Bsis 425:Economics Of Information Question Paper
Bsis 425:Economics Of Information
Course:Information Science
Institution: Kenya Methodist University question papers
Exam Year:2011
ECONOMICS OF INFORMATION (BSIS 425) 2nd Trimester 2011
FACULTY : COMPUTING AND INFORMATICS
DEPARTMENT : INFORMATION SCIENCE
TIME : 2 HOURS
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INSTRUCTIONS Answer THREE Questions in Section A and TWO Questions in Section B
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SECTION A
Question 1
Define the following terms in the context of economics of information:
a) Demand
b) Strategic intent
c) Mission statement
d) Information need
e) Objectives (10marks)
Question 2
Explain the need for the study of economics of information (10marks)
Question 3
Describe FIVE characteristics of a good library budget. (10marks)
Question 4
Briefly discuss the economic factors that determine the supply of newspapers and magazines in Kenya. (10marks)
SECTION B
Question 5
Using examples, discuss the economic value of publishing in Kenya. (20marks)
Question 6
Information specialists utilize competition to enhance profit and survival. Discuss this statement using examples familiar to you. (20marks)
Question 7
Discuss the indicators of good project implementation for school libraries in Kenya. (20marks)
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