Mis 301 exam 1 Study guides, Class notes & Summaries

MIS 301 Exam 1 Question and answers rated A+ 2024 Disruptive Technology - correct answer a new way of doing things that initially does not meet the needs of existing customers. These tend to open new markets and destroy old ones. Mental Models - correct answer clusters of propositions/knowledge structures that guide our interaction with the world. Evidence: create map and found same pattern longer distance took longer barriers to entry - correct answer anything that keeps new firms ...

MIS 301 Exam 1 Questions with complete solution 2024 Which of the following is the correct hierarchy from the lowest level to the highest level? - correct answer data, information, knowledge A combination of your high school grades, application essays, letters of recommendation, and Scholastic Aptitude Test (SAT) scores would be considered information. (T/F) - correct answer True An organization's IT components include all of the following except: - correct answer procedures If ...

MIS 301 Exam 1 Question and answers correctly solved 2024 Which of the following is TRUE of the IS function today? - correct answer It is not the exclusive responsibility of the IS Department ____________ is developed through learning and is the experience and expertise that managers can apply to business problems. - correct answer Knowledge A competitive advantage refers to any ___________ that provide an organization with an edge against its ___________ in some measure such as cost,...

MIS 301 EXAM 1 SHAUL Question and answers already passed 2024 statistics - correct answer collection, analysis, interpretation, and presentation of numerical data descriptive statistics - correct answer organizing and summarizing data population - correct answer collection of persons, things, or objects under study sample - correct answer selecting a portion (subset) of the larger population and study that portion to gain info about the population statistic - correct answer...

MIS 301 Exam 1 Questions with complete solution 2024 Statistics - correct answer the art and science of collecting, analyzing, presenting, and interpreting data Data - correct answer the facts and figures that are collected, analyzed, and summarized for presentation and interpretation Elements - correct answer the entities on which data are collected Variable - correct answer an attribute or characteristic of an entity Observation - correct answer the set of measurements f...

MIS 301 SHAUL EXAM 1 SDSU Question and answers correctly solved 2024 MIS 301 SHAUL EXAM 1 SDSU Descriptive Statistics - correct answer The process of organizing and summarizing data Inferential Statistics: - correct answer Using probability to determine how confident we can be that our conclusion is correct Probability - correct answer tool used to study randomness Population - correct answer collection of people or things Sample - correct answer a portion of the popula...

MIS 301 Iowa State Exam 1 Question and answers verified to pass 2024 Managing Information Resources is difficult and complex because (3) - correct answer -IS can provide strategic value -IS's are very expensive to acquire, operate, and maintain -Evolution of the MIS function within the organization Chief Information Officer - correct answer Highest-ranking IS manager; is responsible for all strategic planning in the organization. IS Director - correct answer Manages all systems t...

MIS 301 Midterm Exam 1 Question and answers 100% correct 2024 Information Technology - correct answer Any computer based tool that people use to work with info and to support the info and info processing needs of an org Information Systems - correct answer Collects, processes, stores, analyzes and disseminates info for a specific purpose Computer Based Info Systems - correct answer Getting the right info to the right people at the right time in the right amount and in the right form...

MIS 301 Exam 2 Question and answers rated A+ 2024 computing hardware - correct answer the physical components of computer technology, this can include the computer itself and peripherals such as keyboards, mouses, etc. software - correct answer a computer program; a precise set of instructions that tells hardware what to do What are the elements of the Layer Cake from bottom to top? - correct answer Hardware, OS, Application, User What is an operating system? Name four functions...

MIS 301 Exam 2 Question and answers verified to pass 2024 Data Warehouse - correct answer A set of databases designed to support decision making in an organization. It is structured for fast online queries and exploration. These may aggregate enormous amounts of data from many different operational systems Data Mart - correct answer A database or databases focused on addressing the concerns of a specific problem (e.g., increasing customer retention, improving product quality) or business...