Exam 1: The Information Age in Which You Live

Which of the following statements successfully differentiates the term MIS from IT?

The compilation of average SAT scores for students enrolled in your college, along with an analysis of enrollment information and a statistical analysis of these scores compared to competitive schools, is an example of _____.

Having an audio file that describes current environmental factors that you can listen to while walking to a meeting is an example of the quality attribute _____.

_____ is an approach in which you allocate in terms of percentages how you will spend your IT dollars on various types of business strategies.

Which term is used to describe the offering of equal or better quality products or services at a lesser price than your competitors?

If the marketing department were to pass information to the finance department, what type of information flow is this considered?

What does information granularity refer to?

If your business had two strategic initiatives this year. One initiative focused on improving customer satisfaction. The second focused on providing customers with their purchase history from any Internet site in the world. If you were to allocate 15% of your IT budget to the first initiative and 25% to the second initiative, what type of strategy are you applying?

Which of the following would not be investigated when a business was analyzing competitive pressures?

_____ is defined by Porter as offering the same or better quality product or service at a price that is less than what any of the competition is able to do.

Information exhibits high quality if there is a large amount of it.