Exam 14: Understanding Information and E-Business

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E-business refers to any business activity that is facilitated through the Internet.

(True/False)
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To find information on the Internet, you can use one of several free search programs available on the Web.

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All past and current data that may be useful in managing the firm is included in the _____.

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A diagram that represents several items of information in a manner that makes comparison easier is called a visual display.

(True/False)
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Karen has been assigned to find data about the effectiveness of past promotional campaigns for the company.Within what source of the company's MIS is she likely to find the information she needs?

(Multiple Choice)
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A software package that allows users to electronically store large amounts of data and to transform the data into information is a(n) ____ program.

(Multiple Choice)
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A network that connects computers over a large geographic area is called a _____.

(Multiple Choice)
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Which of the following would be considered a revenue stream?

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Outsourcing is the process of finding outside vendors and suppliers that provide professional help, parts, or materials at a lower cost.

(True/False)
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A software package that generates financial statements for a company is a(n) ____ program.

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Data that are presented in a form that is useful for a specific purpose are called information.

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Most firms have access to a great deal of information that can be transformed into data.

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How can computer technology help executives and employees make smart decisions?

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Which of the following would not be considered a revenue stream?

(Multiple Choice)
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A type of computer program that provides relevant data and information to help a firm's employees make decisions and choose different courses of action is referred to as a(n) _____.

(Multiple Choice)
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Joe Jackson received a computer for his birthday.Now he must prepare a report for his history class.In this situation, he will most likely use a ____ program.

(Multiple Choice)
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Academic Standard, Inc.(ASI) Academic Standard, Inc., sells its products through the Internet.Amanda is one of the biggest buyers of the company's products for her business.Susan, who is Amanda's sales representative, recently suggested that ASI classify Amanda as a preferred customer. Although ASI has been successful in the past, the company recently encountered the problem of high production costs.Jonathan, a veteran employee of the company, suggested to senior management that certain aspects of production may need to be handled by other, more efficient companies.Jonathan also suggested that the company might want to create a physical store to possibly increase its visibility and potential profits.He explained many disadvantages of operating solely through the Internet. -Which of the following statements is correct?

(Multiple Choice)
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Broadband technology is a general term referring to high-speed Internet connections that deliver data, voice, and video material.

(True/False)
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Marissa is tasked with compiling a list of all her company's employees who make salaries of more than $50,000 per year and sorting them by gender.What type of software will help Marissa complete this task most efficiently?

(Multiple Choice)
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Holly is often assigned the task of extracting information from her company's MIS and putting it into a particular format that is useful to the management.Holly is performing _____.

(Multiple Choice)
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