Question 1

Website designers, web masters, and programmers belong to which of the following specialized e-business resources?

Accepted Answer

A)  human 
B)  financial 
C)  material 
D)  informational 
E)  digital 
A)  human 
B)  financial 
C)  material 
D)  informational 
E)  digital

Question 2

The following quotation would most likely be found in the ____ of a business report: "This information demonstrates the company's lack of providing critical training and safety equipment to its employees, leading to OSHA violations and fines."

Accepted Answer

A)  introduction 
B)  conclusion 
C)  body 
D)  recommendations 
E)  suggestions 
A)  introduction 
B)  conclusion 
C)  body 
D)  recommendations 
E)  suggestions

Question 3

Shifting revenues earned from customers inside a real Sears department store to revenues earned by those same customers online increases a firms' total sales revenues.

Accepted Answer

A) True 
 B)False

Question 4

A measure that summarizes a particular characteristic of a group of numbers is called a(n) _____.

Accepted Answer

A)  array 
B)  statistic 
C)  frequency distribution 
D)  arithmetic mean 
E)  data bank 
A)  array 
B)  statistic 
C)  frequency distribution 
D)  arithmetic mean 
E)  data bank

Question 5

Rosie's Flowers Company in Tulips, Ohio, uses an e-commerce software program on its website to allow home delivery customers to enter their own orders for flowers that are delivered by the end of the next business day.Rosie's Flowers follows a(n) ____ model.

Accepted Answer

A)  B2B 
B)  business-to-customer 
C)  B2C 
D)  Internet 
E)  online customer focus 
A)  B2B 
B)  business-to-customer 
C)  B2C 
D)  Internet 
E)  online customer focus

Question 6

Once Dickey's Restaurants establishes its website, the owners of the restaurant chain will most likely

Accepted Answer

A)  ignore the site. 
B)  hire an Internet service provider to manage the site. 
C)  contract with a hardware manufacturer to manage the site. 
D)  contact the U.S.Department of Commerce for assistance. 
E)  manage the site on their own computers. 
A)  ignore the site. 
B)  hire an Internet service provider to manage the site. 
C)  contract with a hardware manufacturer to manage the site. 
D)  contact the U.S.Department of Commerce for assistance. 
E)  manage the site on their own computers.

Question 7

What special resources does a business need to do e-business?

Accepted Answer

To engage in e-business, which is the co

Question 8

A management information system is a system that provides managers and employees with the information they need to perform their jobs as effectively as possible.

Accepted Answer

A) True 
 B)False

Question 9

A network that connects computers that are in close proximity to each other, such as in an office building or on a college campus, is called a _____.

Accepted Answer

A)  WAN 
B)  LAN 
C)  BAM 
D)  CAD 
E)  CIM 
A)  WAN 
B)  LAN 
C)  BAM 
D)  CAD 
E)  CIM

Question 10

To find a particular website, Debbie Newton can take advantage of a

Accepted Answer

A)  toll-free phone number. 
B)  mail-in coupon that provides free Internet access. 
C)  free search engine. 
D)  for-fee service like Intercom Service. 
E)  local phone service. 
A)  toll-free phone number. 
B)  mail-in coupon that provides free Internet access. 
C)  free search engine. 
D)  for-fee service like Intercom Service. 
E)  local phone service.

Question 11

A number of business software applications were described in this chapter.Choose two of these applications and describe why you feel they would be useful for a manager operating a business.

Accepted Answer

Two business software applications that

Question 12

Every website on the Internet is identified by

Accepted Answer

A)  a telephone number. 
B)  a Uniform Resource Locator address. 
C)  an intranet address. 
D)  its password. 
E)  the full name of the company and the city where it is located. 
A)  a telephone number. 
B)  a Uniform Resource Locator address. 
C)  an intranet address. 
D)  its password. 
E)  the full name of the company and the city where it is located.

Question 13

Firms use accounting software to record and report financial information.

Accepted Answer

A) True 
 B)False

Question 14

A LAN is a network that connects computers over a large geographic area.

Accepted Answer

A) True 
 B)False

Question 15

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as _____.

Accepted Answer

A)  e-business 
B)  e-management 
C)  e-commerce 
D)  e-selling 
E)  e-shopping 
A)  e-business 
B)  e-management 
C)  e-commerce 
D)  e-selling 
E)  e-shopping

Question 16

A manager at the executive level responsible for ensuring that a firm has the equipment necessary to provide the information the firm's employees and managers need to make effective decisions is often called a(n) _____.

Accepted Answer

A)  information expert 
B)  technology expert 
C)  MIS officer 
D)  information technology officer 
E)  database manager 
A)  information expert 
B)  technology expert 
C)  MIS officer 
D)  information technology officer 
E)  database manager

Question 17

There are no such things as special e-business resources.

Accepted Answer

A) True 
 B)False

Question 18

A society in which large groups of employees generate or depend on information to perform their jobs is called a(n) ____ society.

Accepted Answer

A)  stagnant 
B)  data 
C)  information 
D)  computer 
E)  informed 
A)  stagnant 
B)  data 
C)  information 
D)  computer 
E)  informed

Question 19

A collaborative learning system

Accepted Answer

A)  is a work environment that allows problem-solving participation by all team members. 
B)  is a part of a database management program. 
C)  is too expensive for all firms except extremely large corporations. 
D)  has failed to demonstrate practical results. 
E)  is more like a chat site for people located in offices in the United States. 
A)  is a work environment that allows problem-solving participation by all team members. 
B)  is a part of a database management program. 
C)  is too expensive for all firms except extremely large corporations. 
D)  has failed to demonstrate practical results. 
E)  is more like a chat site for people located in offices in the United States.

Question 20

A firm's MIS data bank should include all past and current data that may be useful in managing the firm.

Accepted Answer

A) True 
 B)False

Website designers, web masters, and programmers belong to which of the following specialized e-business resources?

The following quotation would most likely be found in the ____ of a business report: "This information demonstrates the company's lack of providing critical training and safety equipment to its employees, leading to OSHA violations and fines."

Shifting revenues earned from customers inside a real Sears department store to revenues earned by those same customers online increases a firms' total sales revenues.

A measure that summarizes a particular characteristic of a group of numbers is called a(n) _____.

Rosie's Flowers Company in Tulips, Ohio, uses an e-commerce software program on its website to allow home delivery customers to enter their own orders for flowers that are delivered by the end of the next business day.Rosie's Flowers follows a(n) ____ model.

Once Dickey's Restaurants establishes its website, the owners of the restaurant chain will most likely

What special resources does a business need to do e-business?

A management information system is a system that provides managers and employees with the information they need to perform their jobs as effectively as possible.

A network that connects computers that are in close proximity to each other, such as in an office building or on a college campus, is called a _____.

To find a particular website, Debbie Newton can take advantage of a

A number of business software applications were described in this chapter.Choose two of these applications and describe why you feel they would be useful for a manager operating a business.

Every website on the Internet is identified by

Firms use accounting software to record and report financial information.

A LAN is a network that connects computers over a large geographic area.

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as _____.

A manager at the executive level responsible for ensuring that a firm has the equipment necessary to provide the information the firm's employees and managers need to make effective decisions is often called a(n) _____.

There are no such things as special e-business resources.

A society in which large groups of employees generate or depend on information to perform their jobs is called a(n) ____ society.

A collaborative learning system

A firm's MIS data bank should include all past and current data that may be useful in managing the firm.

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

Website designers, web masters, and programmers belong to which of the following specialized e-business resources?

The following quotation would most likely be found in the ____ of a business report: "This information demonstrates the company's lack of providing critical training and safety equipment to its employees, leading to OSHA violations and fines."

Shifting revenues earned from customers inside a real Sears department store to revenues earned by those same customers online increases a firms' total sales revenues.

A measure that summarizes a particular characteristic of a group of numbers is called a(n) _____.

Rosie's Flowers Company in Tulips, Ohio, uses an e-commerce software program on its website to allow home delivery customers to enter their own orders for flowers that are delivered by the end of the next business day.Rosie's Flowers follows a(n) ____ model.

Once Dickey's Restaurants establishes its website, the owners of the restaurant chain will most likely

What special resources does a business need to do e-business?

A management information system is a system that provides managers and employees with the information they need to perform their jobs as effectively as possible.

A network that connects computers that are in close proximity to each other, such as in an office building or on a college campus, is called a _____.

To find a particular website, Debbie Newton can take advantage of a

A number of business software applications were described in this chapter.Choose two of these applications and describe why you feel they would be useful for a manager operating a business.

Every website on the Internet is identified by

Firms use accounting software to record and report financial information.

A LAN is a network that connects computers over a large geographic area.

The organized effort of individuals to produce and sell, for a profit, the products and services that satisfy society's needs through the facilities available on the Internet is referred to as _____.

A manager at the executive level responsible for ensuring that a firm has the equipment necessary to provide the information the firm's employees and managers need to make effective decisions is often called a(n) _____.

There are no such things as special e-business resources.

A society in which large groups of employees generate or depend on information to perform their jobs is called a(n) ____ society.

A collaborative learning system

A firm's MIS data bank should include all past and current data that may be useful in managing the firm.

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