System Correct Ans-an organized collection of interrelated parts that work together to
achieve a common purpose
Systems have Correct Ans--Inputs
-Processing Mechanism
-Outputs
-Feedback
-Control
A system has an objective, collection of parts, structure, performs a set of functions, and has a
boundary
Subsystem Correct Ans-Ex: (Of a system) University -> Business school -> Marketing.
, ISQS 2340 Exam 1 with Verified Solutions
Simple vs. Complex Systems Correct Ans-Simple- Very few elements & components,
relationship is simple.
Complex- A system filled with many simple systems.
A collection of simple systems is better than one, large complex system.
Open vs. Closed Systems Correct Ans-Open- Everyone can use, don't have to have control
of market (interact with other systems)
Closed- Exclusive, not adoptable; only if you have control of market (no interaction)
Information Technology Correct Ans-refers to the method, techniques and tools that are
used as means to bring about computer-based information systems
, ISQS 2340 Exam 1 with Verified Solutions
Information System Correct Ans-set of interrelated components that collect (input),
manipulate and store (processing), and disseminate (output) data and information as well as
feedback mechanism
Why is ISQS important? Correct Ans--Important contributor to operational efficiency,
employee productivity, customer service and customer satisfaction.
-supports effective decision making by managers
-vital ingredient in developing competitive products
-dynamic, rewarding, and challenging career
opportunity
-key component of the resources and infrastructure in
today's business enterprises
-major functional area important to business
success
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