GRADED Activity 2 Part 1: Unit 3 (10 PTS) : Lesson 04 Video 01 Payback Period

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The IT department is responsible for output control and security measures



Many companies have installed diskless workstations
For more information on Input and Output Design: Lesson08 video05 Input Output
Mechanisms.mp4
GRADED Activity 2
Part 1: Unit 3(10 pts)
1.
What use does the internet have for you? Explain in 3-5 sentences.
2.
If you have a phone, a laptop, or any similar kinds of technology, which 2 apps or
softwares
do you use often to be more productive? Explain in no more than 3 sentences each
how
you think these apps or softwares work and what makes them useful for you.
Part 2: Unit 3 (15 pts)
1.
Information is commonly referred to as processed data, data being the raw material.
The
key factor here is that data needs to undergo certain processes before it becomes
information. With this in mind, give 5 examples of data being transformed into
information.
Present your work in a creative and concise output that organizes the data, the
process it
will undergo, and the resulting information.
2.
Think of any business around you (your bank, convenience store, etc.) and identify
ways
on how you think they can be more productive. Explain in 3-5 sentences.
Part 3: Unit 3 (5 pts)
1.
Computers perform many jobs that previously were performed by people. Will
computer
based transactions and expanded e-commerce eventually replace person to-person
contact? From a customer’s point of view, is this better? Why or why not?
2.
What types of information systems might a large company use?
Part 4: Unit 4 (10 pts)
Solve the following problem applying the method used in the video uploaded in your
powerpoint
presentation. You may check: Lesson 04 Video 01 Payback period
Problem. Assume the following cash flow for 2 projects. Assuming that the cash flows
are
occurring at the end of the year. Find the payback period for both these projects.
Year
Project 1
Project 2
0
1
2
-1000
600
400
-1000
100
40072
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3
4
5
200
200
100
600
600
700

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