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

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EXAM 1 Preparation Assembled by: Ted CamperAdapted 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 easy1/3 will be moderate1/3 will be hardEvery exam will be different with randomly assigned questionsYou may NOT use the book during the examYou may NOT work with a partner or a group on the examYou MAY use a 1 page 2 sided notes page.This page may be typedYou must turn in your notes sheet when you finish the exam.No 2 notes sheets may be identical.
Chapter 1What 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 termsinformation technologyandinformation systemsWhat is the five component model?
Chapter 1What is the difference between IT and IS?What is information?
Chapter 1What are the differences between routine and non-routine skills?
Chapter 2What is collaboration? Key characteristics and successful criteria of collaboration?
Successful outcomeGrowth in team capabilityMeaningful and satisfying experience
Chapter 2Understand 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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