Exam 1: The Information Age in Which You Live: Changing the Face of Business

Which of the following is a connecting device?

The _____ attribute of information addresses the credibility of information.

_____ is defined by Porter as offering the same or better quality product or service at a price that is less than what any of the competition is able to do.

The grade you earn for a specific college course is _____ and your overall GPA is ____.

Why is technology considered "invasive"?

The "Grow" aspect of the RGT framework seeks organizational growth through new and different means.

_____ handles tasks specific to technology management and coordinates the interaction of all technology devices.

_____ refers to the physical devices that make up a computer.

Information exhibits high quality only if it is pertinent,relevant,and useful to you.

If you offered your expert opinion about some expected outcome,what type of organizational information are you offering?

Internal information:

If you were to create a unique industry Web site for your customers that allowed them to build virtual communities with other customers by sharing information,how would you be enhancing your competitive strategy?

If the information coming into your decision-making process is in bad form,you'll more than likely make a poor decision.This concept is referred to as ___.

Information is of no value to you if you can't access it.

Porter's Five Forces Model helps business people understand the relative attractiveness of an industry and the industry's competitive pressures.

_____ is the total of all costs that you incur whether or not you sell anything.

In the Five Forces Model,the threat of new entrants is high when it is easy for new competitors to enter a market.

Which of the following is a telecommunication device?

What is the single most important resource in any organization?

Data is information that has been processed in some way.