MIS 301 TEST QUESTIONS AND ANSWERS
/. Bells Law - Answer-✅a new computer class forms roughly each decade establishing
a new industry.
- Started with the digital revolution in the 70's
- "Digital devices will evolve so quickly that they will enable new platforms, programming
environments, industries, networks, and information systems"
- Ex. 80's = PC, 90's = internet ect
/.Consequences of Bells Law - Answer-✅Computers are becoming exponentially fast
==> cost of data processing is approaching 0
/.Moore's Law - Answer-✅- The number of transistors per square inch on an integrated
chip doubles every 18 months
/.Moore's Law Consequences - Answer-✅-the ratio of price to performance of computer
processors has fallen dramatically.
-processing power has had a greater impact on the global economy in the past 30 years
than any other single factor
-Leads to new devices, applications, companies, and platforms
/.Metcalfe's Law - Answer-✅-As more users get on the internet, the value of the internet
increases
- ex. why would you pay for Microsoft word? Because other people use it
/.Nielsen's Law - Answer-✅-network connection speeds for high-end users will increase
by 50% per year
-Network speeds increasing ==> New products, platforms, and companies
/.Kryder's Law - Answer-✅-The storage density on magnetic disks is increasing at an
exponential rate
- Storage capacity is increasing exponentially ==> cost of storing data is approaching 0
, /.Give the 4 examples of Critical Skills from the text - Answer-✅Abstract Reasoning,
Systems Thinking, Collaboration, Ability to Experiment
/.One of the 4 critical skills of nonroutine cognition, and the ability to make and
manipulate models - Answer-✅Abstract Reasoning
/.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. (Broader concept) - Answer-✅Systems thinking
/.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. (One of the critical skills) - Answer-✅ability to experiment
/.Why are MIS jobs in high demand - Answer-✅Understanding technology and having a
willingness to learn new tech skills will be an increasingly important part of staying
gainfully employed in the future.
/.An assembly of hardware, software, data, procedures, and people that produces
information. - Answer-✅Information System
/.The products, methods, inventions, and standards used for the purpose of producing
information. - Answer-✅Information Technology (IT)
/.Relationship between Information Systems and Information technology (IT) - Answer-
✅Information technology drives the development of new information systems.
/.A group of components that interact to achieve some purpose. - Answer-✅System
/.5 components of an Information System - Answer-✅hardware, software, data,
procedures, people
/.-Knowledge derived from data
-Data presented in a meaningful way - Answer-✅Information
/.5 components of good data ==> and therefore, good information - Answer-
✅1.Accurate
2.Timley
3.Relevent
4.Just barley sufficient
5.Worth the cost
/.You are Smart!! - Answer-✅bargaining power of customers,
/. Bells Law - Answer-✅a new computer class forms roughly each decade establishing
a new industry.
- Started with the digital revolution in the 70's
- "Digital devices will evolve so quickly that they will enable new platforms, programming
environments, industries, networks, and information systems"
- Ex. 80's = PC, 90's = internet ect
/.Consequences of Bells Law - Answer-✅Computers are becoming exponentially fast
==> cost of data processing is approaching 0
/.Moore's Law - Answer-✅- The number of transistors per square inch on an integrated
chip doubles every 18 months
/.Moore's Law Consequences - Answer-✅-the ratio of price to performance of computer
processors has fallen dramatically.
-processing power has had a greater impact on the global economy in the past 30 years
than any other single factor
-Leads to new devices, applications, companies, and platforms
/.Metcalfe's Law - Answer-✅-As more users get on the internet, the value of the internet
increases
- ex. why would you pay for Microsoft word? Because other people use it
/.Nielsen's Law - Answer-✅-network connection speeds for high-end users will increase
by 50% per year
-Network speeds increasing ==> New products, platforms, and companies
/.Kryder's Law - Answer-✅-The storage density on magnetic disks is increasing at an
exponential rate
- Storage capacity is increasing exponentially ==> cost of storing data is approaching 0
, /.Give the 4 examples of Critical Skills from the text - Answer-✅Abstract Reasoning,
Systems Thinking, Collaboration, Ability to Experiment
/.One of the 4 critical skills of nonroutine cognition, and the ability to make and
manipulate models - Answer-✅Abstract Reasoning
/.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. (Broader concept) - Answer-✅Systems thinking
/.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. (One of the critical skills) - Answer-✅ability to experiment
/.Why are MIS jobs in high demand - Answer-✅Understanding technology and having a
willingness to learn new tech skills will be an increasingly important part of staying
gainfully employed in the future.
/.An assembly of hardware, software, data, procedures, and people that produces
information. - Answer-✅Information System
/.The products, methods, inventions, and standards used for the purpose of producing
information. - Answer-✅Information Technology (IT)
/.Relationship between Information Systems and Information technology (IT) - Answer-
✅Information technology drives the development of new information systems.
/.A group of components that interact to achieve some purpose. - Answer-✅System
/.5 components of an Information System - Answer-✅hardware, software, data,
procedures, people
/.-Knowledge derived from data
-Data presented in a meaningful way - Answer-✅Information
/.5 components of good data ==> and therefore, good information - Answer-
✅1.Accurate
2.Timley
3.Relevent
4.Just barley sufficient
5.Worth the cost
/.You are Smart!! - Answer-✅bargaining power of customers,
