100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Module 1 - MBA 703 (Sadhya) || with 100% Accurate Solutions. $10.89   Add to cart

Exam (elaborations)

Module 1 - MBA 703 (Sadhya) || with 100% Accurate Solutions.

 2 views  0 purchase
  • Course
  • Module 1 - MBA 703
  • Institution
  • Module 1 - MBA 703

Information system definition correct answers An information system (IS) can be defined technically as a set of interrelated components that collect, process, store, and distribute information to support decision making and control in an organization Information systems are combinations of hardw...

[Show more]

Preview 2 out of 7  pages

  • August 9, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Module 1 - MBA 703
  • Module 1 - MBA 703
avatar-seller
FullyFocus
Module 1 - MBA 703 (Sadhya) || with 100% Accurate
Solutions.
Information system definition correct answers An information system (IS) can be defined
technically as a set of interrelated components that collect, process, store, and distribute
information to support decision making and control in an organization

Information systems are combinations of hardware, software, and telecommunications networks
that people build and use to collect, create, and distribute useful data, typically in organizational
settings

Information systems are interrelated components working together to collect, process, store, and
disseminate information to support decision making, coordination, control, analysis, and
visualization in an organization

2 important components of in IS? correct answers 1. the components that make up an
information system and
2. the role those components play in an organization

5 major components of IS correct answers 1. Hardware
2. Software
3. Data
4. People
5. Processes

Which 3 of the 5 major components of IS are considered technology? correct answers 1.
hardware
2. Software
3. data

Technology definition correct answers the application of scientific knowledge for practical
purposes

Hardware definition correct answers the tangible, physical portion of an information system
Examples: Computers, keyboards, disk drives, and flash drives

Software definition correct answers The set of instructions that tell the hardware what to do,
intangible (cannot be touched)

Two main categories of software correct answers 1. Operating system software = makes the
hardware for usable (ex: Microsoft Windows and Google's Android)

2. Application software = which does something useful for ex: Microsoft excel or Angry birds
(apps)

, data definition (for this class) correct answers a collection of facts, intangible

Pieces of unrelated data are not very useful. But aggregated, indexed, and organized together into
a database, data can become a powerful tool for businesses.

What is a potential 6th component of IS? correct answers Networking communication

An information system can exist without the ability to communicate. However, in today's hyper-
connected world, it is an extremely rare computer that does not connect to another device or to
an e-network

Process definition correct answers a series of steps undertaken to achieve a desired outcome or
goal

The ultimate goal is to improve processes both internally and externally, enhancing interfaces
with suppliers and customers

What is the role of IS in a business? correct answers Components collect, store, organize, and
distribute data throughout the organization.
IS takes data and turn it into information, and then transform that information into organizational
knowledge

What are the key stages in computer development in business correct answers 1. Mainframe Era
- large, single organization, computing, Manufacturing Resources Planning (MRP)
2. PC Revolution - minicomputer
3. Client-server (LAN, email, ERP)
4. Internet, World Wide Web, E-Commerce (digital communication and increase security
threats)
5. Web 2.0 (interactive website development, blogging, social media, disintermediation)
6. Post-PC world

Enterprise Resource Planning (ERP) correct answers an application with a centralized database
that can be used to run a company's entire business

separate modules for accounting, finance, inventory, human resources, and many more,

Disintermediation correct answers the process of technology replacing a middleman in a
transaction

Hardware and software in the Mainframe Era correct answers Hardware: Terminals connected to
mainframe computer
Software: Custom-written MRP software

Hardware and software in the PC Revolution correct answers Hardware: IBM PC or compatible.
Sometimes connected to mainframe computer via network interface card.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.89. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.89
  • (0)
  Add to cart