Business information systems Chapter 1

Components of an information system consist of all of the​ following, except​ ________.

organizational environment

The statement that​ "a new computer class forms roughly each decade establishing a new​ industry" is recognized as​ _______ Law.

Bell's

________ is an assembly of​ hardware, software,​ data, procedures, and people that produce information.

IS (information systems)

_________ is best defined as the management and use of information systems that help organizations achieve their strategies.

MIS (management information systems)

Based on​ Sam's description of an information​ system, all of the following are components of an IS except​ _____.

Culture

Which of the components of the​ five-component model is easier to change compared to​ software?

Hardware

The components of the​ five-component model that actually do things​ are:

Hardware and People

Which of the following is a proper justification for developing an information​ system?

Helping people in a business to achieve the goals and objectives of that business

We are currently living in the​ __________, an era characterized by the​ production, distribution, and control of information as the primary economic driver.

Information Age

Which of the following is NOT a generally accepted definition of​ information?

Judgement developed from experience

According to​ _________, the density of storage on magnetic disks is increasing at an exponential rate.

Kryder's law

When Sam describes modeling the inputs and outputs of an IS and understanding how they relate to other​ systems, she is describing​ _____.

Systems thinking

Based on the information in this​ video, which of the following statements is true about the field of management information​ systems?

The focus of MIS is on planning and managing​ data, procedures, and people.

When Sam describes diagramming a business process and understanding the purpose of the IS she is​ designing, she is referring to​ _____.

abstract thinking

When a task that had been performed manually by a human is now performed by the computer side of an information​ system, we say the task has been​ ________.

automated

The primary reason that business people must be involved in the development of information systems is that​ ___________.

business people are the ones who understand business needs and requirements

To be considered high​ quality, data must have all of the following characteristics except​ _______.

competitiveness

Due to the rapid evolution in computing​ technology, all of the following changes are expected in​ 2029, except​ ________.

computers will support fewer applications and services

A software vendor pitches a new sales force automation software product to your​ company's VP of Sales and Marketing. Before purchasing such a​ product, it is essential​ to:

consider all five components of the IS.

As explained in this​ video, the​ _____ component of an information system is considered a bridge that connects the computer side and the human side of the system.

data

After an​ analysis, you are told that it will cost​ $100,000 to modify an information system so that it captures several new facts about your customers. Knowing those additional facts will help you to increase sales by an estimated​ $500 per year. You conclude that the information provided by this​ data:

is not worth its cost

A financial analyst for a real estate investment firm is responsible for evaluating the financing options for potential property acquisitions. The analyst receives a​ 15-page fact report for each proposed acquisition. Within that​ report, the analyst must search in multiple places for the details of the financing options. For the financial​ analyst's purposes, the report is deficient in​ __________.

relevancy

One vital component of your professional behavior with regard to computing systems today is the creation of​ _________.

strong passwords

The current mismatch between​ employers' demand for technical skills and the technical skills available from employees is called the​ ______.

technology skills gap

A business acquires a new software​ product, installs it on its​ hardware, and converts the data to be processed by the software. The business is unhappy with the performance of the new software product. A common reason for this problem is​ ______.

the people were inadequately trained on how to use the new system

​_________ reflects the fact that as more digital devices are connected to a​ network, the network becomes more valuable.

Metcalfe's Law

Throughout your​ career, you must​ ______ in a​ system's development in order to create an information system that meets your needs.

take an active role

Which of the following is NOT one of the nonroutine cognitive skills needed today​ (according to Robert​ Reich)?

Ability to speculate

​__________ is the nonroutine cognitive skill dealing with the ability to make and manipulate models.

Abstract reasoning

​_________ is defined as knowledge derived from data.

Information