MANGT 366 Exam 1 Boyer Question and answers already passed 2024/2025 MANGT 366 Exam 1 Boyer
Management Information System (MIS) - correct answer -Develop, maintain, and adapt the information system
-Key Elements: Management and use of system, Information systems (the actual system), and Strat...
MANGT 366 Exam 1 Boyer
Management Information System (MIS) - correct answer ✔-Develop,
maintain, and adapt the information system
-Key Elements: Management and use of system, Information systems (the
actual system), and Strategies you want to achieve
-Goal: Managing IS to achieve business strategies and goals
Information Technology (IT) - correct answer ✔-Drives development of new
information systems
-Products, Methods, Inventions, Standards
-Components = Hardware + Software + Data
Information Systems (IS) - correct answer ✔-Components that interact to
produce information
-5 Component Framework: Hardware, Software, Data, Procedures, and
People
-IS= IT + Procedures + People
-People are most important part
-Systems that help achieve strategic goal
What is Moore's Law? Why significant? - correct answer ✔-The number of
transistors per square inch on an integrated chip doubles every 18 months.
-The cost of data processing, communications, and storage is essentially zero
because of this.
Abstract Reasoning - correct answer ✔-Ability to make and manipulate
models
, Systems Thinking - correct answer ✔-Ability to model systems components,
connect inputs and outputs among components to reflect structure and
dynamics of observed systems
-Ability to discuss, illustrate, critique systems; compare alternative systems;
apply different systems to different situations
Collaboration - correct answer ✔-Activity of two or more people working
together to achieve a common goal, result, or work product
Ability to Experiment - correct answer ✔-Make reasoned analysis of an
opportunity; developing and evaluating possible solutions (Fear of Failure
Paralyzes)
-EX: "I've never done this before." "I don't know how to do it." "But will it work"
"Is it too weird for the market"
Why is it important to develop and practice these non-routine skills? - correct
answer ✔-Non-Routine cognitive skills are marketable skills that help attain
job security (routine skills will be outsourced to the lowest bidder)
How are IT and IS different? Know the 5 component of IS framework. - correct
answer ✔-IT Components = Hardware + Software + Data
-IS Components = IT + Procedures + People
-Hardware, Software, Data, Procedures, People
Why is it important for business professionals to take an active role in
developing and managing IS? What responsibilities do we have as business
professionals using IS? - correct answer ✔-To create an Information System
that meets your needs, business professionals need to take an active role in
system's development because they understand needs and requirements for
the Information System
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