Exam 1: The Importance of MIS

________ is defined as making a reasoned analysis of an opportunity, envisioning potential solutions, evaluating those possibilities, and developing the most promising ones, consistent with the resources one has.

Which is the most important component of an information system? Why?

Because of Moore's Law, any routine skill is liable to be outsourced to the lowest bidder.

Ordering additional hardware creates the least amount of organizational disruption compared to changes in the four components of an information system.

Which of the following statements is True about the quality of information?

According to Moore's Law, the ________.

According to the five-component framework, additional components are added to the existing component framework as the complexity of a system increases.

Which of the following types of skills is most likely to be outsourced to the lowest bidder?

Information technology and information systems are synonymous terms.

Good information is conceived from accurate, correct, and complete data.

In the five-component model of an information system, hardware and software are part of the human side.

Abstract reasoning is the ability to ________.

A student fills an online admission form to register for a particular course. This is an example of the ________ component of the information system.

Data is worth its cost when an appropriate relationship exists between the cost of data and its value.

How is information technology different from information systems?

Which of the following pairs of components constitutes the human side of information systems?

Globus Corp. uses a software tool to manage its supply chain. This software tool is an ________ of the company's information system.

Which of the following is an example of a low-tech information system?

Discuss the common definitions of information.

List and briefly explain the five-component model of an information system with examples.