Exam 1: Introduction to Information Systems

What is it called when an organization hires an outside company to perform some or all of a systems development project?

By adding a significant amount of value to their products and services, organizations ensure that they will exceed budgets and generate income losses.

According to Porter's five-forces model, the more these forces combine in any instance, the less likely it is that firms will seek competitive advantage and the less obvious the results of such an advantage will be.

What does user satisfaction with a computer system and the information the system generates often depend on?

What type of hardware are keyboards, automatic scanning devices, and equipment that can read magnetic ink characters?

A(n) ____________________ is an organized collection of facts and information, typically consisting of two or more related files.

While technologically advanced, e-commerce unfortunately offers few advantages for streamlining work activities.

Define the term information system and briefly identify its fundamental components.

What is competitive advantage? Identify five forces that cause firms to seek competitive advantage.

Jennifer is a business system analyst with Company X and she was given the responsibility to engage into a set of activities to create a new system.Jennifer has completed several tasks already and she is now ready to propose a solution to her manager.Which stage is she in?

The IS support organization is a multi-faceted group, providing user assistance in hardware and software acquisition and use, data administration, user training and assistance, and software development.

The Green Mile project has just successfully completed its penetration test and the business lead was pleased with the result.Which is the next stage for the project?

What consists of computer programs that govern the operation of the computer?

Computers are required to organize or process data.

Information systems can help bring new products and services in less time, thus reducing time to market.

Disruptive change often results in new, successful companies and offers consumers the potential of new products and services at reduced costs with superior performance.

What is the term used for the process of tracking stock indexes and markets, including purchasing large blocks of stocks, by computerized systems?

Customers, suppliers, managers, shareholders, and employees are all examples of ____________________ of the organization.

The value of information is directly linked to how it helps decision makers achieve which of the following?

Which of the following activities is part of the value chain of an organization?