101 Midterm – Flashcards
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Which of the following is the correct hierarchy from the lowest level to the highest level?
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data, information, knowledge
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A purchase of books in the college bookstore is ______. The report at the end of the day showing sales totals for the day is ________.
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data, information
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A(n) _______ is a computer program designed to support a specific task or business process.
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Application
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Enterprise resource planning systems
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use a common database for all functional areas.
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A collection of related files, tables, and so on that stores data and the associations among them is _____.
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a database
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Two information systems that support the entire organization are:
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enterprise resource planning systems, transaction processing systems
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An information system that analyzes credit card applications and suggests approval or denial is a(n):
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expert system
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You have just been hired by the largest manufacturer in your area to join their management trainee program. You enjoyed your "computer course" in college and hope that you'll be able to put that knowledge to good use. Which of the following might you expect to do during the management training program?
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Become familiar with tools to support using data for decision making
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Market pressures include which of the following?
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the global economy
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Which of the following is not a response by organizations to business pressures?
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Delay releases of innovated products.
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Information-based industries are most susceptible to which one of Porter's five forces?
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threat of substitute products
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_____ is a feature that must be offered by a competing organization in order to survive in the marketplace.
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An entry barrier
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Buyer power is _____ when buyers have many choices from whom to buy and _____ when buyers have few choices.
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high, low
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If there are _____ substitutes for an organization's products or services, then the threat of substitutes is _____.
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many, high
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Walmart's automatic replenishment system, which enables the company to reduce inventory storage requirements, is an example of which strategy for competitive advantage?
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cost leadership
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Porter's _____ help(s) companies identify general strategies, whereas his _____ help(s) to identify specific activities where companies can use the strategies for greatest impact.
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competitive forces model, value chain model
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Ted works in his family's bakery business. They supply bread and rolls to neighboring restaurants, and have their own store-front where they sell breads, rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the store front (which seats about 15 people). This idea reflects which one of Porter's five competitive forces?
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rivalry among existing firms in an industry
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You have moved to a different apartment, but your electricity bill continues to be sent to your old address. The Post Office in your town has which problem with its data management?
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Data inconsistency
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In a database, the primary key field is used to _____.
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uniquely identify a record
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A standardized language used to manipulate data is _____.
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structured query language
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_____ is a method for analyzing and reducing a relational database to its most streamlined form
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Normalization
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The data in a data warehouse:
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are not updated.
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_____ is a formal approach to managing data consistently across an entire organization
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Data governance
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Tacit knowledge has which of the following characteristics?
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unstructured
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A(n) _____ connects two or more devices in a limited geographical area.
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Local area network
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The function of _____ is to convert digital signals to analog signals and vice-versa.
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Modems
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Data are sent through a fiber-optic cable by a(n) _______.
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Laser
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In order to ensure that computers developed by different manufacturers can communicate, _____ have been developed.
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Protocols
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In TCP/IP, IP is responsible for:
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Disassembling and reassembling of packets during transmission.
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Consider this domain name, www.business.gsu.edu. The "edu" is the _______.
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Top-level domain
