When considering data and information:Ī) data is a collection of unorganized facts and information is data that has been transformed into something usefulī) data is unimportant and businesses should only consider informationĬ) data is critical when developing a solution to a problem while information should be considered only occasionallyĭ) data and information refer to the same thingĪ) a global computer system that is ultimately controlled by the U.S. Which of the following are types of information systems?Ī) the price structure of a firm’s goods and servicesī) the positive return on the investment of a firm’s resourcesĬ) derived from a firm’s marketing/promotional strategyĭ) the cost of implementing successful information systems within a firmĦ.

When considering explicit knowledge and tacit knowledge:Ī) explicit knowledge is readily codified and tacit knowledge is gained through experienceī) explicit knowledge is gained through experiences and tacit knowledge is readily codifiedĬ) explicit knowledge is rarely required by knowledge-enabled professionals and tacit knowledge is referenced in text booksĭ) explicit knowledge is more important to knowledge-enabled professionals and tacit knowledge is much less important and rarely usedĤ. Moore’s Law states that computing power roughly doubles every:ģ. n technology to:Ī) expand their market to customers around the globeī) find the lowest-cost suppliers regardless of locationĬ) create 24 hour business days by shuttling work across time zonesĭ) broaden the range of business activities across multiple nationsĢ.

Globalization suggests that modern businesses are using informatio. Norrie, Huber, Piercy, McKeown Introduction to Business Information Systems Second Canadian Editionġ. Norrie, Huber, Piercy, McKeown Introduction to Business Information Systems Second Canadian Edition TEST BANK_all chapters questions and answers.

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