ISQS EXAM 1 – Mitchell Already Graded A+
Business Value with IT-Related Concepts - Increases Productivity: Implementing IT solutions can automate processes, streamline operations, and
reduce manual labor, leading to greater productivity. - Ensures Security: IT systems help protect sensitive i...
- Increases Productivity: Implementing IT solutions can automate processes, streamline operations, and
reduce manual labor, leading to greater productivity.
- Ensures Security: IT systems help protect sensitive information and ensure compliance with
regulations, mitigating risks associated with data breaches.
- Gains Competitive Advantage: Organizations leveraging IT effectively can distinguish themselves from
competitors by improving customer service, increasing efficiency, and innovating.
Ensuring Successful Projects with Business Decision Management (BDM)
- Benefit Dependencies Networks: These diagrams outline how IT initiatives align with business goals,
illustrating dependencies between IT and necessary business changes for success.
Managing Uncertainties in Business
1. Informational Uncertainty: Inherent limitations in data; Applications:
- CRM (Customer Relationship Management) and ERP (Enterprise Resource Planning) systems help
consolidate data to improve decision-making.
2. Relational Uncertainty: The potential for opportunistic behavior among business actors; Applications:
- Buyer/Seller Ratings and Online Reviews help establish trust and assess reputations in transactions.
3. Resource Uncertainty: Limitations in available resources; Applications:
- 3D Printing and Server Virtualization allow for more efficient use of materials and infrastructure.
Key IT and Networking Laws
- Moore's Law: The number of transistors on integrated circuits doubles approximately every 18 months,
leading to increased computing power and efficiency.
- Metcalfe's Law: The value of a network grows exponentially with the number of users, enhancing
network effects.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 CertifiedGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
