Isds 351 M idterm Exam Questions With Verified And Updated Answers. Data - answer✔✔Is objective, has no meaning, is unprocessed(raw), is quantifiable, there can be a data overload information - answer✔✔Should be objective, has meaning, is processed, quantifiable, there can be an information overload knowledge - answer✔✔Is subjective, has meaning for a specific purpose, is processed and understood, is not quantifiable, there is no knowlege overload What is information technology? (IT) - answer✔✔The use of computer systems or devices to access information. Its used by everyon e from enterprise companies all the way down to one person businesses. Global companies use it to manage data and innovate their processes Examples within information systems - answer✔✔Analytics, automation, AI, communications, cyber security, networks, ro botics What is an information system? (IS) - answer✔✔An integrated set of components for collecting, storing, and processing data and for providing information, knowledge, and digital products. Used to analyze large amounts of data competitive advantage - answer✔✔Generates more sales, achieves superior profit margins. It is gained through cost leadership, differentiation, focus. Requires considerable effort to sustain What is a managers key role in competitive advantage - answer✔✔To Identify and use informa tion systems to gain a competitive advantage What three elements to all information systems have in common? - answer✔✔People, business processes, and information technology Examples of information systems - answer✔✔Search engines, computer systems, data warehouses, global information systems Leavitt's Diamond Model - answer✔✔-used to introduce new systems into the workplace - intended to lower stress, encourage teamwork, and increase successful implementation Model highlights four key components - answer✔✔People, technology infrastructure, processes, and structure What is the most important element of information systems - answer✔✔people Employee requirements for success - answer✔✔- Training and an understanding of the need for the information system - Motiv ation to use the information system - Access to system support people as needed technology infrastructure - answer✔✔-Resources include hardware, software, databases, networks, facilities, and third -party services -Required to meet customers', suppliers', k ey business partners', regulatory agencies', and employees' needs -Forms the foundation of every computer -based information system Processes - answer✔✔•Structured set of related activities •Takes input, adds value, creates an output procedure - answer✔✔describes the steps to follow to achieve a specific end result structure - answer✔✔Defines relationships between the organization and its members Types of Information Systems - answer✔✔personal, workgroup, enterprise, and inter -
organiza tional Personal information system - answer✔✔improves productivity of individual users in performing stand -alone tasks workgroup information system - answer✔✔Enables people to work together effectively enterprise information systems - answer✔✔Facilitates o rganization -wide business needs Interorganizational information system - answer✔✔Enables the sharing of information across organizational boundaries Value Chain - answer✔✔Series of activities to transform inputs into outputs. Value of the input should incr ease supply chain - answer✔✔A key value chain whose primary activities include inbound logistics, operations, outbound logistics, marketing and sales, and service. Typical information system roles - answer✔✔CIO, software developer, information systems security analyst, systems analyst, programmer, Web developer, and business analyst. Chief Information Officer (CIO) - answer✔✔Employs the IS department's equipment and personnel to help the organization attain its goals
