Midterm.docx - WEBSTERUNIVERSITY Center for Graduate and Professional Studies MID-TERM EXAM Chapters 1-6 Student Name Open Book Exam Student

Midterm.docx - WEBSTERUNIVERSITY Center for Graduate and...

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____________________________________ W E B S T E R U N I V E R S I T Y Center for Graduate and Professional Studies ____________________________________ MID-TERM EXAM Chapters 1-6 Student Name: Open Book Exam Student Instructions: Read the following questions carefully, and answer what the question is asking for: "What", "When", "Why”, “How Many" and provide examples where required. Use bullet format, short paragraphs (2-3 sentences), diagrams, figures, etc., with explanations to express your knowledge of the topic, concept, or process. Your answer should be no longer than one page for any of the questions. Each question answered correctly is worth between 10 and 25 points. This exam is worth 30 percent of your overall course grade. Partial credit may be awarded for partial answers, so don't leave any questions blank. _________________________ QUESTIONS _________________________ 1. (20) Jeannine Strothers, investments manager, has submitted numerous requests for a new investment tracking system. She needs to make quick decisions regarding possible investments and divestments. One hour can cost her thousands of dollars in profits for her company. She has finally given up on the IT Department for not giving her requests high enough priority to get service. Therefore, she goes to a computer store and buys a microcomputer along with spreadsheet, database, and word processing software. The computer store salesperson suggests that she build a database of her investments and options, subscribe to a computer investment databank (accessed via a modem in the microcomputer), feed data from her database and the bulletin board into the spreadsheet, play "what if" investment games on the spreadsheet, and then update the database to reflect her final decisions. The word processor will draw data from the database for form letters and mailing lists. After discussing her plans with Jeff, a systems analyst at another company, he suggests she take a systems analysis and design course before beginning to use the spreadsheet and database. Jeannine did not take Jeff's advice. She built a prototype of the new system, but she can't get top management to allow her to use it. And she's run into a number of other problems. First, the financial comptroller has been reevaluating company investment strategies and policies. Jeannine wasn't aware of that. The new system does not account for many of the policies that are being considered. Her staff has also rejected the investment and divestment orders generated by the system. She used Information Systems' existing file structure to design those orders, only to find out that her clerks had recently abandoned those files two because they didn't include the data necessary to execute order transactions.
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Her staff is also critical of the design, saying that minor mistakes send them off into the "twilight zone" with no easy way to recover. Additionally, some of her subordinate managers are insisting on graphic reports. Unfortunately, neither her database management nor spreadsheet package supports graphics. She's not sure how to convert the data of either package to a graphic format (assuming that it is even possible). To top off her problems, she isn't sure that her existing database structure can be
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