Exam 1: The Information Age in Which You Live

If you were able to provide a product or service in a way that customers value more than what the competition is able to do, then you are creating a _____.

(Multiple Choice)

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Question 101

The _____ flow of information consists of information that describes the current state of the organization based on its daily transactions.

(Short Answer)

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Question 102

What are the two main types, or categories, of software?

(Multiple Choice)

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Question 103

What is management information systems (MIS)?

(Multiple Choice)

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Question 104

Management information systems, or MIS, is a(n) _____ field of study.

(Multiple Choice)

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Question 105

Having access to information from any location that you're working from is an example of the _____ quality attribute of information.

(Multiple Choice)

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Question 106

_____ is the hardware component that interprets and executes software.

(Short Answer)

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Question 107

What is a value chain?

(Multiple Choice)

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Question 108

Which of the following is considered a top-line strategic point of view?

(Multiple Choice)

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Question 109

After you understand your competition and its affect on your industry, what should you do next?

(Multiple Choice)

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Question 110

A(n) _ person knows how and when to apply technology, while an _ person understands what information is needed and how to obtain that information.

(Short Answer)

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Question 111

Ying Yang wished to upgrade her current home communications system. She wanted to replace her current Internet, TV, and phone to a fiber optics system. As a buyer, which force discussed by Porter did Ying need to deal with most?

(Multiple Choice)

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Question 112

At upper organizational levels, information exhibits _____ granularity.

(Multiple Choice)

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Question 113

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 knowledge, how would you be enhancing your competitive strategy?

(Multiple Choice)

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Question 114

The information quality attribute of timeliness has only one aspect - having access to information when you need it.

(True/False)

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Question 115

Knowledge in a business or field is acquired through practice over time using information and intelligence.

(True/False)

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Question 116

What should you understand first when analyzing the technology needs of your business?

(Multiple Choice)

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Question 117

Porter's Five Forces Model focuses on which of the following analytical steps to determine which technology to use?

(Multiple Choice)

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Question 118

The authors discussed Michael Porter's three strategies to beating the competition in any industry. Which of the following is not one of those three approaches?

(Multiple Choice)

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Question 119

To minimize the threat of substitute products or services, some businesses will create switching costs. What is a switching cost?

(Multiple Choice)

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Question 120

Showing 101 - 120 of 211

If you were able to provide a product or service in a way that customers value more than what the competition is able to do, then you are creating a _____.

The _____ flow of information consists of information that describes the current state of the organization based on its daily transactions.

What are the two main types, or categories, of software?

What is management information systems (MIS)?

Management information systems, or MIS, is a(n) _____ field of study.

Having access to information from any location that you're working from is an example of the _____ quality attribute of information.

_____ is the hardware component that interprets and executes software.

What is a value chain?

Which of the following is considered a top-line strategic point of view?

After you understand your competition and its affect on your industry, what should you do next?

A(n) _ person knows how and when to apply technology, while an _ person understands what information is needed and how to obtain that information.

Ying Yang wished to upgrade her current home communications system. She wanted to replace her current Internet, TV, and phone to a fiber optics system. As a buyer, which force discussed by Porter did Ying need to deal with most?

At upper organizational levels, information exhibits _____ granularity.

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 knowledge, how would you be enhancing your competitive strategy?

The information quality attribute of timeliness has only one aspect - having access to information when you need it.

Knowledge in a business or field is acquired through practice over time using information and intelligence.

What should you understand first when analyzing the technology needs of your business?

Porter's Five Forces Model focuses on which of the following analytical steps to determine which technology to use?

The authors discussed Michael Porter's three strategies to beating the competition in any industry. Which of the following is not one of those three approaches?

To minimize the threat of substitute products or services, some businesses will create switching costs. What is a switching cost?

Major Business Initiatives

Databases and Data Warehouses

Decision Support and Artificial Intelligence

Electronic Commerce

Systems Development

Enterprise Infrastructure, Metrics, and Business Continuity Planning

Protecting People and Information

Emerging Trends and Technologies

Filters

Exam 1: The Information Age in Which You Live

If you were able to provide a product or service in a way that customers value more than what the competition is able to do, then you are creating a _____.

The _____ flow of information consists of information that describes the current state of the organization based on its daily transactions.

What are the two main types, or categories, of software?

What is management information systems (MIS)?

Management information systems, or MIS, is a(n) _____ field of study.

Having access to information from any location that you're working from is an example of the _____ quality attribute of information.

_____ is the hardware component that interprets and executes software.

What is a value chain?

Which of the following is considered a top-line strategic point of view?

After you understand your competition and its affect on your industry, what should you do next?

A(n) _____ person knows how and when to apply technology, while an _____ person understands what information is needed and how to obtain that information.

Ying Yang wished to upgrade her current home communications system. She wanted to replace her current Internet, TV, and phone to a fiber optics system. As a buyer, which force discussed by Porter did Ying need to deal with most?

At upper organizational levels, information exhibits _____ granularity.

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 knowledge, how would you be enhancing your competitive strategy?

The information quality attribute of timeliness has only one aspect - having access to information when you need it.

Knowledge in a business or field is acquired through practice over time using information and intelligence.

What should you understand first when analyzing the technology needs of your business?

Porter's Five Forces Model focuses on which of the following analytical steps to determine which technology to use?

The authors discussed Michael Porter's three strategies to beating the competition in any industry. Which of the following is not one of those three approaches?

To minimize the threat of substitute products or services, some businesses will create switching costs. What is a switching cost?

Major Business Initiatives

Databases and Data Warehouses

Decision Support and Artificial Intelligence

Electronic Commerce

Systems Development

Enterprise Infrastructure, Metrics, and Business Continuity Planning

Protecting People and Information

Emerging Trends and Technologies

Filters

A(n) _ person knows how and when to apply technology, while an _ person understands what information is needed and how to obtain that information.