Exam 1: Information Systems: An Overview

Which of the following is a software component of a management information system (MIS)?

Describe the threat of substitute products or services. Explain how organizations fight this threat.

_____ refers to building and integrating analytics capabilities into all everyday business activities.

In the context of information systems jobs, a database administrator is responsible for developing an entire information system by writing computer programs.

Truzan Creations, one of the leading names in the handicraft industry, recently launched a new artifact in the market. The company uses a database to store information on the number of products manufactured, the weekly sales, the list of suppliers, and the profits achieved. The process component of the information system is used to conduct analysis on the data to generate information about sales. Which of the following can be used by Truzan Creations to generate predictions for its next sales period?

_____ refers to building and integrating analytics capabilities into all everyday business activities.

A comprehensive framework called the _____was created by Harvard Business School's Michael Porter for analyzing an organization, its position in the marketplace, and how information systems could be used to make the organization more competitive.

Give an example of how a management information system (MIS) can be used in the public sector.

Discuss the impact of Internet growth in the future.

According to Porter's Five Forces Model, ____is low when customers have more options. ​

The threat of new entrants into the marketplace is high when duplicating a company's product or service is difficult.

Users need to be able to make use of _____, such as rumors, unconfirmed reports, and stories, when solving problems. ​

The purpose of an information system's _____ component is generating the most useful type of information for making decisions.

Which of the following decisions is supported by a financial information system (FIS)?

In the context of the data component of an information system, external data sources include _____.

In the context of using information technologies for a competitive advantage, explain the difference in focus for a bottom-line strategy and a top-line strategy.

Which of the following statements is true of the data component of an information system?

Briefly explain the purpose of an information system's process component.

In the context of information systems jobs, a database administrator is responsible for developing an entire information system by writing computer programs.

_____ is skill in using productivity software, such as word processors, spreadsheets, database management systems, and presentation software.