IS4410 EXAM 1 Study Guide.pptx - EXAM 1 Preparation...

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EXAM 1 Preparation Assembled by: Ted Camper Adapted from Material from: Dr. Wagner, Janet Tran
What is Exam 1? Exam 1 will be 50 multiple choice questions randomly selected from a pool. 1/3 will be easy 1/3 will be moderate 1/3 will be hard Every exam will be different with randomly assigned questions You may NOT use the book during the exam You may NOT work with a partner or a group on the exam You MAY use a 1 page 2 sided notes page. This page may be typed You must turn in your notes sheet when you finish the exam. No 2 notes sheets may be identical.
Chapter 1 What is MIS (Management Information Systems) Future business professionals need to be able to assess, evaluate, and apply emerging information technology to business. the management and use of information systems that help organizations achieve their strategies . MIS is often confused with the closely related terms information technology and information systems What is the five component model?
Chapter 1 What is the difference between IT and IS? What is information?
Chapter 1 What are the differences between routine and non-routine skills?
Chapter 2 What is collaboration? Key characteristics and successful criteria of collaboration?
Successful outcome Growth in team capability Meaningful and satisfying experience
Chapter 2 Understand the different types of decisions. Operational decisions are those that support operational, day-to-day activities. Typical operational decisions are: How many widgets should we order from vendor A? Should we extend credit to vendor B? Which invoices should we pay today? Managerial decisions are decisions about the allocation and utilization of resources. Typical decisions are: How much should we budget for computer hardware and programs for department A next year? How many engineers should we assign to project B? How many square feet of warehouse space do we need for the coming year? Strategic decisions are those that support broad-scope, organizational issues. Typical decisions at the strategic level are: Should we start a new product line? Should we open a centralized warehouse in Tennessee? Should we acquire company A?
Chapter 2

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