic
- Seasonality
- High risk - unknown outcome
Introduction to MIS is the most important class in today's Business School
programs because - CORRECT-ANSWERSstudying MIS will give you the
background you need to assess, evaluate, and apply emerging information
systems technology to business
The Digital Revolution - CORRECT-ANSWERSis the conversion from
mechanical and analog devices to digital devices. This shift to digital devices
meant monumental changes for companies, individuals, and our society as a
whole.
Management - CORRECT-ANSWERSThe key is to develop, maintain, and
adapt.
To create an information system that meets your needs, take an active role
in the system's development. Why?
Business professionals understand business needs and requirements.
5 components of an information system
,"The Five-Component Framework" - CORRECT-ANSWERShardware; software;
data; procedures; people
Gregory Bateson - CORRECT-ANSWERSA difference that makes a difference
is the definition OF INFORMATION was given by Gregory Bateson.
Information Technology (IT) - CORRECT-ANSWERSdrives development of new
information systems
Products
Methods
Inventions
Standards
________________ = Hardware + Software + Data.
is the term used to describe the products, methods, inventions, and
standards that are used for the purpose of producing information.
Information Systems - CORRECT-ANSWERSConsists of IT/data + procedures
+ people
Components that interact to produce information
Necessary data characteristics - CORRECT-ANSWERSaccurate
timely
relevant to context
relevant to subject
Just sufficient
Worth its cost
Immanuel Kant - CORRECT-ANSWERSCategorical imperative:
- One should behave only in a way that one would want the behavior to be a
universal law.
- Are you willing to publish your behavior to the world?
utilitarianism - CORRECT-ANSWERSthe morality of an act is determined by its
outcome. Acts are judged to be moral if they result in the greatest good to
the greatest number or if they maximize happiness and reduce suffering.
duty - CORRECT-ANSWERSNecessity to act in accordance with the
categorical imperative.
Perfect duty - behavior that must always be met. (Not lying)
, Imperfect duty - action that is praiseworthy, but not required according to
categorical imperative. (Giving to charity; developing your business skills and
abilities)
Data - CORRECT-ANSWERSIs the component of an information system that
serves as the bridge between the hardware and software (i.e., the computer
side) and the procedures and people (i.e., the human side) of the system.
information - CORRECT-ANSWERSis knowledge derived rom data
Systems thinking - CORRECT-ANSWERSis the ability to model system inputs
and outputs and describe how they relate to other systems.
Systems thinking is the ability to model the components of the system to
connect the inputs and outputs among those components into a sensible
whole that reflects the structure and dynamics of the phenomenon observed.
Abstract reasoning - CORRECT-ANSWERSis the ability to make and
manipulate models.
experimentation - CORRECT-ANSWERSis making a reasoned analysis of an
opportunity, envisioning potential solutions, evaluating those possibilities,
and developing the most promising ones, consistent with the resources you
have.
collaboration - CORRECT-ANSWERSis the activity of two or more people
working together to achieve a common goal, result, or work product.
Why did Jennifer lose her Job at Falcon Security?Jenner was not employed in
a routine position. In fact, her position required her to be able to utilize all of
Robert Reich's suggested non-routine cognitive skills. - CORRECT-
ANSWERSJenner was not employed in a routine position. In fact, her position
required her to be able to utilize all of Robert Reich's suggested non-routine
cognitive skills.
system - CORRECT-ANSWERSis a group of components that interact to
achieve some purpose.
In which year was the personal computer introduced? - CORRECT-
ANSWERSThe 1980s saw the rise of the personal computer (PC) and small
local networks.
non routine cognitive skills - CORRECT-ANSWERSAccording to the Rand
Corporation, "rapid technological change and increased international
competition place the spotlight on the skills and preparation of the
workforce, particularly the ability to adapt to changing technology and
