exam 1 refresh

Question 1

Digital Transformation

Answer 1

a process meant to improve properties with information, computing, communication and connectivity technologies

Question 2

Software Cake Layers

Answer 2

Hardware, OS, Apps, User

Question 3

Managerial Implications of Software:

Answer 3

Business demand, Legal Issues, Costs, Security

Question 4

Operating System

Answer 4

Common set of commands for writing programs

Question 5

Components of the Enterprise Resource Planning System

Answer 5

(SHIMPOD) Sales, HR, Inventory, Manufacturing, Purchasing, Order Tracking, Decision Support

Question 6

Enterprise software examples:

Answer 6

ERP (Enterprise Resource Planning), SCM, CRM, and BI

Question 7

What makes a platform more valuable?

Answer 7

More software applications

Question 8

3 System Logic Layers

Answer 8

User Interface, Business Logic, Database

Question 9

3 Advantages of DC

Answer 9

Fast, accurate, low-cost

Question 10

Programming Languages

Answer 10

C++, C#, Visual Basic, Java

Question 11

Scripting Languages

Answer 11

Python, R, VB Script, Java Script

Question 12

IDE

Answer 12

tool for editing, debugging and compiling

Question 13

What projects rarely succeed?

Answer 13

Info Systems Development Projects

Question 14

SMACIT

Answer 14

social, mobile, analytics, cloud, IoT

Question 15

Biggest cause of failure for digital transformation?

Answer 15

Lack of Goals

Question 16

New tech has:

Answer 16

Fueled globalization, redefined concepts, lowered costs, data-driven decision-making, automating work

Question 17

Sources of Switching Costs:

Answer 17

Learn and Search costs, Info/Data, Financial or Contratcual commitments, Loyalty Programs

Question 18

Network Effects

Answer 18

Product becomes more valuable as there are more users

Question 19

4th Industrial Revolution

Answer 19

Rapid change in technology, industries, and societal patterns and processes due to increasing interconnectivity and IT

Question 20

Competitive Advantages of FreshDirect:

Answer 20

Fast, Low-Cost, Fresh, Data Usage

Question 21

Cloud Computing is

Answer 21

On-demand delivery of IT resources over the internet

Question 22

Benefits of SAAS

Answer 22

(FLARP) Fast Deployment, Low Cost, Accessibility, Remote Access, Product Enhancement

Question 23

Risks of SAAS

Answer 23

Bankruptcy, Locked-In, Non-customizable, Non-substitutional, Reliance on Network

Question 24

What do you pay for when you use HAAS?

Answer 24

(PST) Processing, Storage, Telecommunication

Question 25

SAAS PROVIDER Managed Components

Answer 25

App, Data, Runtime, Middleware, OS, Virtualization, Storage, Servers

Question 26

Benefits of Cloud Computing:

Answer 26

(IFANS) Innovative, Financial Analysis, New Software

Question 27

Advantages of OSS

Answer 27

(CRASS) Cost, Reliability, Agility/Speed, Security, Scalability

Question 28

Secondary Value Components

Answer 28

procurement and purchasing, HR managing, technological development, and company infrastructure

Question 29

PDAs?

Answer 29

No, RFIDS

Question 30

Which country experienced a
devastating accident, killing hundreds of
workers in poor conditions?

Answer 30

Bangladesh

Question 31

What are potential threats Al pose?

Answer 31

Taking jobs, privacy concerns

Question 32

Which big firm invested $2 billion into Al
development?

Answer 32

KPMG