Exam 1: A Look Toward the

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Based on survey responses in 2010, from 472 organizations, all of the following were described as the top 5 Management Concerns, except:

(Multiple Choice)
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Cloud computing can often make it difficult to deploy tools that can scale on demand to serve a growing number of users.

(True/False)
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Which of the following technology trends is cited in your textbook as being responsible for changing the nature of many IT jobs?

(Multiple Choice)
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____________________________ help people work together in an organized way and manage their tasks more effectively regardless of their location.

(Short Answer)
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In the second part of the Information Age, technology is everywhere and the key challenge is to apply IT to gain competitive advantage.

(True/False)
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To maintain a competitive advantage, company IT operations needs to be __________ meaning being able to respond quickly.

(Short Answer)
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The Internet of Things captures huge volumes of data that can be used by companies to better understand business processes.

(True/False)
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Examples of productivity _________ include the number of units manufactured or sold, the number of customers serviced, or the value of new deposits.

(Short Answer)
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According to Porter's strategic planning model, an industry's profit potential is largely determined by the intensity of competitive forces within the industry.

(True/False)
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Strategic planning is critical for "for-profit" organizations, but less essential for "not-for-profit" organizations such as government agencies, education, military, and charities that are guided by political or humanitarian goals.

(True/False)
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What is crowdfunding?

(Essay)
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Business Intelligence involves the integration, computation, and analysis of massive data repositories.

(True/False)
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What is a primary reason why businesses ask you to like, follow, fan, share, sign up, watch, join, or download things on the Internet?

(Multiple Choice)
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Data analytic processes include all of the following activities except:

(Multiple Choice)
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The Internet of Things describes a network of:

(Multiple Choice)
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According to the business strategy model developed by Harvard Business professor Michael Porter's, an industry's profit potential is largely determined by _____________.

(Multiple Choice)
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Huge sets of messy data from sources such as multi-petabyte data warehouses, social media, and mobile devices are called _______________.

(Short Answer)
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Which if the following is not considered a benefit of cloud computing:

(Multiple Choice)
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An) _________________, is an organization that has the ability to adapt and respond rapidly.

(Short Answer)
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_______________________________ evaluate the newest and most innovative technologies and determine how they can be applied for competitive advantage. They develop technical standards, deploy technology, and supervise workers who deal with the daily IT issues of the firm. They frequently report to the Chief Information Officer CIO).

(Short Answer)
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