The 5 component frame work, must work together correct answers Hardware, Software, Data, Procedures and People
moving from hardware to people correct answers (easiest to change is Hardware) Automation = moving work from people side to computer side
5 component frame work correct answers Data ...
CIS 2010 MSU Denver Test 1 || ALREADY PASSED!!
The 5 component frame work, must work together correct answers Hardware, Software, Data,
Procedures and People
moving from hardware to people correct answers (easiest to change is Hardware) Automation
= moving work from people side to computer side
5 component frame work correct answers Data = recorded facts or figures. DATA IS THE
Bridge that connects computer side and human side
Abstract Reasoning-make and manipulate model correct answers Non routine Cognitive skills
= systems thinking, abstract reasoning, ...
structured-understand and accept method for making a decision unstructured-no agreed upon
decision, iteration and feedback is crucial correct answers Decision Making - types of
decision making and decision making processes
Support day to day activities correct answers Operational decisions: they support day-to-day
activities.
allocation of resources, "how can we?" correct answers Managerial Decision: decisions on
the allocation and utilization of materials and labor.
support broad scope organization collaborative, "should we?" correct answers Strategic
Decision: The directors of a company meet to decide if they should start a new product line
or not.
shared calendars, virtual meetings, conference calls, multi-person chat, screen sharing, video
conferencing, webinars correct answers Types of Communications and tools for
communications (synchronous)
Harder for discussions to get off track correct answers Why are discussion forums better than
emails in asynchronous communications?
multi location correct answers Conference call is example of synchronous communications
Decisions at operational level are structured, Decisions at a strategic level are unstructured
Decisions at a managerial level are mixed correct answers When is collaboration used?
Project mgmt., decision making (need for collaboration greatest for Strategic decisions)
Project management; status reporting is done in the "doing" phrase of the project correct
answers When is the status reporting done?
IT determines the structure, features and functions of everyday information system correct
answers Competitive Strategy
Inbound logistics-retrieving storing disseminating inputs to the products. correct answers
Primary Activities
, Value chain activity that involves transforming raw materials into a finished product or
service correct answers Operations
Is a network of activities that generate value by transforming inputs into outputs correct
answers Porter's Value Chain
= interactions across value activities correct answers Linkages = interactions across value
activities
= difference between Value of activity - cost of activity correct answers Margin
= Network of activities that generate value by transforming inputs into outputs correct
answers Business Process
= the cost of the inputs + the cost of the activities correct answers The cost of the business
process
Bargaining power of customers (strong)
Threat of substitutions (medium)
Bargaining power of suppliers (weak)
Threat of new entrants (medium)
Rivalry (weak) correct answers Examples of strong and weak forces
Assess Industry Structure = power of suppliers, power of customers, threat of substitutes,
existing firm rivalry, threat of new entrants correct answers Porter's Five forces model to
(industry wide , market segment) X (cost, product/service differentiation) correct answers
Types of competitive strategy:
Enhances existing products,
Differentiates products
Locks in customers
Raises barriers to market entry
Increases profit margins by decreasing cost and errors correct answers How IT helps support
strategy?
= Locking in customers by making it difficult or expensive for customers to move to another
product. correct answers High switching costs
Personal computer, Tablet, smart phone, server, server farm correct answers Hardware
The number of of transistors per square inch on an iterated chip doubles every 18 months, or
the speed of a computer doubles every 18 months correct answers Moore's Law
Firmware is installed in read only memory in devices like printers correct answers What is
firmware?
operating systems (Windows, Linux), open source Software, application software (word,
excel) correct answers Examples of Software
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