Exam 1: Information Systems: an Overview

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Explain what a knowledge worker should know in understanding the role of information in generating and using business intelligence.

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To be useful,information systems should:

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Which of the following strategies is identified by Michael Porter for successfully competing in the marketplace?

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In the context of an information systems job,a chief technology officer (CTO) oversees long-range planning and keeps an eye on new developments in the field that can affect a company's success.

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Computers can be used in transaction-processing operations that involve enormous volumes of data.

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Which of the following statements is true of transaction-processing systems?

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A _____ is used for sales forecasting.

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In a management information system (MIS) application,processes are usually methods for performing a task.

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A personnel information system (PIS) helps in choosing the best job candidate.

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A database management system (DBMS) is used to create,organize,and manage databases.

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Microsoft Access is a(n) _____,which is used to create and manage a series of integrated files.

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Rivalry among existing competitors is high when many competitors occupy the same marketplace position.

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Human resource is the second most important resource after information in any organization.

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An effective financial information system (FIS) should provide timely,accurate,and integrated information about the marketing mix.

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Explain the difference in focus for a bottom-line strategy and a top-line strategy.

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Which of the following statements is true of data?

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

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Describe the factors affecting the usefulness of information.

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In the context of IT jobs,a _____ must have knowledge and understanding of data warehouse and data-mining tools.

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In designing a management information system (MIS),the first task is to clearly define the system's objectives.

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