Exam 14: Acquiring Information Systems and Applications

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____________ is an advantage of the traditional SDLC.

(Multiple Choice)
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Suppose you own a large organization and are trying to decide if you should outsource your IT department. Explain the positives and negatives of outsourcing and why you would or would not choose to outsource.

(Essay)
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__________ measures management's effectiveness in generating profits with its available assets.

(Multiple Choice)
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Which of the following is a disadvantage of buying a prewritten application?

(Multiple Choice)
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If you cut off the old system and turn on the new system, this is called ________ conversion.

(Multiple Choice)
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Analysts convert future values of benefits to their present-value equivalent by "discounting" them at the organization's cost of funds with the ______ method.

(Multiple Choice)
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If you choose to custom-write an entire application, you are choosing to write _________ computer code.

(Multiple Choice)
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_____________ are IS professionals who specialize in analyzing and designing information systems.

(Multiple Choice)
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SaaS converts fixed costs into variable costs.

(True/False)
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The ____________ is NOT a critical component or input to the IT strategic plan.

(Multiple Choice)
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The Capital One case illustrates it is difficult but possible to insource IT.

(True/False)
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Installation is the major cost associated with IT, so that is the only thing an organization needs to consider when making an investment.

(True/False)
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A(n) __________________________________________ is an agent or a vendor who assembles the software needed by enterprises and then packages it with services such as development, operations, and maintenance.

(Short Answer)
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Peoples State Bank decided to outsource their banking systems to __________.

(Multiple Choice)
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The IT architecture only addresses the technical aspects of information resources.

(True/False)
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The company 352 uses the _________ approach for systems development.

(Multiple Choice)
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The organization's __________________________ identifies the firm's overall mission, the goals that follow from that mission, and the broad steps required to reach these goals.

(Short Answer)
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Capital One used _______ to improve their IT systems.

(Multiple Choice)
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The scrum approach is a type of __________ development

(Multiple Choice)
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If you implement only one module of SAP, this is called ________ conversion.

(Multiple Choice)
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