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CSCI 3700 EXAM QUESTIONS AND CORRECT ANSWERS
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CSCI 3700 EXAM QUESTIONS AND CORRECT ANSWERSInformation Systems are how business is done. - ANSWER True
The definition for Information systems: They are interrelated components that -
ANSWER Work together to collect, process, store and disseminate information and
Support decision making, coordination, control, analysis, and visualization
-Consist of People, Processes and Technology
A business is an organization that provides goods and/or services to customers on a
commercial basis. Which of the following is the correct definition of goods and services -
ANSWER Goods is Tangible products, such as consumer electronics, parts, or cars and
Services is Intangible products, such as insurance, dental services, and cleaning
Over time, the relationship between business and information systems has - ANSWER
Become more overlapping
Check out the four related IS Trends that significantly enhanced business capability in
the past 3-5 years. - ANSWER Proliferation of Mobile Devices, Cloud Computing,
Pervasive Network Connectivity, Data Science
Information Systems Enable Business through - ANSWER Business process automation,
Customer engagement,
Productivity,
Decision making,
Communications
An Income Statement is like a banking balance, or your cumulative GPA. It does not
reset at the beginning of each year. - ANSWER False
, The Balance Sheet is a fundamental accounting document that provides an overview
(snapshot) of a company's assets, liabilities, and equity - ANSWER True
Uber, AirbNb, and GrubHub are all examples of companies with this type of business
model - ANSWER Network Orchestration
What technologies were in the "Future of Farming" video - ANSWER Robotics
Drones
Self-driving vehicles
Data Analytics
Capturing financial data and analysing financial performance is a major role of IS in
business - ANSWER True
Performing a SWOT analysis may help a company understand that more investment is
needed in information systems. - ANSWER True
Describes what an organization believes in and how it will behave - ANSWER Value
Statement
Zach explains that this tells the organization's reason for existence - ANSWER Mission
Statement
Describes an organization as it would appear in the future successful state - ANSWER
Vision Statement
Which of the following business strategy models were discussed in class? - ANSWER 5
forces analysis
SWOT analysis
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