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MBA 703 Quiz 2 Study Guide Exam questions and
answers with complete solutions verified latest update
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The roles of people of Information systems literacy, computer literacy,
organizations MIS
Information Systems Includes behavioral and technical approach.
Literacy
Computer literacy Focuses mostly on knowledge of IT.
-Focuses on broader information systems
Management literacy.
Information Systems -Issues surrounding development, use,
(MIS) impact of information systems used by
managers and employees.
Information Systems True
are more than
computers.
Using information the organization, people, and information
systems effectivity technology shaping the systems.
requires an
understanding of
An information True
system provides a
solution to important
business problems
or
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challenges facing the
firm.
Dimensions of organizations, people, technology
Information Systems
What's new in 1. The mobile digital platform
management 2. Growth of "Big Data" and "Artificial Intelligence
information systems? (AI)"
3. Growth of "cloud computing"
Three changes are
affecting companies
worldwide:
- Fueled globalization
Technology: Changing - Redefined concepts of software and computing
business landscapes - Crushed costs
New technologies - Fueled data-driven decision making
have:
- Raised privacy and security concerns
The danger of relying - Sustainable competitive
on technology: advantage: Finacial performance that
consistently outperforms industry
Firms strive for averages.
sustainable -Difficult to achieve due to the rapid
competitive emergence of new products and
advantage: new competitors.
- Watch a pioneer's efforts
The danger of relying - Learn from their success and missteps.
on technology: - Enter the market quickly with a
comparable or superior product at a
Fast follower lower cost before the first mover can
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