BU415 - Test #1 Questions with
Correct Answers
Stages in IT - Infrastructure Evolution - ANSWERS- Mainframe (1960s)
- Minicomputers (1970s)
- Personal computers (1980s)
- Client/server networks
- Enterprise computing
- Cloud computing
Moore's Law and Microprocessing Power - ANSWERSComputing power doubles every
two years
*chip costs are falling
Law of Mass Digital Storage - ANSWERSThe amount of data being stored each year
doubles
*amount of storage per dollar rises exponentially
Metcalfe's Law and Network Economics - ANSWERSValue of power of a network grows
exponentially as a function of the number of network members
*exponential declines in internet communication costs
Information and Communication Technology - ANSWERS- Computing, storage, and
battery life is increasing rapidly
- ICT costs continue to fall rapidly
- ICTs are becoming more accessible with increased ease of access
- the cost of data storage continues to decline
*see figure in notes
- Your IS project should be in line with your corporate strategy
What are the Advantages of IS? - ANSWERS- Improvements of everyday life for
everyone
- Crucial importance for managers and executives
- Technologies advantages can be described in three words - ease, autonomy, and cost
Your Future with IS - ANSWERS- Every manager must have good knowledge of
information systems
- Managing the whole knowledge
- Making big decisions
- Being in charge of an entire organization or a business unit
- Management changes are often required for firms to derive full business value from IT
investments
, Information Systems for Managers - ANSWERS- Choosing, organizing, and managing
the information technology and information systems is not only the job of computer
engineers
- The executives and managers should work and cooperate with IT professionals to
increase the efficiency and effectiveness of these systems
integrate, analyze, and visualize
Operational Level Employees - ANSWERSManaging the knowledge of a department or
team
End Users - ANSWERSIndividual directly in touch with software applications
- take into consideration what is the needs of user?
- is what you are proposing in alignment with their needs?
Reasons to Study Information Systems and Information Technology - ANSWERS-
Firms invest heavily in IS to achieve six strategic business objectives:
1. Operational excellence (e.g. adopting technology to cut costs)
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival
*see figure in notes
IS for Managerial Functions - ANSWERS- Improving daily life for everyone
- Critical importance for executives and managers
- The IS is used to manage the information of an organization is increasingly based on
technology
- Technology has undergone quite a bit of change in recent years
- You must be familiar with IS and be able to exploit them
IT is not IS - ANSWERS- IS is a whole sociotechnical system (the way in which
information is passed from one to the other, doesn't necessarily need technology, but
technology has made these processes more efficient)
- IT is a technological infrastructure
- e.g. of a hotel IS - receiving reservations, room numbers, employees, evaluation of
loyal customers, etc.
What is a System? - ANSWERS- A system is a set of interrelated components
- With a clearly defined boundary
- Working together to achieve a common set of objectives
- Almost everything is a system
- One system can be made up of other systems or can be part of a bigger system
Correct Answers
Stages in IT - Infrastructure Evolution - ANSWERS- Mainframe (1960s)
- Minicomputers (1970s)
- Personal computers (1980s)
- Client/server networks
- Enterprise computing
- Cloud computing
Moore's Law and Microprocessing Power - ANSWERSComputing power doubles every
two years
*chip costs are falling
Law of Mass Digital Storage - ANSWERSThe amount of data being stored each year
doubles
*amount of storage per dollar rises exponentially
Metcalfe's Law and Network Economics - ANSWERSValue of power of a network grows
exponentially as a function of the number of network members
*exponential declines in internet communication costs
Information and Communication Technology - ANSWERS- Computing, storage, and
battery life is increasing rapidly
- ICT costs continue to fall rapidly
- ICTs are becoming more accessible with increased ease of access
- the cost of data storage continues to decline
*see figure in notes
- Your IS project should be in line with your corporate strategy
What are the Advantages of IS? - ANSWERS- Improvements of everyday life for
everyone
- Crucial importance for managers and executives
- Technologies advantages can be described in three words - ease, autonomy, and cost
Your Future with IS - ANSWERS- Every manager must have good knowledge of
information systems
- Managing the whole knowledge
- Making big decisions
- Being in charge of an entire organization or a business unit
- Management changes are often required for firms to derive full business value from IT
investments
, Information Systems for Managers - ANSWERS- Choosing, organizing, and managing
the information technology and information systems is not only the job of computer
engineers
- The executives and managers should work and cooperate with IT professionals to
increase the efficiency and effectiveness of these systems
integrate, analyze, and visualize
Operational Level Employees - ANSWERSManaging the knowledge of a department or
team
End Users - ANSWERSIndividual directly in touch with software applications
- take into consideration what is the needs of user?
- is what you are proposing in alignment with their needs?
Reasons to Study Information Systems and Information Technology - ANSWERS-
Firms invest heavily in IS to achieve six strategic business objectives:
1. Operational excellence (e.g. adopting technology to cut costs)
2. New products, services, and business models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival
*see figure in notes
IS for Managerial Functions - ANSWERS- Improving daily life for everyone
- Critical importance for executives and managers
- The IS is used to manage the information of an organization is increasingly based on
technology
- Technology has undergone quite a bit of change in recent years
- You must be familiar with IS and be able to exploit them
IT is not IS - ANSWERS- IS is a whole sociotechnical system (the way in which
information is passed from one to the other, doesn't necessarily need technology, but
technology has made these processes more efficient)
- IT is a technological infrastructure
- e.g. of a hotel IS - receiving reservations, room numbers, employees, evaluation of
loyal customers, etc.
What is a System? - ANSWERS- A system is a set of interrelated components
- With a clearly defined boundary
- Working together to achieve a common set of objectives
- Almost everything is a system
- One system can be made up of other systems or can be part of a bigger system
