Exam 1: A Look Toward the

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The Internet of Things is an online directory of IT equipment vendors from around the globe.

(True/False)
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According to the research firm Gartner, the first part of the Information Age focused on the development of technology itself. In the second part of the Information Age, technology is everywhere and the key challenge is to ___________________

(Multiple Choice)
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Management of IT development would most likely be considered a support activity in a business value chain.

(True/False)
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Which if the following is not an example of the Internet of Things is being used by businesses?

(Multiple Choice)
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The goal of business process reengineering BPR) is to eliminate the unnecessary non-value added processes, then to simplify and automate the remaining processes to significantly reduce cycle time, labor, and costs.

(True/False)
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IT reliability and efficiency is considered one of the top 5 most pressing management concerns.

(True/False)
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_____________ refers to the specialized software, capabilities, and components all geared toward exploring huge volumes of data to provide greater insight and intelligence-and doing so quickly.

(Short Answer)
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IT functions that do not provide a competitive advantage, such as computers, databases and network services are examples of IT commodities.

(True/False)
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__________________ makes it possible for many users to access the same apps and from any networked location because they are stored hosted) on a powerful shared infrastructure.

(Short Answer)
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According to projections by the U.S. Bureau of Labor Statistics, prospects for IT jobs, in terms of salary and job growth between 2010-2010 are above average compared to other types of jobs

(True/False)
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According to projections by the U.S. Bureau of Labor Statistics, prospects for IT jobs, in terms of salary and job growth between 2010-2010 are about average compared to other types of jobs.

(True/False)
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Strategy defines the plan for how a business will achieve its mission, goals, and objectives.

(True/False)
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IT creates markets, businesses, products, and careers.

(True/False)
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Because of the shift to cloud computing, there is growing demand for professionals and managers who are more focused on _________________ than they are in application development.

(Short Answer)
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_____________________ develop requirements, budgets, and schedules for their firm's information technology projects. They coordinate such projects from development through implementation, working with their organization's IT workers, as well as clients, vendors, and consultants.

(Short Answer)
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Computers, databases and network services are examples of IT functions with a strong potential for providing companies with competitive advantage

(True/False)
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In 2011, CareerCast determined __________________ to be the best job to have in today's economy, thanks largely to the rise of cloud computing.

(Short Answer)
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Faced with business challenges, as a manager you need to implement IT solutions and track how well they improve _______________.

(Short Answer)
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Zipcar rents automobiles for short periods and cut its costs by eliminating rental centers, thus increasing profits. This statement defines Nokia's business __________.

(Multiple Choice)
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Enterprise Resource Planning ERP) refers to software applications specifically designed to help businesses gather and make use of business intelligence BI).

(True/False)
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