MIS 180 Midterm- Judge all quiz questions – Flashcards

question
Which of the following is similar to focused strategy versus broad strategy?
answer
Niche market versus large market
question
Which of the followng is not a typical way that a company would duplicate a competitive advantage?
answer
Carrying large product inventories
question
Trina Hauger works for the Johnson electric as a corporate lawyer and part of her duties are to ensure the ethical and legal use of information within the company. Which of the following represents Trina's role at Johnson Electric?
answer
Chief Privacy Officer (CPO)
question
your boss, Kerry Miller, has asked you to analyze the soft-drink industry using Porter's Five Forces Model. Which of the following represents a threat of a new entrant in the soft-drink industry?
answer
Zevia Natural Diet Soda begins selling directly over the internet.
question
Information technology can enable departments to more efficiently and effectively perform their
answer
Business Operations
question
Which of the following provides an example of data?
answer
Who is customer number 12345XX?
question
Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?
answer
All of these
question
Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?
answer
Input, transform, output
question
Gina Brooks works for Aquarium retail services selling high-end saltwater fish and tank supplies. Aquarium retail services is the current market leader in Ginas city. Gina has recently been approached by deep blue incorporated with an opportunity to run its corporate nationwide marketing and sales division. Gina decides to jump at the opportunity! Deep Blue is attempting to gain a competitive ________ by stealing its competitors key employee.
answer
Advantage
question
Some industries competition is much more intense than others. Retail grocery stores such as Kroger, safeway, and albertstons in the united states experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of porters five forces.
answer
Rivalry among existing competitors.
question
When analyzing Porters three generic strategies for entering a market, if you have a focused strategy what market should you target?
answer
A niche market
question
According to Porter, companies that wish to dominate broad markets should operate using a ___________ Strategy.
answer
Cost leadership with a low cost
question
System is a collection of parts that link to achieve a common purpose. Systems thinking Is a way of monitoring _________.
answer
the entire system
question
As companies move from data to knowledge, they will start to include more and more variables of analysis resulting in better, more precise support for _____.
answer
Both A and B Decision making and Problem Solving
question
Which of the following provides an example of information?
answer
What is my worst-selling product?
question
Which of the following represents the definition of a variable?
answer
A data characteristic that stands for a value that changes or varies over time
question
Steve Jobs and Apple created a big advantage in the technology industry with the introduction of the iPod, iPhone, and iPad. What are these all examples of?
answer
First-Mover advantage, Competitive advantage, Competitive intelligence.
question
Which of the following offers an example where Porters Five Forces are mostly strong and the competition is high?
answer
A dog-walking business
question
MIS can be an important enabler of business success and innovation. Which of the following statements is accurate when referring to MIS.
answer
MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.
question
Shelby runs a hair salon. One of her tasks is to input positive and negative customer reviews into her computer system. What type of information is she gathering?
answer
Feedback
question
Which of the following is not considered a core driver of the information age?
answer
Competitive Intelligence
question
the sales department needs to rely on information from operations to understand _________.
answer
All of these (Sales needs to rely on information from operations to understand inventory, place orders, and forecast consumer demand.)
question
your boss, Tom Repicci, has asked you to analyze the airline industry using Porter's three generic strategies. Which of the following companies are using a focused strategy?
answer
Sky Taxi—a rent-by-the-hour personal plane service.
question
Shawn McGill is on the executive board for ABC pharmaceuticals. The company produces the number-one-selling cancer-fighting drug on the market. Due to its incredible success, ABC Pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill. Which force is ABC Pharmaceutical using to increase its drug price?
answer
Supplier power
question
Competitive intelligence is the process of gathering information about the competitive environment, including _________.
answer
Competitors' plans
question
Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model. Which of the following represents supplier power in the music industry?
answer
Established record labels like EMI, Sony, and Universal.
question
Updating business strategies is a continuous undertaking s internal and external environments ______.
answer
Rapidly change
question
When buyer power is low, supplier power is typically _____.
answer
high
question
According to Porter, companies that wish to dominate broad markets should operate using a ______ strategy.
answer
Cost leadership with a low cost
question
When analyzing the interrelationships between efficiency and effectiveness, where would a company ideally want to operate?
answer
all of these
question
An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager determine by changing revenue cost variables in an optimization analysis?
answer
Calculate the highest potential profits
question
Which of the following is not a feature of neural network?
answer
Neural networks can analyze linear relationships only
question
Which does not represent an example of a structured decision?
answer
Deciding to enter a new market
question
What is the primary goal of using As-Is and To-Be process models?
answer
To determine the problem and then how to solve it.
question
Several factors can accelerate the need for a company to make business improvement processes. What is the most prevalent factor?
answer
technology
question
What form of processes include loan processing for a bank, claims processing for an insurance company, reservation processing for a hotel, and baggage handling for an airline?
answer
industry-specific customer-facing processes
question
What is the process of learning form the ecosystems and adapting their characteristics to humans and organization situations?
answer
Biomimicry
question
What is the difference between the As-Is process model and the To-Be model?
answer
The AI model begins with what the problem is, the TB model displays how the problem will be solved
question
What would a company like eBay or Amazon be constantly benchmarking?
answer
MIS efficiency and MIS effectiveness
question
The accounting and finance department performs processes such as creating financial statements, paying accounts payables, and collecting accounts receivables. What form of processes do these represent?
answer
Business-Facing processes
question
Which of the following is not considered a part of decision-making at the managerial level?
answer
Developing overall business goals and objectives
question
When evaluating the six-step decision making process, what occurs during the problem identification step?
answer
The problem is defines as clearly and precisely as possible
question
Which industry has been relying on neural network technology for more than two decades?
answer
Finance
question
Which of the following are the four common types of effectiveness MIS metrics?
answer
Usability, Customer Satisfaction, Conversion rates, Financial
question
When considering the five steps of the order-to-delivery business process, creating campaigns and checking inventory are included in which of the following?
answer
Marketing
question
What is the flow that a systems thinking approach using a TPS would follow?
answer
Source documents (input) - CRUD, Calculate (process) - Reports (output) - (feedback)
question
Most business processes are cross-functional or cross-departmental processes that span the entire organization. Which of the following does not represent a cross-functional business process?
answer
Processing Payroll
question
which of the following would create transactional information?
answer
Making an airline reservation
question
market share measures a firms external performance relative to that of its competitors. Which of the following represents how a firm measures a market share?
answer
dividing the firms sales by the total market sales for the entire industry
question
which of the following does not represent an example of analytical information?
answer
unstructured long-term decisions
question
Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her companys market share. When evaluating the prior year numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Maries current market share?
answer
10%
question
What is the difference between customer-facing processes and business-facing processes?
answer
customer-facing processes are front-office processes, and business-facing processes are back-office processes
question
Which of the following processes focuses on the entire customer order process and operates across functional departments?
answer
Order to delivery process
question
Which of the following offers a disadvantage for working virtually?
answer
Increases in feelings of seclusion
question
What types of business decisions would an EIS use AI for?
answer
Unstructured Decisions
question
Chuck will be responsible for planning the project, managing the processes, and finalizing each new line as it is completed. How would you categorize the majority of the decisions Chuck will have to make to complete his job?
answer
Semi structured decisions
question
How does a DSS typically differ from an EIS?
answer
An EIS requires data from external sources to support unstructured decisions, where a DSS typically uses internal sources to support semi-structured decisions.
question
When evaluating the six-step decision making process, what occurs during the solution selection step?
answer
The solution that best solves the problem is selected
question
Andy Benton works at the local Starbucks coffee shop, and his responsibilities include taking orders, fulfilling orders, and ringing in sales. At what level of the organizational pyramid would you categorize Andy?
answer
Operational
question
Which of the following represents the primary forms of ebusiness?
answer
Content providers, infomediaries, online marketplaces, portals, service providers, transaction brokers
question
What is the difference between ecommerce and ebuisness?
answer
Ecommerce is buying and selling of goods online: ebuisness includes ecommerce and all activities related to internal and external business operations
question
What is the difference between a wiki and a blog?
answer
A wiki user can alter the original content of an article; a blog user can only add information as a comment
question
Which of the following is a challenge facing an ebuisness?
answer
Increasing liabilities
question
What are the four main types of ebusiness models?
answer
Business-to-business, business-to-consumer, consumer-to-business, consumer-to- consumer
question
What is a well-planned strategy that ensures the search and navigation functions are easy to use and user-friendly on a website?
answer
taxonomy
question
eBay buyers voluntarily comment to other users and sellers on the quality of service, promptness of shipping, and their general satisfaction with the product. This is one of the most popular examples of user-generated content and is called ________.
answer
Reputation system
question
Illuminate Live is a lecture program used in schools and is considered a ______ tool.
answer
Web conferencing
question
Which of the following is not a topic or a features that is included in Web 3.0?
answer
Social Networking
question
Which of the following represents the primary ebusiness revenue modles?
answer
Advertising fees, license fees, subscription fees, transaction fees, value-added services fees
question
Which of the following is not an example of a social bookmarking website?
answer
Facebook
question
Which of the following is not a reason for the explosive growth of the WWW?
answer
Digital Darwinism
question
What caused Polaroid to go bankrupt?
answer
One-hour film processing and digital cameras stole its market share
question
What are the three primary models that a Business-to-consumer can use to operate?
answer
Brick-and-mortar, click-and-mortar, virtual
question
Which of the following statements is inaccurate?
answer
Web 2.0 is a simple static website without any interaction with its users
question
Which of the following is not an ISF?
answer
Facebook
question
What is another name for an eshop?
answer
Estore or etailer
question
What is the website that was the primary catalyst for growing electronic government and is currently the official US gateway to all government information?
answer
FirstGov.gov
question
An API is a set of routines, protocols, and tools for __________?
answer
Building software applications
question
Which type of ebusiness model best describes Apple?
answer
Click-and-mortar
question
One of the most famous examples of wiki vandalism occurred when a false biography entry read the following:
answer
John Seigenthaler Sr. was assistant to Attorney General Robert F. Kennedy in the early 1960's and was involved in Kennedy's assassination as well as JFK's
question
Which ebusiness tool plays a crucial role in getting site visitors to view more than just the home page by providing clear navigation choices?
answer
CMS
question
Which of the following demonstrates potential issues with Business 2.0 and information vandalism?
answer
Open source allows anyone to be able to edit, damage, or destroy content
question
What are the two categories that include intellectual and knowledge-based assets?
answer
Explicit and Tacit knowledge
question
Which of the following is not a characteristic of Business 2.0?
answer
Web Browser
question
Which of the following is not an example of explicit knowledge?
answer
Employee opinion
question
Cell phone manufacturers often refer to their products as mobile devices. Which of the following would not be included in the folksonomy for a cell phone?
answer
Technology platform
question
What type of revenue generation model is Google using when it generates revenue by allowing advertisers to bid on common search terms?
answer
Adwords
question
What is the process that provides a user with permission including access levels and abilities such as file access, hours of access and amount of allocated storage space?
answer
Authorization
question
A company should be able to calculate the cost of downtime by which of the following?
answer
Per hour, day, and week
question
Which quadrant in the cost of downtime includes equipment rental, overtime costs, and travel expenses?
answer
Other expenses
question
What is a data file that identifies individuals or organizations online and is comparable to a digital signature?
answer
Digital certificate
question
What is a method for confirming users' identities?
answer
Authentication
question
What is forging of someone's identity for the purpose of fraud?
answer
Identity theft
question
Which of the following authentication method is 100% accurate?
answer
None of these
question
What must you do with antivirus software to make it protect effectively?
answer
Must frequently update it to protect against viruses
question
According to the ethical computer use policy, users should be ______ of the rules and, by agreeing to use the system on the basis, _______ to abide by the rules.
answer
Informed, Consent
question
Which of the following would you find in a typical internet use policy?
answer
All of these
question
To find out your company policy regarding such websites as YouTube, Facebook, and Twitter, you would have to refer the ______ policy.
answer
Social Media Policy
question
What is the primary difference between a worm and a virus?
answer
Virus must attach to something to spread, whereas a worm does not need to attach, in can tunnel into the computer
question
What is the difference between phishing and pharming?
answer
Phishing is a technique used to gain personal information for the purpose of identity theft, Pharming reroutes requests for legitimate websites to false websites
question
Which of the following should be included in a company email privacy policy?
answer
All of these
question
What is the one most common forms of computer vulnerabilities that can cause massive computer damage?
answer
Virus
question
what are the 6 different types of hackers?
answer
Black-hat, cracker, cyber terrorist, hactivist, script kiddies, white hat hackers
question
Employees need to understand that email privacy exists to an extent and that the corporate email is soley owned by _______?
answer
The company
question
What is the process that provides a user with permission including access levels and abilities such as file access hours of access and amount of allocated storage space?
answer
Authorization
question
What area of information security focuses on preventing identity theft, phishing, and pharming scams?
answer
Authentication and authorization
question
trust among companies, customers, partners, and suppliers is the support structure of which of the following?
answer
Ebusiness
question
Being redirected to a fake website similar to the actual website is an example of what?
answer
Pharming
question
What is an internet monitoring technique that captures keystrokes on their journey from the keyboard to the motherboard?
answer
Hardware key logger
question
The Optimal disaster recovery plan in terms of cost and time is where on the disaster recovery cost curve?
answer
Where the two cost effects intersect
question
Grid computing takes advantage of the available 75 percent of unused processing power of a computer and links thousands of individuals computers around the world, creating a _____.
answer
Virtual supercomputer
question
When building a scalable system that can support new company developments what are the key factors to consider?
answer
Anticipating expected and unexpected growth
question
Each year, businesses lose time and money because of system crashes. Which of the following offers the best way to protect a system from crashes and failures?
answer
...
question
The cloud computing service provider _______, specializes in word processor, spreadsheet, and online presentation tool services.
answer
Zoho Office
question
Cheap electricity is great for keeping business energy costs down, but this means that we have to rely more on ________ for power.
answer
Coal
question
What Characteristics support a sustainable MIS infrastructure?
answer
Grid computing, cloud computing, and virtualization
question
Currently, what percent of ewaste in the US is not recycled?
answer
80%
question
A disaster recovery plan contains a ________ that outlines the costs to support the plan.
answer
Disaster recovery cost curve
question
What chars the cost to the company of the unavailability of information and technology and the cost to the company of recovering from a disaster over time?
answer
Disaster recovery cost curve
question
What are the 3 pressures driving sustainable MIS infrastructure?
answer
Increase in electronic waste, energy waste, carbon emissions
question
What is a challenge for cloud computing that could cause employee performance to decrease?
answer
Required internet connectivity
question
Which characteristics support an information MIS infrastructure?
answer
Backup and recovery plan, disaster recovery plan, business continuity plan
question
According to the text which of the following does not benefit from smart grid computing?
answer
Comcast Cable's Grid
question
Where would you categorize the cloud computing benefits that include decreases in hardware, maintenance costs, and software updates?
answer
Increased storage capacity
question
What does the cloud computing service provider "Mozy" specialize in?
answer
Online computer backup services
question
Which characteristics support an agile MIS infrastructure?
answer
Accessibility, availability, maintainability, portability, reliability, scalability, usability
question
How can a company reduce the threat of substitute products or services?
answer
Offer additional value through wider product distribution. Offer less value, making the product far more generic and similar to the competition.
question
Which of the following is similar to focused strategy versus broad strategy?
answer
Niche market versus large market.
question
Which of the following is not a typical way that a company would duplicate a competitive advantage?
answer
Carrying large product inventories.
question
Some industries' competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter's five forces?
answer
Rivalry among existing competitors.
question
Competitive intelligence is the process of gathering information about the competitive environment, including _________.
answer
Competitors' plans.
question
Your boss, Kerry Miller, has asked you to analyze the soft-drink industry using Porter's Five Forces Model. Which of the following represents a threat of a new entrant in the soft-drink industry?
answer
Zevia Natural Diet Soda begins selling directly over the Internet.
question
Which of the following represents a reason that competitive advantages are typically temporary?
answer
The competitor will hire away your key employees. The competitor quickly seeks ways to duplicate your business operations. The competitor will purchase new technology.
question
Which of the following is not considered a core driver of the information age?
answer
Competitive Intelligence.
question
Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model. Which of the following represents the threat of substitute products or services in the music industry?
answer
Game systems like Wii, social networks like Facebook.
question
Data are useful for understanding individual sales, but to gain deeper insight into a business, data need to be turned into information. Which of the following offers an example of turning data into information?
answer
Who are my best customers? What is my best-selling product? What is my worst-selling product?
question
Review the following statements. Which one does not represent an example of a structured decision?
answer
Deciding to enter a new market
question
Which of the following is not a feature of a neural network?
answer
Neural networks can analyze linear relationships only.
question
Which of the following represents the four main steps in the business process reengineering?
answer
Set project scope, study competition, create new processes, and implement solution
question
Which of the following offers a disadvantage for working virtually?
answer
Increases in feelings of seclusion
question
Business process modeling, or mapping, is the activity of creating a detailed flowchart or process map of a work process that shows its inputs, tasks, and activities in a ________ sequence.
answer
Structured
question
What is the process of learning from ecosystems and adapting their characteristics to human and organization situations?
answer
Biomimicry
question
Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's market share. When evaluating the prior year numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Marie's current market share?
answer
10%
question
What is the primary goal of using As-Is and To-Be process models?
answer
To determine what the problem is and then how to solve the problem
question
Bob Silver loves playing a game called World of Warcraft, where he has the capability to create his own character and even his own life-like environment. Which AI system would you use to categorize World of Warcraft?
answer
Virtual reality
question
Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on _________.
answer
Understanding how successful a firm is at achieving its goals and objectives Analyzing if a firm is doing the right things Setting the right goals and ensuring they are accomplished
question
What is the primary way that social networks work?
answer
Connecting people by matching profile information
question
What do Netflix and Amazon use to drive their recommendation tools?
answer
User-generated content
question
What is the difference between a wiki and a blog?
answer
A wiki user can alter the original content of an article; a blog user can only add information as a comment.
question
Which of the following demonstrates potential issues with Business 2.0 and information vandalism?
answer
Open source allows anyone to be able to edit, damage, or destroy content
question
An API is a set of routines, protocols, and tools for ______________.
answer
Building software applications
question
All of the following are forms of ebusiness except ______________.
answer
Subscription fee
question
Which of the following is challenge of sustaining technology?
answer
Provides a product that does not meet existing customer's future needs
question
What is the ebusiness tool that can increase marketing reach and build customer loyalty through audio broadcasting?
answer
Podcasting
question
What are the three primary models that a B2C can use to operate?
answer
Brick-and-mortar, click-and-mortar, virtual
question
The Innovator's Dilemma suggests that established companies can take advantage of ___________ without hindering existing relationships with customers, partners, and stakeholders.
answer
Disruptive technology
question
In the information technology world, which of the following are examples of ethical issues that a company may have to manage?
answer
Employees copying and distributing company-owned software Employees searching other employees' private information without consent Employees intentionally creating or spreading viruses to confuse IT
question
What is a method for confirming users' identities?
answer
Authentication
question
According to the text, Visa created a program called Innovant. What was the primary purpose for Innovant?
answer
Information privacy policy
question
Which of the following is served as key evidence in many legal cases today and also provides a faster, easier way to search and organize paper documents?
answer
Digital information
question
What is the one of the most common forms of computer vulnerabilities that can cause massive computer damage?
answer
Virus
question
What is the most secure type of authentication?
answer
Something the user knows such as a user ID and password Something the user has such as a smart card or token Something that is part of the user such as a fingerprint or voice signature
question
What is a device that is around the same size as a credit card, containing embedded technologies that can store information and small amounts of software to perform some limited processing?
answer
Smart card
question
What type of Internet monitoring technique records information about a customer during a web surfing session, such as what websites were visited and how long the visit was, what ads were viewed, and what was purchased?
answer
Clickstream
question
What must you do with antivirus software to make it protect effectively?
answer
Must frequently update it to protect against viruses
question
Which of the following would not be found in a typical acceptable use policy?
answer
Not posting commercial messages to groups where the employee has received user consent
question
What is a challenge for cloud computing that could cause employee performance to decrease?
answer
Required Internet connectivity
question
According to the text, which of the following does not benefit from smart grid computing?
answer
Comcast Cable's grid
question
The cloud computing service provider ___________, specializes in word processor, spreadsheet, and online presentation tool services.
answer
Zoho office
question
When building a scalable system that can support new company developments what are the key factors to consider?
answer
Anticipating expected and unexpected growth
question
Grid computing takes advantage of the available 75 percent of unused processing power of a computer and links thousands of individual computers around the world, creating a (an) _______ that can process intensive tasks.
answer
Virtual supercomputer
question
What are the different options where an emergency notification service can be deployed?
answer
Through the firm's own infrastructure By an outside service provider on company premises By an outside service provider hosted remotely
question
Which of the following questions would a company need to answer when first establishing a backup and recovery plan?
answer
What types of storage mechanism will meet the needs of the company? How often does the company need to backup its information? What types of recovery systems does the company infrastructure need?
question
The optimal disaster recovery plan in terms of cost and time is where on the disaster recovery cost curve?
answer
Where the two cost effects intersect
question
What might change the way businesses operate, as well as the way people interact with technology?
answer
Cloud computing
question
A disaster recovery plan contains a _____________ that outlines the costs to support the plan.
answer
Disaster recovery cost curve
1 of

Unlock all answers in this set

Unlock answers
question
Which of the following is similar to focused strategy versus broad strategy?
answer
Niche market versus large market
question
Which of the followng is not a typical way that a company would duplicate a competitive advantage?
answer
Carrying large product inventories
question
Trina Hauger works for the Johnson electric as a corporate lawyer and part of her duties are to ensure the ethical and legal use of information within the company. Which of the following represents Trina's role at Johnson Electric?
answer
Chief Privacy Officer (CPO)
question
your boss, Kerry Miller, has asked you to analyze the soft-drink industry using Porter's Five Forces Model. Which of the following represents a threat of a new entrant in the soft-drink industry?
answer
Zevia Natural Diet Soda begins selling directly over the internet.
question
Information technology can enable departments to more efficiently and effectively perform their
answer
Business Operations
question
Which of the following provides an example of data?
answer
Who is customer number 12345XX?
question
Which of the following decisions does a firm need to make as soon as it has identified the activities from the value chain that are bringing the highest added value to their customers?
answer
All of these
question
Feedback is information that returns to its original transmitter and modifies the transmitter's actions. What would the original transmitter include?
answer
Input, transform, output
question
Gina Brooks works for Aquarium retail services selling high-end saltwater fish and tank supplies. Aquarium retail services is the current market leader in Ginas city. Gina has recently been approached by deep blue incorporated with an opportunity to run its corporate nationwide marketing and sales division. Gina decides to jump at the opportunity! Deep Blue is attempting to gain a competitive ________ by stealing its competitors key employee.
answer
Advantage
question
Some industries competition is much more intense than others. Retail grocery stores such as Kroger, safeway, and albertstons in the united states experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of porters five forces.
answer
Rivalry among existing competitors.
question
When analyzing Porters three generic strategies for entering a market, if you have a focused strategy what market should you target?
answer
A niche market
question
According to Porter, companies that wish to dominate broad markets should operate using a ___________ Strategy.
answer
Cost leadership with a low cost
question
System is a collection of parts that link to achieve a common purpose. Systems thinking Is a way of monitoring _________.
answer
the entire system
question
As companies move from data to knowledge, they will start to include more and more variables of analysis resulting in better, more precise support for _____.
answer
Both A and B Decision making and Problem Solving
question
Which of the following provides an example of information?
answer
What is my worst-selling product?
question
Which of the following represents the definition of a variable?
answer
A data characteristic that stands for a value that changes or varies over time
question
Steve Jobs and Apple created a big advantage in the technology industry with the introduction of the iPod, iPhone, and iPad. What are these all examples of?
answer
First-Mover advantage, Competitive advantage, Competitive intelligence.
question
Which of the following offers an example where Porters Five Forces are mostly strong and the competition is high?
answer
A dog-walking business
question
MIS can be an important enabler of business success and innovation. Which of the following statements is accurate when referring to MIS.
answer
MIS is a valuable tool that can leverage the talents of people who know how to use and manage it effectively.
question
Shelby runs a hair salon. One of her tasks is to input positive and negative customer reviews into her computer system. What type of information is she gathering?
answer
Feedback
question
Which of the following is not considered a core driver of the information age?
answer
Competitive Intelligence
question
the sales department needs to rely on information from operations to understand _________.
answer
All of these (Sales needs to rely on information from operations to understand inventory, place orders, and forecast consumer demand.)
question
your boss, Tom Repicci, has asked you to analyze the airline industry using Porter's three generic strategies. Which of the following companies are using a focused strategy?
answer
Sky Taxi—a rent-by-the-hour personal plane service.
question
Shawn McGill is on the executive board for ABC pharmaceuticals. The company produces the number-one-selling cancer-fighting drug on the market. Due to its incredible success, ABC Pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill. Which force is ABC Pharmaceutical using to increase its drug price?
answer
Supplier power
question
Competitive intelligence is the process of gathering information about the competitive environment, including _________.
answer
Competitors' plans
question
Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model. Which of the following represents supplier power in the music industry?
answer
Established record labels like EMI, Sony, and Universal.
question
Updating business strategies is a continuous undertaking s internal and external environments ______.
answer
Rapidly change
question
When buyer power is low, supplier power is typically _____.
answer
high
question
According to Porter, companies that wish to dominate broad markets should operate using a ______ strategy.
answer
Cost leadership with a low cost
question
When analyzing the interrelationships between efficiency and effectiveness, where would a company ideally want to operate?
answer
all of these
question
An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager determine by changing revenue cost variables in an optimization analysis?
answer
Calculate the highest potential profits
question
Which of the following is not a feature of neural network?
answer
Neural networks can analyze linear relationships only
question
Which does not represent an example of a structured decision?
answer
Deciding to enter a new market
question
What is the primary goal of using As-Is and To-Be process models?
answer
To determine the problem and then how to solve it.
question
Several factors can accelerate the need for a company to make business improvement processes. What is the most prevalent factor?
answer
technology
question
What form of processes include loan processing for a bank, claims processing for an insurance company, reservation processing for a hotel, and baggage handling for an airline?
answer
industry-specific customer-facing processes
question
What is the process of learning form the ecosystems and adapting their characteristics to humans and organization situations?
answer
Biomimicry
question
What is the difference between the As-Is process model and the To-Be model?
answer
The AI model begins with what the problem is, the TB model displays how the problem will be solved
question
What would a company like eBay or Amazon be constantly benchmarking?
answer
MIS efficiency and MIS effectiveness
question
The accounting and finance department performs processes such as creating financial statements, paying accounts payables, and collecting accounts receivables. What form of processes do these represent?
answer
Business-Facing processes
question
Which of the following is not considered a part of decision-making at the managerial level?
answer
Developing overall business goals and objectives
question
When evaluating the six-step decision making process, what occurs during the problem identification step?
answer
The problem is defines as clearly and precisely as possible
question
Which industry has been relying on neural network technology for more than two decades?
answer
Finance
question
Which of the following are the four common types of effectiveness MIS metrics?
answer
Usability, Customer Satisfaction, Conversion rates, Financial
question
When considering the five steps of the order-to-delivery business process, creating campaigns and checking inventory are included in which of the following?
answer
Marketing
question
What is the flow that a systems thinking approach using a TPS would follow?
answer
Source documents (input) - CRUD, Calculate (process) - Reports (output) - (feedback)
question
Most business processes are cross-functional or cross-departmental processes that span the entire organization. Which of the following does not represent a cross-functional business process?
answer
Processing Payroll
question
which of the following would create transactional information?
answer
Making an airline reservation
question
market share measures a firms external performance relative to that of its competitors. Which of the following represents how a firm measures a market share?
answer
dividing the firms sales by the total market sales for the entire industry
question
which of the following does not represent an example of analytical information?
answer
unstructured long-term decisions
question
Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her companys market share. When evaluating the prior year numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Maries current market share?
answer
10%
question
What is the difference between customer-facing processes and business-facing processes?
answer
customer-facing processes are front-office processes, and business-facing processes are back-office processes
question
Which of the following processes focuses on the entire customer order process and operates across functional departments?
answer
Order to delivery process
question
Which of the following offers a disadvantage for working virtually?
answer
Increases in feelings of seclusion
question
What types of business decisions would an EIS use AI for?
answer
Unstructured Decisions
question
Chuck will be responsible for planning the project, managing the processes, and finalizing each new line as it is completed. How would you categorize the majority of the decisions Chuck will have to make to complete his job?
answer
Semi structured decisions
question
How does a DSS typically differ from an EIS?
answer
An EIS requires data from external sources to support unstructured decisions, where a DSS typically uses internal sources to support semi-structured decisions.
question
When evaluating the six-step decision making process, what occurs during the solution selection step?
answer
The solution that best solves the problem is selected
question
Andy Benton works at the local Starbucks coffee shop, and his responsibilities include taking orders, fulfilling orders, and ringing in sales. At what level of the organizational pyramid would you categorize Andy?
answer
Operational
question
Which of the following represents the primary forms of ebusiness?
answer
Content providers, infomediaries, online marketplaces, portals, service providers, transaction brokers
question
What is the difference between ecommerce and ebuisness?
answer
Ecommerce is buying and selling of goods online: ebuisness includes ecommerce and all activities related to internal and external business operations
question
What is the difference between a wiki and a blog?
answer
A wiki user can alter the original content of an article; a blog user can only add information as a comment
question
Which of the following is a challenge facing an ebuisness?
answer
Increasing liabilities
question
What are the four main types of ebusiness models?
answer
Business-to-business, business-to-consumer, consumer-to-business, consumer-to- consumer
question
What is a well-planned strategy that ensures the search and navigation functions are easy to use and user-friendly on a website?
answer
taxonomy
question
eBay buyers voluntarily comment to other users and sellers on the quality of service, promptness of shipping, and their general satisfaction with the product. This is one of the most popular examples of user-generated content and is called ________.
answer
Reputation system
question
Illuminate Live is a lecture program used in schools and is considered a ______ tool.
answer
Web conferencing
question
Which of the following is not a topic or a features that is included in Web 3.0?
answer
Social Networking
question
Which of the following represents the primary ebusiness revenue modles?
answer
Advertising fees, license fees, subscription fees, transaction fees, value-added services fees
question
Which of the following is not an example of a social bookmarking website?
answer
Facebook
question
Which of the following is not a reason for the explosive growth of the WWW?
answer
Digital Darwinism
question
What caused Polaroid to go bankrupt?
answer
One-hour film processing and digital cameras stole its market share
question
What are the three primary models that a Business-to-consumer can use to operate?
answer
Brick-and-mortar, click-and-mortar, virtual
question
Which of the following statements is inaccurate?
answer
Web 2.0 is a simple static website without any interaction with its users
question
Which of the following is not an ISF?
answer
Facebook
question
What is another name for an eshop?
answer
Estore or etailer
question
What is the website that was the primary catalyst for growing electronic government and is currently the official US gateway to all government information?
answer
FirstGov.gov
question
An API is a set of routines, protocols, and tools for __________?
answer
Building software applications
question
Which type of ebusiness model best describes Apple?
answer
Click-and-mortar
question
One of the most famous examples of wiki vandalism occurred when a false biography entry read the following:
answer
John Seigenthaler Sr. was assistant to Attorney General Robert F. Kennedy in the early 1960's and was involved in Kennedy's assassination as well as JFK's
question
Which ebusiness tool plays a crucial role in getting site visitors to view more than just the home page by providing clear navigation choices?
answer
CMS
question
Which of the following demonstrates potential issues with Business 2.0 and information vandalism?
answer
Open source allows anyone to be able to edit, damage, or destroy content
question
What are the two categories that include intellectual and knowledge-based assets?
answer
Explicit and Tacit knowledge
question
Which of the following is not a characteristic of Business 2.0?
answer
Web Browser
question
Which of the following is not an example of explicit knowledge?
answer
Employee opinion
question
Cell phone manufacturers often refer to their products as mobile devices. Which of the following would not be included in the folksonomy for a cell phone?
answer
Technology platform
question
What type of revenue generation model is Google using when it generates revenue by allowing advertisers to bid on common search terms?
answer
Adwords
question
What is the process that provides a user with permission including access levels and abilities such as file access, hours of access and amount of allocated storage space?
answer
Authorization
question
A company should be able to calculate the cost of downtime by which of the following?
answer
Per hour, day, and week
question
Which quadrant in the cost of downtime includes equipment rental, overtime costs, and travel expenses?
answer
Other expenses
question
What is a data file that identifies individuals or organizations online and is comparable to a digital signature?
answer
Digital certificate
question
What is a method for confirming users' identities?
answer
Authentication
question
What is forging of someone's identity for the purpose of fraud?
answer
Identity theft
question
Which of the following authentication method is 100% accurate?
answer
None of these
question
What must you do with antivirus software to make it protect effectively?
answer
Must frequently update it to protect against viruses
question
According to the ethical computer use policy, users should be ______ of the rules and, by agreeing to use the system on the basis, _______ to abide by the rules.
answer
Informed, Consent
question
Which of the following would you find in a typical internet use policy?
answer
All of these
question
To find out your company policy regarding such websites as YouTube, Facebook, and Twitter, you would have to refer the ______ policy.
answer
Social Media Policy
question
What is the primary difference between a worm and a virus?
answer
Virus must attach to something to spread, whereas a worm does not need to attach, in can tunnel into the computer
question
What is the difference between phishing and pharming?
answer
Phishing is a technique used to gain personal information for the purpose of identity theft, Pharming reroutes requests for legitimate websites to false websites
question
Which of the following should be included in a company email privacy policy?
answer
All of these
question
What is the one most common forms of computer vulnerabilities that can cause massive computer damage?
answer
Virus
question
what are the 6 different types of hackers?
answer
Black-hat, cracker, cyber terrorist, hactivist, script kiddies, white hat hackers
question
Employees need to understand that email privacy exists to an extent and that the corporate email is soley owned by _______?
answer
The company
question
What is the process that provides a user with permission including access levels and abilities such as file access hours of access and amount of allocated storage space?
answer
Authorization
question
What area of information security focuses on preventing identity theft, phishing, and pharming scams?
answer
Authentication and authorization
question
trust among companies, customers, partners, and suppliers is the support structure of which of the following?
answer
Ebusiness
question
Being redirected to a fake website similar to the actual website is an example of what?
answer
Pharming
question
What is an internet monitoring technique that captures keystrokes on their journey from the keyboard to the motherboard?
answer
Hardware key logger
question
The Optimal disaster recovery plan in terms of cost and time is where on the disaster recovery cost curve?
answer
Where the two cost effects intersect
question
Grid computing takes advantage of the available 75 percent of unused processing power of a computer and links thousands of individuals computers around the world, creating a _____.
answer
Virtual supercomputer
question
When building a scalable system that can support new company developments what are the key factors to consider?
answer
Anticipating expected and unexpected growth
question
Each year, businesses lose time and money because of system crashes. Which of the following offers the best way to protect a system from crashes and failures?
answer
...
question
The cloud computing service provider _______, specializes in word processor, spreadsheet, and online presentation tool services.
answer
Zoho Office
question
Cheap electricity is great for keeping business energy costs down, but this means that we have to rely more on ________ for power.
answer
Coal
question
What Characteristics support a sustainable MIS infrastructure?
answer
Grid computing, cloud computing, and virtualization
question
Currently, what percent of ewaste in the US is not recycled?
answer
80%
question
A disaster recovery plan contains a ________ that outlines the costs to support the plan.
answer
Disaster recovery cost curve
question
What chars the cost to the company of the unavailability of information and technology and the cost to the company of recovering from a disaster over time?
answer
Disaster recovery cost curve
question
What are the 3 pressures driving sustainable MIS infrastructure?
answer
Increase in electronic waste, energy waste, carbon emissions
question
What is a challenge for cloud computing that could cause employee performance to decrease?
answer
Required internet connectivity
question
Which characteristics support an information MIS infrastructure?
answer
Backup and recovery plan, disaster recovery plan, business continuity plan
question
According to the text which of the following does not benefit from smart grid computing?
answer
Comcast Cable's Grid
question
Where would you categorize the cloud computing benefits that include decreases in hardware, maintenance costs, and software updates?
answer
Increased storage capacity
question
What does the cloud computing service provider "Mozy" specialize in?
answer
Online computer backup services
question
Which characteristics support an agile MIS infrastructure?
answer
Accessibility, availability, maintainability, portability, reliability, scalability, usability
question
How can a company reduce the threat of substitute products or services?
answer
Offer additional value through wider product distribution. Offer less value, making the product far more generic and similar to the competition.
question
Which of the following is similar to focused strategy versus broad strategy?
answer
Niche market versus large market.
question
Which of the following is not a typical way that a company would duplicate a competitive advantage?
answer
Carrying large product inventories.
question
Some industries' competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter's five forces?
answer
Rivalry among existing competitors.
question
Competitive intelligence is the process of gathering information about the competitive environment, including _________.
answer
Competitors' plans.
question
Your boss, Kerry Miller, has asked you to analyze the soft-drink industry using Porter's Five Forces Model. Which of the following represents a threat of a new entrant in the soft-drink industry?
answer
Zevia Natural Diet Soda begins selling directly over the Internet.
question
Which of the following represents a reason that competitive advantages are typically temporary?
answer
The competitor will hire away your key employees. The competitor quickly seeks ways to duplicate your business operations. The competitor will purchase new technology.
question
Which of the following is not considered a core driver of the information age?
answer
Competitive Intelligence.
question
Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces Model. Which of the following represents the threat of substitute products or services in the music industry?
answer
Game systems like Wii, social networks like Facebook.
question
Data are useful for understanding individual sales, but to gain deeper insight into a business, data need to be turned into information. Which of the following offers an example of turning data into information?
answer
Who are my best customers? What is my best-selling product? What is my worst-selling product?
question
Review the following statements. Which one does not represent an example of a structured decision?
answer
Deciding to enter a new market
question
Which of the following is not a feature of a neural network?
answer
Neural networks can analyze linear relationships only.
question
Which of the following represents the four main steps in the business process reengineering?
answer
Set project scope, study competition, create new processes, and implement solution
question
Which of the following offers a disadvantage for working virtually?
answer
Increases in feelings of seclusion
question
Business process modeling, or mapping, is the activity of creating a detailed flowchart or process map of a work process that shows its inputs, tasks, and activities in a ________ sequence.
answer
Structured
question
What is the process of learning from ecosystems and adapting their characteristics to human and organization situations?
answer
Biomimicry
question
Anne-Marie Cole runs the sales division for a local auto insurance firm. One of her key duties is to calculate her company's market share. When evaluating the prior year numbers, she found that her firm achieved total sales of $3 million and the entire industry had $30 million in sales. What is Anne-Marie's current market share?
answer
10%
question
What is the primary goal of using As-Is and To-Be process models?
answer
To determine what the problem is and then how to solve the problem
question
Bob Silver loves playing a game called World of Warcraft, where he has the capability to create his own character and even his own life-like environment. Which AI system would you use to categorize World of Warcraft?
answer
Virtual reality
question
Efficiency MIS metrics focus on the extent to which a firm is using its resources in an optimal way, while effectiveness MIS metrics focus on _________.
answer
Understanding how successful a firm is at achieving its goals and objectives Analyzing if a firm is doing the right things Setting the right goals and ensuring they are accomplished
question
What is the primary way that social networks work?
answer
Connecting people by matching profile information
question
What do Netflix and Amazon use to drive their recommendation tools?
answer
User-generated content
question
What is the difference between a wiki and a blog?
answer
A wiki user can alter the original content of an article; a blog user can only add information as a comment.
question
Which of the following demonstrates potential issues with Business 2.0 and information vandalism?
answer
Open source allows anyone to be able to edit, damage, or destroy content
question
An API is a set of routines, protocols, and tools for ______________.
answer
Building software applications
question
All of the following are forms of ebusiness except ______________.
answer
Subscription fee
question
Which of the following is challenge of sustaining technology?
answer
Provides a product that does not meet existing customer's future needs
question
What is the ebusiness tool that can increase marketing reach and build customer loyalty through audio broadcasting?
answer
Podcasting
question
What are the three primary models that a B2C can use to operate?
answer
Brick-and-mortar, click-and-mortar, virtual
question
The Innovator's Dilemma suggests that established companies can take advantage of ___________ without hindering existing relationships with customers, partners, and stakeholders.
answer
Disruptive technology
question
In the information technology world, which of the following are examples of ethical issues that a company may have to manage?
answer
Employees copying and distributing company-owned software Employees searching other employees' private information without consent Employees intentionally creating or spreading viruses to confuse IT
question
What is a method for confirming users' identities?
answer
Authentication
question
According to the text, Visa created a program called Innovant. What was the primary purpose for Innovant?
answer
Information privacy policy
question
Which of the following is served as key evidence in many legal cases today and also provides a faster, easier way to search and organize paper documents?
answer
Digital information
question
What is the one of the most common forms of computer vulnerabilities that can cause massive computer damage?
answer
Virus
question
What is the most secure type of authentication?
answer
Something the user knows such as a user ID and password Something the user has such as a smart card or token Something that is part of the user such as a fingerprint or voice signature
question
What is a device that is around the same size as a credit card, containing embedded technologies that can store information and small amounts of software to perform some limited processing?
answer
Smart card
question
What type of Internet monitoring technique records information about a customer during a web surfing session, such as what websites were visited and how long the visit was, what ads were viewed, and what was purchased?
answer
Clickstream
question
What must you do with antivirus software to make it protect effectively?
answer
Must frequently update it to protect against viruses
question
Which of the following would not be found in a typical acceptable use policy?
answer
Not posting commercial messages to groups where the employee has received user consent
question
What is a challenge for cloud computing that could cause employee performance to decrease?
answer
Required Internet connectivity
question
According to the text, which of the following does not benefit from smart grid computing?
answer
Comcast Cable's grid
question
The cloud computing service provider ___________, specializes in word processor, spreadsheet, and online presentation tool services.
answer
Zoho office
question
When building a scalable system that can support new company developments what are the key factors to consider?
answer
Anticipating expected and unexpected growth
question
Grid computing takes advantage of the available 75 percent of unused processing power of a computer and links thousands of individual computers around the world, creating a (an) _______ that can process intensive tasks.
answer
Virtual supercomputer
question
What are the different options where an emergency notification service can be deployed?
answer
Through the firm's own infrastructure By an outside service provider on company premises By an outside service provider hosted remotely
question
Which of the following questions would a company need to answer when first establishing a backup and recovery plan?
answer
What types of storage mechanism will meet the needs of the company? How often does the company need to backup its information? What types of recovery systems does the company infrastructure need?
question
The optimal disaster recovery plan in terms of cost and time is where on the disaster recovery cost curve?
answer
Where the two cost effects intersect
question
What might change the way businesses operate, as well as the way people interact with technology?
answer
Cloud computing
question
A disaster recovery plan contains a _____________ that outlines the costs to support the plan.
answer
Disaster recovery cost curve
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New