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ITSS 3300 UTD EXAM 1 QUESTIONS WITH COMPLETE SOLUTIONS!!
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ITSS 3300 UTD EXAM 1 QUESTIONS WITH COMPLETE SOLUTIONS!!
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ITSS 3300 UTD EXAM 1QUESTIONS WITH
COMPLETE
SOLUTIONS!!
ITSS 3300
Evatee 9/18/24 ITSS 3300
,ITSS 3300 UTD EXAM 1 QUESTIONS WITH
COMPLETE SOLUTIONS!!
How Information Systems Are Transforming Business Answer - -Mobile digital
platform
-Systems used to improve customer experience, respond to customer demand,
reduce inventories, and more
-Growing online newspaper readership
-Expanding e-commerce and Internet advertising
-New federal security and accounting laws
What's New In Management Information Systems Answer - -Technology
~Cloud computing
~Big data and the Internet of Things (IoT)
~Mobile digital platform
-Management
~Online collaboration and social networking software ~Business intelligence
~Virtual meetings
-Organizations
~Social business
~Telework
~Co-creation of business value
The Emerging Digital Firm Answer - •In a fully digital firm:
-Significant business relationships are digitally enabled and mediated
, -Core business processes are accomplished through digital networks
-Key corporate assets are managed digitally
•Digital firms offer greater flexibility in organization and management
-Time shifting, space shifting
Strategic Business Objectives of Information Systems Answer - Growing
interdependence between:
-Ability to use information technology and
-Ability to implement corporate strategies and achieve corporate goals
Firms invest heavily in information systems to achieve six strategic business
objectives: Answer - 1)Operational excellence
2)New products, services, and business models
3)Customer and supplier intimacy
4)Improved decision making
5)Competitive advantage
6)Survival
What is an information system? Answer - ~Information system
-Set of interrelated components
-Collect, process, store, and distribute information -Support decision making,
coordination, and control
~Information vs. data
-Data are streams of raw facts
-Information is data shaped into meaningful form
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