Which is the most important component of an information system? Why?
What will be an ideal response?
People are part of every information system that they use. The user's mind and thinking are not merely a component of the information systems they use; they are the most important component. This is so because, even if users have the perfect information system, if they do not know what to do with the data that it produces, they are wasting both their time and money. The quality of users' thinking is what determines the quality of the information that is produced.
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Define and discuss the reproduction process.
What will be an ideal response?
In 1973, the following private-sector body was organized to set accounting standards in the United States:
a. the Financial Accounting Foundation. b. the Securities and Exchange Commission. c. the FASB d. the Accounting Principles Board
How can a firm utilize inventory performance measures to monitor and improve performance?
What will be an ideal response?
Jeff is a senior production associate at TruTech. He likes to give advice and encouragement to the junior associates to help guide them along their career paths. Because this is not a formal arrangement, Jeff would not be considered a mentor.
Answer the following statement true (T) or false (F)