MIS 2020 Exam 1

According to Moore’s Law, the

number of transistors per square inch on an integrated chip doubles every 18 months.

Metcalfe’s Laws

the value of a network is equal to the square of the number of users connected to it.

Someone tries novel promotional offers

experimentation

Bell’s Law

roughly every decade, a new, lower priced class of computers emerges

Nielsen’s law

a high end user’s connection speed grows by 50% per year

Systems Thinking

focuses on how interconnected parts interact to form a complex whole, rather than examining isolated pieces.

abstract reasoning

the ability to analyze visual or conceptual information, spot hidden patterns, and solve unfamiliar problems without relying on prior knowledge

collaboration

the process of two or more people, groups, or organizations working together to complete a task or achieve a shared goal.

the technology skills gap

the mismatch between the high level of tech skills demanded by employers and the low level of tech skills held by employees

under demand training

a flexible learning strategy that lets individuals access pre-recorded educational content, digital modules, and courses anytime and at their own pace.

social re-engineering

the deliberate effort by governments, organizations, or societies to reshape human behavior, cultural norms, and social structures using policy, technology, or systemic intervention.

the digital divide

the gap between people who have meaningful access to modern digital technology and the internet, and those who do not.

The storage disks in a computer are an example of the ________ component of information systems.

Hardware

Software Component

a set of instructions, data or programs used to operate computers and execute specific tasks.

intangible components

non physical resources that lack physical substance but provide long term economic value and a competitive edge to a business.

virtual components

3d parts or assemblies saved directly inside a main assembly file rather than as separate external files on your computer.

someone who follows step by step instructions follows the example of a what component of an information system.

procedure

data components

foundational building blocks used to collect, store, process, and govern data.

In the five-component model, the process of automation is a process of moving work from ________.

the human side to the computer side

what is a critical characteristic of good information

accuracy

Kevin is the manager over the southern part of the country. The administrative assistant provided him a report for the northern part of the country. Kevin thanked his assistant but noted the data was ________ because he only requested the report for his region.

not relevant

Competitive Strategy

a long term plan that helps a business outperform its rivals and deliver unique value to customers.

Competitive strategy determines what

goals and objectives, structure of the information system, and functions

Porters five forces model

a analyzes an industry’s competitive intensity and attractiveness, which directly determines profitability.

What is porter’s five forces model used to assess?

industry structure

A mining company develops a new processing technique using only light and patents the process. This situation is characterized by ________.

low threat of substitutions

The role of operations in a value chain

transforming inputs into the final products.

Inbound logistics

the network of activities involved in purchasing receiving transporting and storing raw materials or goods from supplies into a business.

outbound logistics

the process of storing, transporting, and delivering finished products from a business or warehouse to the end customer or retailer

Market research

systematic process of gathering, analyzing, and interpreting data about a target market, consumers, and competitors to guide business decisions

Linkages

a intercommunication that facilitates smooth operations, and minimum wastage.

Repository

an application which facilitates the easy storage and access of employee information like name, age, experience, and qualification for a organization.

Array

a data structure that stores a collection of items of the same data type sequentially in memory.

Data Mining

a fundamental category of BI analysis, uses statistical techniques and algorithms to find hidden patterns, correlations, and trends in large datasets for classification and prediction

Reporting

a fundamental category of BI analysis, sorts groups, and structures historical data to summarize past business events and performance

Big Data/OLAP

a fundamental category of BI analysis, processes massive or multi-dimensional datasets to allow interactive, dynamic analysis.

automation

the use of control systems, software, or machinery to operate equipment and execute tasks with minimal human intervention

Data Hiding

an object-oriented programming concept that restricts direct access to an objects internal data to protect its integrity

encapsulation

the process of building data and the methods that operate on that data into a single unit while hiding internal details from the outside

Metadata

refers to the source, format, assumptions and constraints, and other facts about the data

Data Mart

is a data collection, smaller than the data warehouse that addresses the needs of a particular department or functional area of the business

RFM Scoring

a data driven method used to rank and segment customers based on their recency, frequency, and monetary value purchasing behavior

RFM scoring

scale of 1-5 20% per number, so is recency is a 5, frequency is a 5 and monetary is a 5 the score would be 5-5-5

Unsupervised data mining statement

analysts do not create a model or hypothesis before running the analysis

Hadoop

includes a query language titles pig

MapReduce

a programming model and software framework used to process massive, muti-terabyte data sets in parallel across a large cluster of computers

OLAP

Online analytical processing

Neural network

is a computing system modelled after the human brain that is used to predict values and make classifications

Cloud computing

the on demand delivery of computing services including servers storage databases networking and software over the the internet on a pay as you go basis

Retooling

Because of artificial intelligence, jobs may go away but there will be new types of jobs for humans as long as companies and individuals participate in

The CPU stores the results of computations in

main memory

network card

a hardware component that connects a computer or server to a local network or the internet.

floppy disk

removable magnetic storage device made of a thin, flexible disk sealed inside a plastic shell, used to transfer and back up computer disks

secondary memory

non-volatile computer storage used to keep data and programs permanently, even when the device is powered off.

Which of the following is an example of nonvolatile memory?

optical disk

optical disc

a flat circular storage medium that uses laser light to read and write digital data.

system bus

the internal communication highway inside a computer that connects the central processing unit (CPU), main memory (ram) and in/output devices

Cache memory

a high speed temporary storage layer that keeps frequently accesed data close to the processor or application to reduced retrieval times and latency

mixed reality

a technology that blends the physical world with digital elements, allowing real and virtual objects to interact in real time.

virtually reality

a computer generated three dimensional environment that a person can explore and interact with as if it were real

reality

the state of things as they actually exist, not imagined, wished, or theorized

augmented reality

a technology that adds digital information like images, text, or 3d models directly onto your view of the real world in real time.

native applications

are programs that are written to use a particular operating system

browser application

a software program that runs inside a web browser and does not need to be installed on your computer or device

web application

a software program that runs on a remote server and is accessed through a web browser over the internet without requiring local installation

thin client application

a software program or lightweight setup that relies heavily on a central server to perform processing tasks, run applications and store data, using the local device only as a interface to display output and capture user input.

pc virtualization

a technology that lets your computer create multiple simulated, ioslated virtual machines (vm’s) that share the same physical hardware

server virutalization

uses software called a hypervisor to divide one physical computer into many independent virtual machines.

application virtualization

a software technology that separates a compute program from the underlying operating system so it can run without a full local installation

cloud computing

the on demand delivery of computing services including data storage servers data bases networking and software over the internet with pay as you go pricing

software license

a legal contract that gives you the right to use, modify, or share a software application while the creator keeps ownership of the code

software copyright

a legal right that automatically gives a programmer exclusive control to use, copy, distribute, and modify their written computer code.

software patent

pc virtualization protects a specific computer-implemented process, function or technical solution rather than the literal lines of source code.

software trademark

protects your programs name logo or brand identifier

machine code

cannot be modified by humans.