Exam 1: The Information Age in Which You Live

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What is Local Number Portability (LNP)?

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What category of technology does a keyboard fall into?

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If you wanted to ensure that your business maintains a competitive edge, what should be one of your main concerns when purchasing technology?

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The amount your customers are willing to pay must exceed the cost of the processes in the value chain.

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_____ information describes the environment surrounding the organization.

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What is internal information?

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At lower organizational levels, information exhibits _____ granularity.

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What is the term for raw facts that describe a particular phenomenon?

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What is differentiation in Porter's strategy to surpassing the competition?

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One of Michael Porter's three approaches or strategies to beating the competition in any industry is mass marketing.

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On which group of people does business intelligence collect knowledge?

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_____ are the single most important resource in any organization.

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Random access memory is a temporary holding space for data and software.

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Three important organizational resources involved in management information systems include - information, information technology, and people.

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Should a business' decisions about its technology drive its business strategy?

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If you were visiting Disney World and you used its touch-screen monitors to locate a restaurant, what type of hardware device would you be using?

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When is rivalry among existing competitors high in the Five Forces Model?

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Information has many attributes that help define its quality. Which of the following is not one of these attributes?

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Using the RGT framework, which of the following strategies applies to a business that offers products and services faster and cheaper than the competition?

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Compared to the agricultural age where the work force focuses on the production of food, we now work in the _____ age where the focus has shifted to the production of knowledge.

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