What is a computer network? Briefly explain the different components of a network.

What will be an ideal response?


A computer network consists of interlinked computers that exchange information. The typical organizationwide computing network that has emerged over time is a four-tier network solution that consists of "external" PDAs connected to desktops and laptops, and "internal" rack servers to a company's mainframe. The internal network is composed of "client" desktop and laptop PCs connected by ethernet to the company's system of rack servers. The client computers that are linked directly to a server constitute a local area network (LAN). Large companies that need immense processing power have a mainframe computer at the center or hub of the network that can quickly process vast amounts of information, issue commands, and coordinate computing devices at the other levels. The mainframe can also handle electronic communications between servers and PCs situated in different LANs, and the mainframe can connect to the mainframes of other companies. The mainframe is the master computer that controls the operations of all the other types of computers and digital devices as needed and can link them into one integrated system. It also provides the connection to the external IT networks outside the organization.

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Comprehensive income is

a. considered an appropriation of retained earnings when reported in the stockholders' equity section of the balance sheet. b. the result of all events and transactions that affect income during the accounting period that are reported on the income statement. c. reporting all items that are not under management's control on the statement of retained earnings. d. an all-inclusive approach to income that includes transactions that affect stockholders' equity with the exception of those transactions that affect owners.

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The standard overhead cost is the sum of the estimates of variable and fixed overhead costs in the next accounting period

Indicate whether the statement is true or false

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The person responsible for incorporation of a corporation is known as a(n) ________

A) promoter B) shareholder C) incorporator D) director

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Answer the following statement(s) true (T) or false (F)

1. Taking away a negative consequence in response to a positive behavior is called positive reinforcement. 2. If we apply a reward, we are using the concept of positive reinforcement. 3. Selecting the types of delivery for a training partly depends on what information is being transferred. game periods. 4. With management games, trainees work as a team to manage a simulated company over several 5. Employee development is the process of teaching employees the skills necessary to perform the present job only.

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