Chapter 1 Review Questions 1-17 on page 38
1. What is information system? What are some ways information systems are changing our lives? By definition, Information System is a set of interrelated components that collect, manipulate, store, and disseminate data and information and provide feedback mechanism to meet an objective. There are so many ways that information systems are changing our lives both in our personal lives and in the businesses and corporations that are around us. For example personally, I pay my SRP (Electric Bill), Utilities (Water, Trash, and Sewer), Cox Communications (internet), and check my bank account through Bank of America all online. This is done through the Information Systems that are available to consumers. Other examples for this realm would be GUI (Graphical User Interfaces) that directly connect with database storage systems, such as online surveys, Registration to EBay, yahoo, hotmail, facebook, and multiple other database systems that are available. 2. How is data different from information? Information from knowledge? Data consists of raw facts, such as a social security number, address, blood type, date of birth, and many others. Information is a collection of facts that are organized and processed so that they have additional value beyond the value of the individual facts. However, knowledge is just the awareness and understanding of a set of information and ways that the information can be useful to support specific tasks or conclude to a certain decision. 3. Describe the various types of data.
There are four different types of data:
Alphanumeric Data – shown through Numbers, letters, and other characters. Image Data – shown through Graphic images and pictures. Audio Data – shown through sound, noise, and/or tones. Video Data – shown through moving images and/or pictures. 4. What is the difference between efficiency and effectiveness? According to the definition behind these two terms, efficiency is a...
2.Why are informationsystem so essential for running and managing a business today?
* List six reasons why informationsystems are so important for business today.
(1) Operational excellence
(2) New products, services, and business models
(3) Customer and supplier intimacy
(4) Improved decision making
(5) Competitive advantage
Informationsystems are the foundation for conducting business today. In many industries, survival and even existence without extensive use of IT is inconceivable, and IT plays a critical role in increasing productivity. Although information technology has become more of a commodity, when coupled with complementary changes in organization and management, it can provide the foundation for new products, services, and ways of conducting business that provide firms with a strategic advantage.
3. What exactly is an informationsystem? How does it work? What are its management, organization and technology components?
* Define an informationsystem and describe the activities it performs.
An informationsystem is a set of interrelated components that work together to collect, process, store, and disseminate information to support...
... INFORMATIONSYSTEMS IN ORGANIZATIONS
Submission Due Date: FEBRUARY 9th, 2015
ASSIGNMENT FRONT SHEET
Student Name: DANIEL TUNDE-ILUROMI (2130620)
Instructor: Dr. FALEH ALSHAMERI
1- How does the use of the Internet, intranets, and extranets by companies today support their business processes and activities?
In a feat to succeed in the ever evolving and volatile competition of the contemporary global market, where the number of competitors within industries is rapidly rising, it has become imperative for businesses to restructure how they operate and how they use technologies like the internet, intranets and extranets to compete in transnational business. These technologies have modified the operation of business activities in business organizations (Bradley & Lee, 2007). Today, companies can link their offices and share data and information with much efficacy and efficiency. Nonetheless, over reliance on internet, intranets and extranets also leads to severe competition and rivalry in the marketplace for businesses. Hence, these technologies combined with new initiatives will transform their functions in the business world to aid the success of organizations and give them a competitive advantage (Nicole, 2015).
The system of collaboration in enterprises requires the utilization of software packages...
...1) Why are informationsystems (IS) essential in organizations?
Informationsystems are the modern approach to data organization. It allows an effective and efficient way to store, modify, retrieve and manipulate data and information for a specific business or organization.
2) Why do systems analysts need to know who the stakeholders are in the organization?
One of the major task and responsibilities of the system analyst is to bridge the connection of all the stakeholders in the organization. The system analyst has experience and/or knowledge in every perspective in a system and delivers their expertise in whatever section the analyst is analysing. Along with this, the system analyst must have good interpersonal communication and relation skills in order to have effective communication/relation with the stakeholders.
3) Who are the typical stakeholders in an informationsystem? What are they roles?
Besides the system analyst, the major players in an informationsystem is the project manager, the system owners, designers, builders and users.
The project manager is an experience professional who takes on the monitoring of the course of the project being in terms of scheduling and budget. The project manager also ensure...
Business Now: Change Is the Only Constant
What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why?
Factors that contribute to the rapid change of pace in a business include acceleration with entrepreneurships, understanding the market, conducting long term profits, evaluating risks, and also their business avoids pitfalls. The pace for a business will have their ups and down just like any other business, the acceleration of their pace will accelerate when the economy is doing well where people will put their time and money into it, but other times the pace will decrease when the economy isn’t producing enough for people to be able to give what they want to give into a business. So in all, the pace of a business is all in the hands of its consumers.
What role does entrepreneurship play in the economy? Who stands to gain from the success of individual entrepreneurs? How do other parties benefit?
The role that entrepreneurship plays in the economy is that it creates jobs for advertisers and contractors, which is essential for the economy. Entrepreneurship also drives up the standard of living, which leads to a higher quality of life that people can live in. These parties benefit from working together, by means that once the entrepreneurs come into an area to create jobs it then gives business the...
The financial statements most frequently provided include all of the following except the:
statement of retained earnings
An effective process of capital allocation is critical to a healthy economy, which:
promotes productivity, encourages innovation, provides an efficient and liquid market for buying and selling securities
Challenges facing financial accounting include all of the following except:
All of the following are objectives of financial reporting except to provide information:
about the management and major shareholders of an enterprise
Which one of the following organizations has not been instrumental in the development of financial accounting standards?
Which of the following was established by the federal government to help develop and standardize financial information presented to stockholders?
The first step taken in the establishment of a typical FASB statement is:
topics are identified and placed on the board's agenda.
The most authoritative source of GAAP among the following is FASB:
International Financial Reporting Standards (IFRS) are issued by the:
All of the following are true regarding iGAAP except:
iGAAP includes standards referred to as International Auditing Standards (IAS).
iGAAP is more "principle-based than U.S. GAAP.
GAAP standards are...
...Discussion Questions1. Discuss some of the challenges facing business today. Does information
technology play a role in these challenges? Explain.
The business world and society in general are undergoing phenomenal and sometimes
turbulent change. The “new economy” driven by the Internet has seen the rise of
entirely new businesses like Amazon.com, Yahoo, eBay, and of course Google. While
the “dot com bust” of 2000 saw the demise of thousands of Internet-oriented
businesses, the fact remains that most traditional “bricks and mortar” businesses have
been forced to transform themselves into some form of an “e-business” simply to
survive in this new era. The old cliché, that the only constant in business is change, is
still true except that changes occur at “Internet speed.” Information technology is at the
core of these radical Internet-driven changes. What implications does the “new
economy” have for accounting? Whether in an “old economy” business or a “new
economy” business, accounting information is intrinsic in most business processes.
All businesses must still capture, process, store, and report accounting and other
information about business processes to assess performance.
2. Giving examples, discuss how information technology is revolutionizing the
accounting function and what accountants do. Contrast accounting tasks before
and after the...
Which NTFS permission(s) should you assign if the user should be able to create folders and files and open files to read data, but not delete files.
To use Remote Desktop, the computer you access remotely can be running Windows 7 Home Premium or Windows 7 Professional.
Which statements is true about controlling access to folders and files?
Rights are assigned to accounts
Which of the following is NOT true about Group Policy?
All policies are applied before the logon screen appears
To which group does Windows give access to folders that you create which are not part of your user profile?
If you want to be able to power up a computer remotely, what feature should you use?
Which of the following is true about which folders to use to hold shared data when working with a workgroup?
Private data for each user should be kept in their c:\users folder
Which of the following is a task you CAN’T do from the IE General tab?
Disable file downloads
Which of the following is described as computer that intercepts requests that a browser makes of a server and can cache received content.
When mapping a drive, you can type in the path to the shared folder on the host computer. What is the syntax for the path?
Which type of permission should you set to control access to files and folders by local and network users?
NTFS on NTFS volumes only
Which built-in group might Windows...
...Chapter11. Which of the following statements accurately describe differences between a LAN and a WAN?
b. companies can use a Wan to connect remote locations, and a LAN can make a local connection in a building.
d. Only WANs require a CSU/DSU to be used on the ends of the cable
2. Network professionals belong to organizations that plan and define standards used in networking. Which of the following are recognized industry organizations?
3. Which of the following are true about router?
a. routers enable different IP networks or IP subnets to communicate with each other.
c. path selection is one of the main functions of a router.
e. routers have a central processing unit and memory.
4. Which of the following are main components of a router?
b. Flash memory
5. Which of the following statements describe the function of RAM in a router?
c. RAM stores the current configuration information.
e. RAM stores routing tables for the router.
6. Which of the following statements are true about DTE?
c. DTE usually resides on the customer's premises.
d. DTE is an acronym for data terminal equipment.
7. Which of the following statements are true about DCE?
b. DCE provides clocking to the DTE.
c. DCE is an acronym for data circuit-terminating equipment.
8. The term WAN refers to which layers of the OSI model?