What accepts data as input? ✔✔information systems
There are different types of information systems based on the different levels of hierarchy in an
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organization. Which one helps senior executives analyze information and come up with alternate
actions and business strategies? ✔✔EIS executive information systems is at the top of the
hierarchy.
Businesses face difficult decisions regarding their hardware needs. Constant changes in
___________________________ can lead to obsolescence. ✔✔technology
One reason IT is important is because video conferencing has become cheaper, quicker, more
collaborative, and more efficient. Of what IT benefit is this an example? ✔✔communication
Information technology is used everywhere; where you work, where you live, and where you play.
Keeping track of financial information and making transfers at anytime, from home, without
waiting in line is an example of what? ✔✔online banking
One of the advantages of information systems for businesses is to take raw data and turn it into
information, and then transform that information into knowledge. The number of people in Florida
below the poverty line is an example of ✔✔data
Internal and external elements that effect various parts of an organization, for instance the
government, competitors, customers, and suppliers, are examples of what organizational feature?
✔✔environment
Most large corporations have several information systems to support their functional business
areas. The system that processes raw metal into car frame is... ✔✔manufacturing and production
Business strategy is how a business achieves its goals and outperforms its competitors. Strategic
Information Systems (SIS) are used to help companies accomplish business strategies. Some of
the initiatives for implementing an SIS include: ✔✔differentiating products, customer lock-in, and
barrier to competitors
What are examples of competitive forces? ✔✔new market entrants, substitute products, customers,
suppliers, competitive rivalry
What is a business ecosystem? ✔✔ [Show Less]