Exam 1: Setting the Stage: Technology and the Modern Enterprise
How has technology changed the marketing landscape?
The skill set of today's marketers is radically different from what was leveraged by the prior generation. Online channels have provided a way to track and monitor consumer activities, and firms are leveraging this insight to understand how to get the right product to the right customer, through the right channel, with the right message, at the right price, at the right time. Savvy firms are using social media to generate sales, improve their reputations, better serve customers, and innovate. Search engine marketing (SEM), search engine optimization (SEO), customer relationship management (CRM), personalization systems, and a sensitivity to managing the delicate balance between gathering and leveraging data and respecting consumer privacy are all central components of the new marketing toolkit.
Sergey Brin and Larry Page were both twenty-something doctoral students at Stanford University when they founded:
C
The _____ is a piece of U.S. legislation that raises executive and board responsibility and ties criminal penalties to certain accounting and financial violations.
E
Oracle acquired the highest number of companies in the span of half a decade.
Technology experts in the area of user-interface design specialize in technology for competitive advantage.
The _____ department in an organization not only ensures that systems get built and keep running but also take on strategic roles targeted at proposing solutions for how technology can give the firm a competitive edge.
Today's job seekers are writing résumés with keywords in mind, aware that the first cut is likely made by a database search program, not a human being.
The rise of open source software has lowered computing costs for start-up and blue chip companies worldwide.
A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of technology in the area of _____.
Some of the radical changes brought about by new technologies include:
In two decades, _____ tech sector has grown from "almost nothing" to a $73 billion industry, expanding even during the recent global recession.
Firms are increasingly shifting spending from the Web to other media such as print, radio, and television as these are often easier to track and analyze.
Provide a brief overview of the different careers in the area of information systems.
_____ has emerged as a catalyst for global change, with Facebook and Twitter playing key organizing roles in uprisings worldwide.
The number of U.S. patent applications waiting approval has significantly declined in the past decade.
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