CIS – Exam #4 (Ch. 13, 14, 15, 16) – Flashcards

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What is a challenge of sustaining technology?
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Provides a product that does not meet existing customers' future needs
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What is innovator's dilemma?
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Discusses how established companies can take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders
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What provides access to Internet information through documents including text, graphics, audio, and video files that use a special formatting language called HTML?
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WWW
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What is the buying and selling of goods and services over the Internet?
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Ecommerce
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Which of the following refers to the depth and breadth of details contained in a piece of textual, graphic, audio, or video information?
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Information richness
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What measures the number of people a firm can communicate with all over the world?
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Information reach
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Disruptive technology
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A new way of doing things that initially does not meet the needs of existing customers Apple Intel Phillips Petroleum
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Sustaining Technology
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Dell Produced an improved product customers are eager to buy, such as a faster car or larger hard drive General Motors Sears
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Information richness
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Refers to the depth and breadth of details contained in a piece of textual, graphic, audio, or video information
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Information Reach
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Measures the number of people a firm can communicate with all over the world
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Mass customization
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The ability of an organization to tailor its products or services to the customers' specifications
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Personalization
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Occurs when a company knows enough about a customer's likes and dislikes that it can fashion offers more likely to appeal to that person
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Long Tail
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Refers to the tail of a typical sales cycle
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Intermediaries
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Agents, software, or businesses that provide a trading infrastructure to bring buyers and sellers together
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Disintermediation
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Occurs when a business sells directly to the customer online and cuts out the intermediary
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Reintermediation
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Steps are added to the value chain as new players find ways to add value to the business process
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Cybermediation
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The creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness
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What applies to any business that sells its products or services to consumers over the Internet?
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B2C
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What applies to businesses buying from and selling to each other over the Internet?
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B2B
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Which of the following companies is an example of a pure-play or virtual business?
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Google
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Which of the following is one of the six ebusiness tools for connecting and communicating?
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Email
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Which of the following are the primary challenges to the ebusiness models?
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Protecting customers Adhering to taxation rules Providing security
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An ebusiness __________ is an approach to conducting electronic business by which a company can become a profitable business on the Internet.
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model
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Brick-and-mortar business
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a business that operates in a physical store without an internet presence TJ Maxx
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Click-and-mortar business
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A business that operates in a physical store and on the internet Barnes & Noble
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Pure-play business
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A business that operates on the internet without a physical store Google
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Search engine
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Website software that finds other pages based on keyword matching similar to Google.
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Search engine ranking
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Evaluates variables that search engines use to determine where a URL appears on the list of search results.
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Search engine optimization
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Combines art along with science to determine how to make URLs more attractive to search engines resulting in higher search engine ranking
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pay-per-call
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Generates revenue each time a user clicks on a link that takes the user directly to an online agent waiting for a call.
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pay-per-click
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Generates revenue each time a user clicks on a link to a retailer's website
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par-per-conversation
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Generates revenue each time a website visitor is converted to a custom
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The next generation of Internet use—a more mature, distinctive communications platform characterized by new qualities such as collaboration, sharing, and free—is known as ________.
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Web 2.0
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What is the system that consists of nonproprietary hardware and software based on publicly known standards that allows third parties to create add-on products to plug into or interoperate with the system?
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Open system
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What refers to any source code made available freely for any third party to review or modify?
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Open source
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Which of the below is not a characteristic associated with Mozilla Firefox?
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Mozilla Firefox is a prime example of a reputation system
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Which of the following is not an example of explicit knowledge?
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Employee opinion
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What are specific key words or phrases incorporated into website content for means of classification or taxonomy?
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Tags
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What is an online journal that allows users to post their comments, graphics, and video?
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Blog
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Which of the following is a key challenge associated with Business 2.0?
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Information vandalism
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What is the ability to purchase goods and service through a wireless Internet-enabled device?
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Mobile business
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Social media
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Refers to websites that rely on user participation and user-contributed content, such as Facebook, YouTube, and Digg
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Social network
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An application that connects people by matching profile information
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Social networking
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The practice of expanding your business and/or social contacts by constructing a personal network
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social networking analysis (SNA)
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Maps group contacts (personal and professional) identifying who knows each other and who works together
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Tags
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Specific keywords or phrases incorporated into website content for means of classification or taxonomy
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Social bookmarking
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Allows users to share, organize, search, and manage bookmarks
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Social tagging
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Describes the collaborative activity of marking shared online content with keywords or tags as a way to organize it for future navigation, filtering, or search
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Website bookmark
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A locally stored URL or the address of a file or Internet page saved as a shortcut
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Which of the following is an ebusiness marketing technique?
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Cookies pop-up ad banner ad
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What is the exact pattern of a consumer's navigation through a site?
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Clickstream data
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Which of the following is an example of a disruptive technology?
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Oracle's database software Sony's transistor-based consumer electronics Intel's low-end microprocessors
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Which of the following represents a form of disruptive technology?
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Enters the marketplace at the low end a new way of doing things that initially does not meet the needs of existing customers Tends to open new markets and destroy old ones.
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Which of the following is a challenge of sustaining technology?
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Provides a product that does not meet existing customers' future needs
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Which of the following is an example of a clickstream data metric?
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Dates and times of visits Number of customers with shopping carts The number of page views
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At a local marketing firm, Steve is the lead web developer and is responsible for working with customers on their web designs, development, and graphics. Which of the following would be a critical skill Steve must have to be able to perform his job?
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Understanding that he must create a unique domain name for each client Being able to work with HTML Understanding the World Wide Web and how hyperlinks work
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What is the ability of an organization to tailor its products or services to the customers' specifications?
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Mass customization
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Universities were among some of the first users of the Internet. What was the Internet first called?
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ARPANET
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Which of the following is not a reason for the explosive growth of the WWW?
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Digital Darwinism
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Which category below represents the three common forms of business operations, brick-and-mortar, click-and-mortar, and pure play?
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B2C
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For the past 20 years, Perry has been an owner of several Coldwell Banker Real Estate franchises. To increase business Perry spends a great deal of money marketing and advertising his businesses online. Perry decides he would like to move beyond just marketing and create an actual ebusiness that acts like a search engine but focuses on only the real estate industry. The main revenue source for Perry's ebusiness will be a charge of $50 a month for each property that is listed on the website. What is the primary revenue model for Perry's new business?
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Subscription fees
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What is the difference between a business model and an ebusiness model?
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A business model details how a company creates, delivers, and generates revenue. An ebusiness model does all of the same except on the Internet
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What is the ebusiness tool that can increase marketing reach and build customer loyalty through audio broadcasting?
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Podcasting
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What is a service that enables instant or real-time communication between people?
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IMing
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Which ebusiness tool increases the speed of business by allowing the transfer of documents with the same speed as the telephone?
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Email
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Which of the following represents businesses buying from and selling to each other over the Internet?
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B2B
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John and Jenny have been saving for two years to take their six children on a vacation to Disneyworld. They are surprised to find out that airline tickets are far more expensive than they had anticipated. They decide to try to find cheaper tickets on Priceline, where they are allowed to set their own price they are willing to pay for the airline tickets. What form of ebusiness model are John and Jenny using?
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C2B
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Illuminate Live is a lecture program used in schools and is considered a(n) _________ tool.
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web conferencing
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