Question 1

Because Amazon.com focuses on conducting e-business with consumers, it is considered to have a B2C focus.

Accepted Answer

A) True 
 B)False

Question 2

Allen, a manager at a financial services company, uses information from The Wall Street Journal to guide his actions as a manager.In this scenario, The Wall Street Journal serves as a(n) _____.

Accepted Answer

A)  internal source of data 
B)  periodical reference 
C)  external source of data 
D)  management information system 
E)  data bank 
A)  internal source of data 
B)  periodical reference 
C)  external source of data 
D)  management information system 
E)  data bank

Question 3

Money that an electronics retailer receives through the online sales of extended warranty plans provides a(n) ____ for the company.

Accepted Answer

A)  e-business 
B)  expense reduction 
C)  profit 
D)  revenue growth 
E)  revenue stream 
A)  e-business 
B)  expense reduction 
C)  profit 
D)  revenue growth 
E)  revenue stream

Question 4

Once a data bank has been established, there is no need to make any additions to or changes in its contents.

Accepted Answer

A) True 
 B)False

Question 5

Compare information and data.Why might a manager prefer information to data?

Accepted Answer

Information and data are closely related

Question 6

Describe the three primary models of e-business.

Accepted Answer

The three primary models of e-business a

Question 7

The first section of a business report is the recommendations.

Accepted Answer

A) True 
 B)False

Question 8

Numerical or verbal descriptions that usually result from measurements of some sort are called data.

Accepted Answer

A) True 
 B)False

Question 9

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

Accepted Answer

A) True 
 B)False

Question 10

On its company computer system, Gymboree has numerical and verbal descriptions about its suppliers and their prices, which as a whole is called ____.Managers can access and use this to make decisions about suppliers.

Accepted Answer

A)  information 
B)  a database 
C)  a management information system 
D)  a marketing information system 
E)  data 
A)  information 
B)  a database 
C)  a management information system 
D)  a marketing information system 
E)  data

Question 11

Information rules are sometimes referred to as the great simplifiers.

Accepted Answer

A) True 
 B)False

Question 12

Amazon.com has a ____ model.

Accepted Answer

A)  B2B 
B)  C2C 
C)  B2C 
D)  barter 
E)  C2B 
A)  B2B 
B)  C2C 
C)  B2C 
D)  barter 
E)  C2B

Question 13

All of the following except which are functions of a management information system?

Accepted Answer

A)  collecting data 
B)  printing data 
C)  processing stored data into information 
D)  storing and updating data 
E)  presenting information to users 
A)  collecting data 
B)  printing data 
C)  processing stored data into information 
D)  storing and updating data 
E)  presenting information to users

Question 14

Jason has to purchase specialized software that will allow his company to accept credit cards online for purchases from his company's website.This software is a(n) ____ resource for this e-business.

Accepted Answer

A)  financial 
B)  material 
C)  intangible 
D)  human 
E)  capital 
A)  financial 
B)  material 
C)  intangible 
D)  human 
E)  capital

Question 15

Sales force automation programs support sales representatives with organized databases of information.

Accepted Answer

A) True 
 B)False

Question 16

The Internet is

Accepted Answer

A)  a computerized phone book. 
B)  a computerized address book for businesses in the United States. 
C)  a worldwide network of computers linked together through telecommunications. 
D)  inaccessible unless you are a business owner or government employee. 
E)  a new version of an electronic game. 
A)  a computerized phone book. 
B)  a computerized address book for businesses in the United States. 
C)  a worldwide network of computers linked together through telecommunications. 
D)  inaccessible unless you are a business owner or government employee. 
E)  a new version of an electronic game.

Question 17

Jane McManus, a salesperson for Taylor Manufacturing, uses a(n) ____ to help navigate around the Internet and connect to different websites.

Accepted Answer

A)  Internet dialer 
B)  web browser 
C)  Internet controller 
D)  software communicator 
E)  database program 
A)  Internet dialer 
B)  web browser 
C)  Internet controller 
D)  software communicator 
E)  database program

Question 18

The following quotation would most likely be found in the ____ of a business report: "This report evaluates the significant decrease in sales experienced in the previous quarter and incorporates the results of surveys and interviews with customers, management, and economists."

Accepted Answer

A)  body of the report 
B)  conclusion 
C)  analysis 
D)  recommendations 
E)  introduction 
A)  body of the report 
B)  conclusion 
C)  analysis 
D)  recommendations 
E)  introduction

Question 19

Knowledge management is a firm's procedures for using computer software to solve business problems.

Accepted Answer

A) True 
 B)False

Question 20

To access the Internet, all a user needs is a computer.

Accepted Answer

A) True 
 B)False

Because Amazon.com focuses on conducting e-business with consumers, it is considered to have a B2C focus.

Allen, a manager at a financial services company, uses information from The Wall Street Journal to guide his actions as a manager.In this scenario, The Wall Street Journal serves as a(n) _____.

Money that an electronics retailer receives through the online sales of extended warranty plans provides a(n) ____ for the company.

Once a data bank has been established, there is no need to make any additions to or changes in its contents.

Compare information and data.Why might a manager prefer information to data?

Describe the three primary models of e-business.

The first section of a business report is the recommendations.

Numerical or verbal descriptions that usually result from measurements of some sort are called data.

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

On its company computer system, Gymboree has numerical and verbal descriptions about its suppliers and their prices, which as a whole is called ____.Managers can access and use this to make decisions about suppliers.

Information rules are sometimes referred to as the great simplifiers.

Amazon.com has a ____ model.

All of the following except which are functions of a management information system?

Jason has to purchase specialized software that will allow his company to accept credit cards online for purchases from his company's website.This software is a(n) ____ resource for this e-business.

Sales force automation programs support sales representatives with organized databases of information.

The Internet is

Jane McManus, a salesperson for Taylor Manufacturing, uses a(n) ____ to help navigate around the Internet and connect to different websites.

The following quotation would most likely be found in the ____ of a business report: "This report evaluates the significant decrease in sales experienced in the previous quarter and incorporates the results of surveys and interviews with customers, management, and economists."

Knowledge management is a firm's procedures for using computer software to solve business problems.

To access the Internet, all a user needs is a computer.

Exploring the World of Business and Economics

Being Ethical and Socially Responsible

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Using Accounting Information

Mastering Financial Management

Filters

Exam 14: Understanding Information and E-Business

Because Amazon.com focuses on conducting e-business with consumers, it is considered to have a B2C focus.

Allen, a manager at a financial services company, uses information from The Wall Street Journal to guide his actions as a manager.In this scenario, The Wall Street Journal serves as a(n) _____.

Money that an electronics retailer receives through the online sales of extended warranty plans provides a(n) ____ for the company.

Once a data bank has been established, there is no need to make any additions to or changes in its contents.

Compare information and data.Why might a manager prefer information to data?

Describe the three primary models of e-business.

The first section of a business report is the recommendations.

Numerical or verbal descriptions that usually result from measurements of some sort are called data.

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

On its company computer system, Gymboree has numerical and verbal descriptions about its suppliers and their prices, which as a whole is called ____.Managers can access and use this to make decisions about suppliers.

Information rules are sometimes referred to as the great simplifiers.

Amazon.com has a ____ model.

All of the following except which are functions of a management information system?

Jason has to purchase specialized software that will allow his company to accept credit cards online for purchases from his company's website.This software is a(n) ____ resource for this e-business.

Sales force automation programs support sales representatives with organized databases of information.

The Internet is

Jane McManus, a salesperson for Taylor Manufacturing, uses a(n) ____ to help navigate around the Internet and connect to different websites.

The following quotation would most likely be found in the ____ of a business report: "This report evaluates the significant decrease in sales experienced in the previous quarter and incorporates the results of surveys and interviews with customers, management, and economists."

Knowledge management is a firm's procedures for using computer software to solve business problems.

To access the Internet, all a user needs is a computer.

Exploring the World of Business and Economics

Being Ethical and Socially Responsible

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Using Accounting Information

Mastering Financial Management

Filters