Exam 2: Information Systems and Knowledge Management

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A party that maintains Web sites on the World Wide Web is called a content provider.

(True/False)
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When a marketing manager has sufficient information to make a good decision,the information is said to be ____________________.

(Short Answer)
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A company's private computer network that uses Internet standards,but which is accessible only by its own employees,is known as a(n)____________________.

(Short Answer)
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Data collected in an open data partnership is ____.

(Multiple Choice)
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Data,information,and intelligence all have the potential to create value to a firm through better decision making.

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Wal-Mart transmits information electronically each day to Wrangler jeans about unit sales of this product in its retail outlets so that Wrangler can replenish Wal-Mart's inventory on an as-needed basis.What term describes this function?

(Multiple Choice)
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One way to describe marketing research is to categorize it based on the four possible functions that it serves in business: foundational,testing,issues,and validation.

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____________________ refers to linking computerized data sources to statistical tools that can search for predictive relationships and trends,allowing for more accurate prediction of consumers' opinions and actions.

(Short Answer)
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Which source of input data is represented when a company conducts marketing research to identify the characteristics of its customers?

(Multiple Choice)
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A Web site address that Web browsers recognize is called a(n)____________________.

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Relevant data are facts about things that cannot be changed.

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Modern technology provides new ways of tracking human behavior.

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Web tracking is illegal.

(True/False)
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The data characteristic that refers to the degree to which data represent the true situation is known as ____.

(Multiple Choice)
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Define predictive analytics and discuss a marketing researcher's job in predictive analytics.

(Essay)
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