MIS 535 Homework Week 1

This file of MIS 535 Homework Week 1 comprehends:

Which of the following choices may lead to competitive advantage (1) new products, services and business models, (2) charging less for superior products, (3) responding to customers in real time?An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to supportThe three activities in an information system that produce the information that organizations use to control operations areThe fundamental set of assumptions, values, and ways of doing things that has been accepted by most of a company's members is called itsThe average number of tickets sold daily online is an example ofNetworking and telecommunications technologies, along with computer hardware, software, data management technology, and the people required to run and manage them, constitute an organization'sLower global costs of labor haveWhat's new in MIS?Key corporate assets areEngineers, scientists, or architects who design new products or services for a firm belong to which level of a business hierarchy?What is the difference between the Internet and cloud computing?An exponential rate of innovation means thatIn a business hierarchy, the level that is responsible for monitoring the daily activities of the business isThe term management information systems designates a specific category of information systems servingTo monitor the status of internal operations and the firm's relations with the external environment, managers need _____ systems.Which systems are typically a major source of data for other systems?Decisions that are unique, rapidly changing, and not easily specified in advance are best suited to which type of system?Which systems are especially suited to situations in which the procedure for arriving at a solution may not be fully predefined in advance?Which systems are designed to span functional areas and focus on executing business processes across the firm?Today's companies need fewer levels of management because