Question 1

Understanding the implications of technological change allows for greater effectiveness of business professionals.

Accepted Answer

Technological change has a significant impact on businesses and industries, and understanding its implications can enable professionals to make informed decisions and adapt effectively. This can lead to greater efficiency, productivity, and success in the business world.

Question 2

A combination of business and technology skills can open a number of doors in the new Canadian economy.

Accepted Answer

The new Canadian economy is heavily driven by technology and innovation, and businesses need individuals who can navigate and utilize technology effectively while also understanding the business side of things. Therefore, having a combination of business and technology skills can definitely lead to a variety of opportunities and career paths.

Question 3

According to "Outlook on Human Resources in the ICT Labour Market: 2008 - 2015" satisfactory communications and other business skills are important core skills for individuals looking for a career in this industry sector.

Accepted Answer

The statement is true according to the report "Outlook on Human Resources in the ICT Labour Market: 2008 - 2015" which emphasizes the importance of satisfactory communications and other business skills as core skills for individuals pursuing a career in the ICT sector.

Question 4

Information systems exists to help businesses to

Accepted Answer

Information systems exist to help businesses achieve goals and objectives.

Question 5

Moore's Law states that the price of microprocessors will be cut in half every 12 months.

Accepted Answer

Moore's Law actually states that the number of transistors on a microchip will double approximately every 18-24 months, leading to an exponential growth in processing power. It does not specifically mention the price of microprocessors.

Question 6

Social Networking sites generate revenue through

Accepted Answer

Social networking sites generate revenue primarily through advertising. They allow businesses to promote their products and services to their users by displaying ads. The more users a site has, the more valuable it becomes to advertisers, leading to increased revenue for the site. Subscription fees and government subsidies are not common revenue sources for social networking sites, and while corporate sponsorship or partnerships are possible, they tend to be less common than advertising.

Question 7

Which of the following is not considered a function of a social networking site?

Accepted Answer

Social networking sites are primarily used for connecting and communicating with others online. While some sites may offer features such as video sharing or online marketplace for selling products, searching for new/unused books is not typically considered a function of social networking sites.

Question 8

What is an Information System?

Accepted Answer

An information system is a group of components that interact to produce information. While computer hardware and software are important components of an information system, they alone do not fully encompass the concept. Software development processes and frameworks for human-computer interaction can be parts of an information system but are not comprehensive definitions of it. An information gathering application is a specific type of software, which can be a component of an information system.

Question 9

According to Industry Canada,what were the revenues of the Canada's ICT sector in 2010?

Accepted Answer

In 2010, the revenues of Canada's ICT sector were reported to be approximately 162 billion dollars according to Industry Canada.

Question 10

Which of the following best describes the five-component framework of IS?

Accepted Answer

The five-component framework of IS includes hardware, software, data, procedures, and people.

Question 11

You can maximize the value of this course by personalizing the material

Accepted Answer

By personalizing the material, you can make it more relevant and applicable to your own situation, which can increase your understanding and retention of the material.

Question 12

Which of the following is an example of a social networking site?

Accepted Answer

Facebook is a social networking site, where users can connect and communicate with friends and family, join groups, and share information and media content. Youtube, Yahoo.ca, Wikipedia, and Google.ca are not primarily social networking sites.

Question 13

How does IT differ from IS?

Accepted Answer

IT refers to the methods, invention, standards, and products used to create, process, store, secure, and exchange data while IS refers to the overall system of hardware, software, data, procedures, and people that produce information. IT is a component of IS, but IS encompasses a broader spectrum of components than just IT. Additionally, IT cannot function without the other components of IS.

Question 14

The basic premise of Moore's law is

Accepted Answer

Moore's law is a prediction that the number of transistors on a computer chip will double every 18-24 months, which will lead to exponential growth in computing power. It is not directly related to making people more efficient, productive, or increasing computer memory size.

Question 15

What was the total number of Canadian workers employed by the ICT sector in 2010 according to Industry Canada?

Accepted Answer

According to Industry Canada, the total number of Canadian workers employed by the ICT sector in 2010 was 563,000.

Question 16

According to Industry Canada,the Canadian ICT sector in 2011 included over

Accepted Answer

In 2011, the Canadian ICT sector included over 32,000 companies according to Industry Canada.

Question 17

According to Industry Canada,the average annual growth rate in the Canadian ICT sector since 2002 has been around

Accepted Answer

The average annual growth rate in the Canadian ICT sector since 2002 has been around 4%, as reported by Industry Canada.

Question 18

This class is solely about learning how to use Excel and Access.

Accepted Answer

This statement cannot be verified as true without specifying which class is being referred to, and many classes cover a wide range of topics beyond just Excel and Access.

Question 19

As a business professional,one needs to look at information systems only through the lens of

Accepted Answer

It is important for a business professional to view information systems through the lens of business need since technology, cost savings, software, and business processes alone may not always meet the requirements of the business. The focus should be on how the information system can assist in achieving business goals and solving business problems.

Question 20

Which of the following is the federal government agency responsible for categorizing industry sectors and collecting information about them?

Accepted Answer

Industry Canada is responsible for categorizing industry sectors and collecting information about them. The other options listed are not relevant to this role.

Quiz 1: Information Systems and You