Test Bank For Essentials Of Mis, 11th Edition

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1Essentials of Management Information Systems, 11e(Laudon)Chapter 1Business Information Systems in Your Career1) Purchase of information systems and telecommunications equipment constituted more thanhalf of all capital investment in the United States in 2013.Answer: TRUEDiff: 2Page Ref:5AACSB: Information technologyCASE: Comprehension2) A business model describes how a company produces, delivers, and sells a product or serviceto create wealth.Answer: TRUEDiff: 1Page Ref:11AACSB: Application of knowledgeCASE: Comprehension3) Information systems consists of all the hardware and software that a firm needs to use in orderto achieve its business objectives.Answer: FALSEDiff: 2Page Ref:13AACSB: Information technologyCASE: Comprehension4) An extranet is a private intranet extended to authorized users outside the organization.Answer: TRUEDiff: 1Page Ref:17AACSB: Information technologyCASE: Comprehension5) Information systems literacy describes the behavioral approach to information systems, whilecomputer literacy describes the technical approach.Answer: FALSEDiff: 1Page Ref:15AACSB: Information technologyCASE: Comprehension6) The dimensions of information systems are people, organizations, and informationtechnology.Answer: TRUEDiff: 1Page Ref:15AACSB: Information technologyCASE: Comprehension

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