Tuesday, September 14, 2010

Chapter 4


1.      What is information technology and in what areas has it especially affected the economy? 
Information includes meaningful and useful interpretation of data and knowledge that can be used in making decisions.  Information is necessary for good decision making.  When information is properly understood, guidelines can be developed that help simplify and improve decisions in future similar circumstances.
2.      What is the purpose of an MIS? 
An MIS is used for organizing and transmitting data onto information that can be used for decision making.  The purpose is to obtain data from both internal and external sources to create information that is easily accessible and structured for user friendly communication to managers.
3.      What is the Internet? The World Wide Web? 
The Internet is the global information system that links many computer networks together.  The World Wide Web is a collection of interconnected Web sites or pages of text, graphics, audio, and video.
4.      Why did many early dot-coms fail? 
Because they thought the only thing that mattered was the brand awareness they created through advertising.
5.      What is the purpose of U.S. copyright laws? 
The purpose of U.S. copyright laws are there to protect original works in text form, pictures, movies, computer software, musical multimedia, and audio visual work.

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