Question 1

Data is worth its cost when an appropriate relationship exists between the cost of data and its value.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following types of skills is most likely to be outsourced to the lowest bidder?

Accepted Answer

A)   ability to experiment
B)   accounting skills
C)   ability to collaborate
D)   abstract reasoning skillsE) C) and D)
F) B) and C)

Question 3

How is information technology different from information systems?

Accepted Answer

Information technology and information s...

Question 4

Because of Moore's Law, any routine skill is liable to be outsourced to the lowest bidder.

Accepted Answer

A) True 
 B)False

Question 5

Discuss the common definitions of information.

Accepted Answer

The most common definition of informatio...

Question 6

List and briefly explain the five-component model of an information system with examples.

Accepted Answer

The five components described in the mod...

Question 7

Abstract reasoning is the ability to ________.

Accepted Answer

A)   develop ideas and plans with others when performing tasks
B)   make and manipulate models
C)   act quickly on a problem
D)   provide and receive critical feedbackE) A) and C)
F) B) and C)

Question 8

Which is the most important component of an information system? Why?

Accepted Answer

People are part of every information sys...

Question 9

Which of the following pairs of components constitutes the human side of information systems?

Accepted Answer

A)   software and procedures
B)   software and people
C)   people and procedures
D)   hardware and peopleE) B) and C)
F) A) and D)

Question 10

Which of the following is an example of a low-tech information system?

Accepted Answer

A)   an inventory tracking system that that stores millions of records and produces reports every 24 hours
B)   a file of email addresses stored in an email program
C)   a customer support system that keeps track of product issues
D)   a decision support system that analyzes multiple variablesE) A) and B)
F) B) and D)

Question 11

________ is defined as making a reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones, consistent with the resources one has.

Accepted Answer

A)   Systems thinking
B)   Abstract reasoning
C)   Problem-solving
D)   ExperimentationE) None of the above
F) B) and C)

Question 12

Information technology and information systems are synonymous terms.

Accepted Answer

A) True 
 B)False

Question 13

A student fills an online admission form to register for a particular course. This is an example of the ________ component of the information system.

Accepted Answer

A)   program
B)   data
C)   information
D)   hardwareE) C) and D)
F) A) and C)

Question 14

According to Moore's Law, the ________.

Accepted Answer

A)   price of an integrated chip reduces once in 18 months
B)   performance of an integrated chip doubles every year
C)   number of transistors per square inch on an integrated chip doubles every 18 months
D)   density of a transistor decreases every yearE) None of the above
F) B) and D)

Question 15

Which of the following statements is True about the quality of information?

Accepted Answer

A)   Information should be just barely sufficient for its purpose.
B)   Data that arrives after a prolonged period of time is of the highest quality.
C)   Information needs to be relevant to the subject, not necessarily to the context.
D)   Freely available data is always accurate and timely.E) B) and C)
F) A) and C)

Question 16

Globus Corp. uses a software tool to manage its supply chain. This software tool is an ________ of the company's information system.

Accepted Answer

A)   instruction on the computer side
B)   actor on the human side
C)   instruction on the human side
D)   actor on the computer sideE) None of the above
F) B) and C)

Question 17

Ordering additional hardware creates the least amount of organizational disruption compared to changes in the four components of an information system.

Accepted Answer

A) True 
 B)False

Question 18

According to the five-component framework, additional components are added to the existing component framework as the complexity of a system increases.

Accepted Answer

A) True 
 B)False

Question 19

In the five-component model of an information system, hardware and software are part of the human side.

Accepted Answer

A) True 
 B)False

Question 20

Good information is conceived from accurate, correct, and complete data.

Accepted Answer

A) True 
 B)False

Exam 1: The Importance of MIS

According to Moore's Law, the ________.

Correct AnswerverifiedShow Answer

Data is worth its cost when an appropriate relationship exists between the cost of data and its value.

Correct AnswerverifiedShow Answer

Because of Moore's Law, any routine skill is liable to be outsourced to the lowest bidder.

Correct AnswerverifiedShow Answer

According to the five-component framework, additional components are added to the existing component framework as the complexity of a system increases.

Correct AnswerverifiedShow Answer

Abstract reasoning is the ability to ________.

Correct AnswerverifiedShow Answer

________ is defined as making a reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones, consistent with the resources one has.

Correct AnswerverifiedShow Answer

Good information is conceived from accurate, correct, and complete data.

Correct AnswerverifiedShow Answer

Discuss the common definitions of information.

Correct AnswerverifiedThe most common definition of informatio...View AnswerShow Answer

Which of the following types of skills is most likely to be outsourced to the lowest bidder?

Correct AnswerverifiedShow Answer

Ordering additional hardware creates the least amount of organizational disruption compared to changes in the four components of an information system.

Correct AnswerverifiedShow Answer

Globus Corp. uses a software tool to manage its supply chain. This software tool is an ________ of the company's information system.

Correct AnswerverifiedShow Answer

A student fills an online admission form to register for a particular course. This is an example of the ________ component of the information system.

Correct AnswerverifiedShow Answer

Which is the most important component of an information system? Why?

Correct AnswerverifiedPeople are part of every information sys...View AnswerShow Answer

How is information technology different from information systems?

Correct AnswerverifiedInformation technology and information s...View AnswerShow Answer

List and briefly explain the five-component model of an information system with examples.

Correct AnswerverifiedThe five components described in the mod...View AnswerShow Answer

In the five-component model of an information system, hardware and software are part of the human side.

Correct AnswerverifiedShow Answer

Which of the following pairs of components constitutes the human side of information systems?

Correct AnswerverifiedShow Answer

Which of the following statements is True about the quality of information?

Correct AnswerverifiedShow Answer

Information technology and information systems are synonymous terms.

Correct AnswerverifiedShow Answer

Which of the following is an example of a low-tech information system?

Correct AnswerverifiedShow Answer

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The most common definition of informatio...
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People are part of every information sys...
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Information technology and information s...
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The five components described in the mod...
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