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COB 204 JMU Test Latest(2025/2026) Questions and Answers 100% Correct.
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  • COB 204 JMU
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  • COB 204 JMU

Critical Non-Routine Skills that an Intro to MIS Course Can Help you Learn - ️️- Abstract reasoning - Systems Thinking - Collaboration - Experimentation Characteristics of the Five Components - ️️•Most Important Component - YOU! -Your cognitive skills determine quality of your think...

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  • October 15, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
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  • COB 204 JMU
  • COB 204 JMU

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COB 204 JMU Test #1
Critical Non-Routine Skills that an Intro to MIS Course Can Help you Learn - ✔️✔️-
Abstract reasoning
- Systems Thinking
- Collaboration
- Experimentation

Characteristics of the Five Components - ✔️✔️•Most Important Component - YOU!
-Your cognitive skills determine quality of your thinking, ability to conceive information
from data.
-You add value to information and information systems.
•Only humans produce information.
•All components must work together.

Information Technology (IT) - ✔️✔️-The products, methods, inventions, and standards
used for the purpose of producing information
- components = Hardware + Software + Data

Information System (IS) - ✔️✔️components = Hardware + Software + Data +
Procedures + People

Management information systems (MIS) - ✔️✔️-The management and use of
information systems that help organizations achieve their strategies

Difference Between IT and IS - ✔️✔️IS = IT + Procedures + People

The IS Five-Component Model - ✔️✔️


Defining Information - ✔️✔️Knowledge derived from data.

Characteristics of Data - ✔️✔️- accurate
- timely
- relevant
- just sufficient
- worth its cost

Goldilocks Principle - ✔️✔️•Right information to the
•Right people at the
•Right time
•For a reasonable cost

The Digital Revolution - ✔️✔️-From mechanical/analog devices to digital devices.

, Information Age - ✔️✔️-Production, distribution, control of information primary
economic drivers.

Five Technology "Laws" - ✔️✔️-Bell's, Moore's, Metcalfe's, Neilsen's, & Kryder's

Bell's Law - ✔️✔️- Today's highly successful business could be bankrupt quickly
because technology changed and it didn't.
Business professionals need to... - ✔️✔️-Take active role to ensure systems meet their
needs.
-Understand how information systems (IS) are constructed.
-Consider users' needs during development.
-Learn how to use IS.
-Don't forget security and backups.



- "A new computer class forms roughly each decade establishing a new industry."

Implications: Digital devices will evolve so quickly that they will enable new platforms,
programming environments, industries, networks, and information systems every 10
years

Moore's Law - ✔️✔️"The number of transistors per square inch on an integrated chip
doubles every 18 months."

Implications: Computers are getting exponentially faster.

The cost of data processing is approaching zero.

Metcalfe's Law - ✔️✔️"The value of a network is equal to the square of the number of
users connected to it."

Implications: More digital devices are being connected together.

The value of digital and social networks is increasing exponentially.

Network Value = Users^2

Nielsen's Law - ✔️✔️"Network connection speeds for high-end users will increase by
50 percent per year."

Implications: Network speed (throughput) is increasing. Higher speeds enable new
products, platforms, and companies.

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