Practice Exam Flashcards
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GDSS are designed to:
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implement structured methods for organizing and evaluating ideas
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_____refers to all of the methods, politices, and organizational procedures that ensure safety of the organization's assets, accuracy, and relizablity of its accounting records, and operational adherence to management standards
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Controls
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An independent computer program that copies itself from one computer to another over a network is called a
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worm
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In the information age, the obligations that individuals and organizations have concerning rights to intellectual property property fall within the moral dimension of
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Property rights and obligations
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The use of computers to combine data from multiple sources and create digital dossiers of detailed information on individuals is called:
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profiling
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Which of the following is not one of the four basic strategies a company can employ to deal with competitive forces? A. Strengthen customer niche and supplier intimacy B. Focus on market niche C. Differentiate products D. Compete on employee loyalty E. Low-cost leadership
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D: Compete on employee loyalty
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The value chain model: A) categorizes five related advantages for adding value to a firm's products or services. B) sees the supply chain as the primary activity for adding value. C) categorizes four basic strategies a firm can use to enhance its value chain. D) helps a firm identify points at which information technology can most effectively enhance its competitive position. E) focuses primarily on collaboration with suppliers.
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D
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When the output of some units can be used as inputs to other units, or if two organizations pool markets and expertise that result in lower costs and generate profits, _______ are created.
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Synergies
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Which of the following is the best description of ubiquity as it relates to e-commerce technology?
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Technology available everywhere and anytime
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The effort required to locate a suitable product is called
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search costs
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All of the following are increased in tradition markets compared to digital markets: A) Search costs B) Menu costs C) Switching costs D) Network Effects E) Information Asymmetry
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D) Network Effects
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