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ISQS 2340 exam 1 Questions and Answers Verified by Expert 100% Correct $12.99   Add to cart

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ISQS 2340 exam 1 Questions and Answers Verified by Expert 100% Correct

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ISQS 2340 exam 1 Questions and Answers Verified by Expert 100% Correct

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  • September 20, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ISQS
  • ISQS
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StudySet
ISQS 2340 exam 1 Questions and Answers
Verified by Expert 100% Correct 2024-2025
What does ISQS stand for? - ANSWER Information systems and quantitative
sciences


CEO (Chief Executive Officer) - ANSWER • Manages External
Stakeholder Relationships
• Sets Strategic Direction
• Defines High Level IT
Needs for the Future


COO (Chief Operating Officer) - ANSWER • Manages Operations
• Allocates Resources
• Primary Consumer of IT
within the Organization


CFO (Chief Financial Officer) - ANSWER • Manages Accounting & Finance
• Forecasts Needs and Secures
Financial Resources
• Allocates Budget for IT Expenditures


CIO (Chief Information Officer) - ANSWER • Manages IT Organization and
Operations
• Forecasts IT Needs from Business Strategy

,• Sets Direction for IT Architecture and Organization
• Plans, Designs and Delivers IT throughout the firm


Why are IT-Based Information

Systems Important? - 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? - ANSWER •IT-Based Information Systems is an
important contributor to operational
efficiency, employee productivity, customer service, and customer
satisfaction


Information Systems Framework: Business Systems - ANSWER •IT in
Marketing, Finance, Accounting, HR
•IT in Cross-Functional applications
•Decision Making with DSS, ESS and AI


Information Systems Framework:Systems Development - ANSWER
Development Methodologies SDLC and
Prototyping


Data - ANSWER raw facts. By themselves not useful.

, Data processing: - ANSWER giving context to data
and converting data into information.


information - ANSWER the interpretation of
processed data in order to make better
decisions.


characteristics of valuable info - ANSWER •Precise
•Complete
•Cost-effective
Uncomplicated
•Opportune
•Verifiable
•Adaptable
•Dependable
•Relevant


System - ANSWER an organized collection of
interrelated parts that work together to
achieve a common purpose.


Systems have - ANSWER Inputs
Processing Mechanism

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