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What does ISQS stand for? Correct answer-Information systems and quantitative sciences
CEO (Chief Executive Officer) Correct answer-• Manages External
Stakeholder Relationships
• Sets Strategic Direction
• Defines High Level IT
Needs for the Future
COO (Chief Operating Officer) Correct answer-• Manages Operations
• Allocates Resources
• Primary Consumer of IT
within the Organization
CFO (Chief Financial Officer) Correct answer-• Manages Accounting & Finance
• Forecasts Needs and Secures
Financial Resources
• Allocates Budget for IT Expenditures
CIO (Chief Information Officer) Correct answer-• Manages IT Organization and Operations
• Forecasts IT Needs from Business Strategy
• Sets Direction for IT Architecture and Organization
,ISQS 2340 Exam 1; Questions & Answers 100%
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• Plans, Designs and Delivers IT throughout the firm
Why are IT-Based Information
Systems Important? Correct answer-•IT-Based Information Systems is a major
functional area important to business
success (just as Finance, Accounting,
Marketing, and HR)
Why are IT-Based Information
Systems Important? Correct answer-•IT-Based Information Systems is an
important contributor to operational
efficiency, employee productivity, customer service, and customer
satisfaction
Information Systems Framework: Business Systems Correct answer-•IT in Marketing,
Finance, Accounting, HR
•IT in Cross-Functional applications
•Decision Making with DSS, ESS and AI
Information Systems Framework:Systems Development Correct answer-Development
Methodologies SDLC and
, ISQS 2340 Exam 1; Questions & Answers 100%
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Prototyping
Data Correct answer-raw facts. By themselves not useful.
Data processing: Correct answer-giving context to data
and converting data into information.
information Correct answer-the interpretation of
processed data in order to make better
decisions.
characteristics of valuable info Correct answer-•Precise
•Complete
•Cost-effective
Uncomplicated
•Opportune
•Verifiable
•Adaptable
•Dependable
•Relevant