Deck 1: Information Systems in Perspective

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Question
Both system software and application software are needed for all types of computers,from small handheld computers to large supercomputers.
Use Space or
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Question
Information is simply a collection of raw facts such as an employee number or the total hours worked in a week.
Question
Augmented reality is a new form of virtual reality that enables a user to become fully immersed in an artificial,computer-generated 3D world.
Question
An intranet is a network based on Web technologies that allows selected outsiders,such as business partners and customers,to access authorized resources of a company's extranet.
Question
Some successful stock,options,and futures traders use expert systems to spot trends and improve the profitability of their investments.
Question
The unique value of learning systems is that they allow organizations to capture and use the wisdom of experts and specialists.
Question
Using a computer to forecast future sales and order more inventory before a shortage can occur is an example of information system feedback.
Question
Electronic business (e-business)goes beyond e-commerce and e-procurement by using information systems and the Internet to perform all business-related tasks and functions.
Question
Information and data are essentially the same thing.
Question
Providing information to customers can help companies increase revenues and profits.
Question
Information about the documents on the Web and access to these documents are controlled and provided by tens of thousands of special computers called Web servers.
Question
Mobile commerce (m-commerce)is the use of mobile,wireless devices to place orders and conduct business.
Question
The World Wide Web (WWW)is a network of links on the Internet to documents containing text,graphics,video,and sound.
Question
Global opportunities introduce numerous obstacles and issues,including challenges involving culture and language.
Question
A management information system (MIS)typically provides standard reports generated with data and information from a transaction processing system (TPS)or enterprise resource planning (ERP)system.
Question
A decision support system (DSS)is an organized collection of people,procedures,software,databases,and devices that provides routine information to managers and decision makers.
Question
Application software,such as Microsoft Windows,manages basic computer operations such as start-up.
Question
Despite being technologically advanced,e-commerce offers few advantages for streamlining work activities.
Question
The technology infrastructure is a set of shared IS resources that form the foundation of each computer-based information system.
Question
While all types of personal computers have their own advantages and disadvantages,many people favor the mobility,functionality,and cost associated with tablet computers.
Question
_____ involves using information systems and the Internet to acquire parts and supplies.

A) A transaction processing system (TPS)
B) Electronic business (e-business)
C) Mobile commerce (m-commerce)
D) Electronic procurement (e-procurement)
Question
The process of defining relationships among data to create useful information requires ______.

A) an information system
B) intelligence
C) knowledge
D) intuition
Question
_____ is a network based on Web technologies that allows only selected outsiders,such as business partners and customers,to access authorized resources of a company's intranet.

A) The Internet
B) A blog
C) A database
D) An extranet
Question
In information systems,_____ is information from a system that is used to make changes to input or processing activities.

A) a program
B) feedback
C) an output
D) software
Question
_____ are considered to be the most important element in a computer-based information system.

A) Hardware
B) Software
C) Procedures
D) People
Question
The senior IS managers are responsible for the day to day running of IS hardware to process an organization's information systems workload.
Question
______ are people who create,use,and disseminate knowledge and are usually professionals in science,engineering,business,and other areas.

A) Systems analysts
B) Knowledge workers
C) Database administrators
D) End users
Question
Employers often search the Internet to find information about potential employees before they make hiring decisions.
Question
Quality information that can be used for a variety of purposes is said to be _____.

A) flexible
B) economical
C) relevant
D) verifiable
Question
An organization can have only one value chain.
Question
Typically,highly competitive industries are characterized by high degrees of product differentiation.
Question
A(n)_____ is a set of interrelated components that collect,manipulate,store,and disseminate data and information and provide a feedback mechanism to meet an objective.

A) database management system (DBMS)
B) electronic commerce (e-commerce)system
C) information system (IS)
D) decision support system (DSS)
Question
The number of H-1B visas offered annually can be political and controversial.
Question
Introducing new products and services periodically or frequently helps a firm gain competitive advantage.
Question
A(n)_____ is an organized collection of people,procedures,software,databases,and devices that support problem-specific decision making.

A) problem solving system
B) expert system
C) decision support system
D) knowledge base
Question
_____ consists of computer programs that govern the operation of a computer.

A) Hardware
B) Software
C) A server
D) The Internet
Question
The time value of money is one of the factors taken into account for the calculation of payback period.
Question
The more consumers can obtain similar products and services that satisfy their needs,the less likely firms are to try to establish competitive advantage.
Question
The shorter the payback period,the more attractive is the project.
Question
Organizational change can be caused by internal factors as well as external factors.
Question
The technology used to create the Internet is also being applied within companies and organizations to create _____,which allow people in an organization to exchange information and work on projects.
Question
_____ is a branch of artificial intelligence that allows computers to recognize and act on patterns or trends.

A) Vision systems
B) Neural networks
C) Robotic systems
D) Natural language processing
Question
_____ involves any business transaction executed electronically between companies (business-to-business,or B2B),companies and consumers (business-to-consumer,or B2C),consumers and other consumers (consumer-to-consumer,or C2C),business and the public sector,and consumers and the public sector.
Question
A(n)_____ is an organized collection of people,procedures,software,databases,and devices used to perform and record business deals.

A) decision support system (DSS)
B) management information system (MIS)
C) enterprise resource planning (ERP)system
D) transaction processing system (TPS)
Question
The goal of the _____ step of systems development is to gain a clear understanding of the problem to be solved or opportunity to be addressed.

A) systems analysis
B) systems investigation
C) systems design
D) systems implementation
Question
A(n)_____ is an organized collection of people,procedures,software,databases,and devices that stores and retrieves knowledge,improves collaboration,locates knowledge sources,captures and uses knowledge.

A) artificial intelligence system
B) expert knowledge system
C) virtual reality system
D) knowledge management system
Question
Predicting future events to avoid problems is called _____.
Question
The _____ visa program allows skilled employees from foreign lands into the United States.

A) H-1B
B) L-1B
C) B-1
D) V-1A
Question
_____ deals with how firms successfully plan for and implement reforms.

A) Forecasting
B) Transaction processing
C) Systems development
D) Organizational change
Question
The _____ is the world's largest computer network,consisting of thousands of interconnected networks,all freely exchanging information.
Question
The _____ of an investment makes the net present value of all cash flows (benefits and costs)generated by a project equal to zero.

A) payback period
B) earnings growth
C) time value of money
D) internal rate of return
Question
In some cases,inaccurate information is generated because inaccurate data is fed into the transformation process.This is commonly called _____.

A) last in,first out (LIFO)
B) garbage in,garbage out (GIGO)
C) first in,first out (FIFO)
D) first in,never out (FINO)
Question
A(n)_____ can replace many applications with one unified set of programs,making the system easier to use and more effective.

A) transaction processing system
B) enterprise resource planning system
C) e-commerce system
D) decision support system
Question
Michael Porter proposed a now widely accepted competitive forces model that includes _____ forces.

A) three
B) four
C) five
D) six
Question
In information systems,_____ means converting or transforming data into useful outputs.
Question
Hiring an outside company to perform some or all of a systems development project is called _____

A) virtual reality
B) telecommuting
C) systems investigation
D) outsourcing
Question
_____ is a strategy for gaining competitive advantage wherein a company strives to deliver distinct products and services.

A) Cost leadership
B) Differentiation
C) Niche strategy
D) Structure alteration
Question
The _____ is the number of years required to recover the initial cost of an investment.

A) cash flow
B) payback period
C) internal rate duration
D) time value point
Question
_____ is responsible for implementing a new information systems required to support an organization's existing and future business needs.

A) An operations group
B) A development group
C) A support group
D) The chief technology officer
Question
An agreement between two or more companies that involves the joint introduction and distribution of goods and services is called ______.

A) niche alliance
B) cost leadership
C) strategic partnership
D) differentiation partnership
Question
_____ is a process for testing skills and knowledge resulting in an endorsement by the certifying authority that an individual is capable of performing particular tasks or jobs.
Question
A(n)_____ is a significant and ideally long-term benefit to a company over its competition,and can result in higher-quality products,better customer service,and lower costs.
Question
_____ is a theory that proposes that every organizational system is made up of four main components-people,tasks,structure,and technology-with an interaction among the four components so that any change in one of these elements will necessitate a change in the other three elements.
Question
The collection of rules,procedures,and relationships that must be followed by an expert system to achieve value or the proper outcome is contained in the expert system's _____.
Question
_____ allow computers to learn from past mistakes or experiences,such as playing games or making business decisions.
Question
_____ is the activity of creating or modifying information systems.
Question
A(n)_____ is an organized collection of people,processes,software,databases,and devices that provides routine information to managers and decision makers.
Question
_____ is a newer form of virtual reality that has the potential to superimpose digital data over real photos or images.
Question
The _____ is a theory developed by E.M.Rogers to explain how a new idea or product gains acceptance and diffuses (or spreads)through a specific population or subset of an organization.
Question
_____ is a strategy by which an organization determinedly and systematically gathers,organizes,stores,analyzes,and shares its collective knowledge and experience.
Question
An approach to work called _____ enables people to work from home or while traveling.
Question
One of the factors that can lead to attaining a competitive advantage is the _____ among existing competitors.
Question
The primary benefits of implementing an _____ system include easing adoption of improved work processes and increasing access to timely data for decision making.
Question
Workers in many organizations operate in a(n)_____ environment in which software and data storage are provided by the Internet;the services are run on another organization's computer hardware,and both software and data are easily accessed.
Question
The internal rate of return of an investment is the rate of return that makes the net present value of all _____ cash flows (benefits and costs)generated by a project equal to zero.
Question
In a manufacturing organization,the _____ is a key value chain whose primary activities include inbound logistics,operations,outbound logistics,marketing and sales,and service.
Question
The _____ phase of systems development involves installing a new system into the actual production computer environment in which it is expected to run and resolving any problems uncovered in integration and testing.
Question
_____ results in enhancements to existing products,services,and ways of operating and enables an organization to continually increase profits,lower costs,and gain market share.
Question
The use of mobile,wireless devices to place orders and conduct business is called _____.
Question
The _____ takes into account the fact that a dollar today is worth more than a dollar paid in the future.
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Deck 1: Information Systems in Perspective
1
Both system software and application software are needed for all types of computers,from small handheld computers to large supercomputers.
True
2
Information is simply a collection of raw facts such as an employee number or the total hours worked in a week.
False
3
Augmented reality is a new form of virtual reality that enables a user to become fully immersed in an artificial,computer-generated 3D world.
False
4
An intranet is a network based on Web technologies that allows selected outsiders,such as business partners and customers,to access authorized resources of a company's extranet.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
5
Some successful stock,options,and futures traders use expert systems to spot trends and improve the profitability of their investments.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
6
The unique value of learning systems is that they allow organizations to capture and use the wisdom of experts and specialists.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
7
Using a computer to forecast future sales and order more inventory before a shortage can occur is an example of information system feedback.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
8
Electronic business (e-business)goes beyond e-commerce and e-procurement by using information systems and the Internet to perform all business-related tasks and functions.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
9
Information and data are essentially the same thing.
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k this deck
10
Providing information to customers can help companies increase revenues and profits.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
11
Information about the documents on the Web and access to these documents are controlled and provided by tens of thousands of special computers called Web servers.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
12
Mobile commerce (m-commerce)is the use of mobile,wireless devices to place orders and conduct business.
Unlock Deck
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k this deck
13
The World Wide Web (WWW)is a network of links on the Internet to documents containing text,graphics,video,and sound.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
14
Global opportunities introduce numerous obstacles and issues,including challenges involving culture and language.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
15
A management information system (MIS)typically provides standard reports generated with data and information from a transaction processing system (TPS)or enterprise resource planning (ERP)system.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
16
A decision support system (DSS)is an organized collection of people,procedures,software,databases,and devices that provides routine information to managers and decision makers.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
17
Application software,such as Microsoft Windows,manages basic computer operations such as start-up.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
18
Despite being technologically advanced,e-commerce offers few advantages for streamlining work activities.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
19
The technology infrastructure is a set of shared IS resources that form the foundation of each computer-based information system.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
20
While all types of personal computers have their own advantages and disadvantages,many people favor the mobility,functionality,and cost associated with tablet computers.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
21
_____ involves using information systems and the Internet to acquire parts and supplies.

A) A transaction processing system (TPS)
B) Electronic business (e-business)
C) Mobile commerce (m-commerce)
D) Electronic procurement (e-procurement)
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
22
The process of defining relationships among data to create useful information requires ______.

A) an information system
B) intelligence
C) knowledge
D) intuition
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
23
_____ is a network based on Web technologies that allows only selected outsiders,such as business partners and customers,to access authorized resources of a company's intranet.

A) The Internet
B) A blog
C) A database
D) An extranet
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
24
In information systems,_____ is information from a system that is used to make changes to input or processing activities.

A) a program
B) feedback
C) an output
D) software
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
25
_____ are considered to be the most important element in a computer-based information system.

A) Hardware
B) Software
C) Procedures
D) People
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
26
The senior IS managers are responsible for the day to day running of IS hardware to process an organization's information systems workload.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
27
______ are people who create,use,and disseminate knowledge and are usually professionals in science,engineering,business,and other areas.

A) Systems analysts
B) Knowledge workers
C) Database administrators
D) End users
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
28
Employers often search the Internet to find information about potential employees before they make hiring decisions.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
29
Quality information that can be used for a variety of purposes is said to be _____.

A) flexible
B) economical
C) relevant
D) verifiable
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
30
An organization can have only one value chain.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
31
Typically,highly competitive industries are characterized by high degrees of product differentiation.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
32
A(n)_____ is a set of interrelated components that collect,manipulate,store,and disseminate data and information and provide a feedback mechanism to meet an objective.

A) database management system (DBMS)
B) electronic commerce (e-commerce)system
C) information system (IS)
D) decision support system (DSS)
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
33
The number of H-1B visas offered annually can be political and controversial.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
34
Introducing new products and services periodically or frequently helps a firm gain competitive advantage.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
35
A(n)_____ is an organized collection of people,procedures,software,databases,and devices that support problem-specific decision making.

A) problem solving system
B) expert system
C) decision support system
D) knowledge base
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
36
_____ consists of computer programs that govern the operation of a computer.

A) Hardware
B) Software
C) A server
D) The Internet
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
37
The time value of money is one of the factors taken into account for the calculation of payback period.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
38
The more consumers can obtain similar products and services that satisfy their needs,the less likely firms are to try to establish competitive advantage.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
39
The shorter the payback period,the more attractive is the project.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
40
Organizational change can be caused by internal factors as well as external factors.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
41
The technology used to create the Internet is also being applied within companies and organizations to create _____,which allow people in an organization to exchange information and work on projects.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
42
_____ is a branch of artificial intelligence that allows computers to recognize and act on patterns or trends.

A) Vision systems
B) Neural networks
C) Robotic systems
D) Natural language processing
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
43
_____ involves any business transaction executed electronically between companies (business-to-business,or B2B),companies and consumers (business-to-consumer,or B2C),consumers and other consumers (consumer-to-consumer,or C2C),business and the public sector,and consumers and the public sector.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
44
A(n)_____ is an organized collection of people,procedures,software,databases,and devices used to perform and record business deals.

A) decision support system (DSS)
B) management information system (MIS)
C) enterprise resource planning (ERP)system
D) transaction processing system (TPS)
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
45
The goal of the _____ step of systems development is to gain a clear understanding of the problem to be solved or opportunity to be addressed.

A) systems analysis
B) systems investigation
C) systems design
D) systems implementation
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
46
A(n)_____ is an organized collection of people,procedures,software,databases,and devices that stores and retrieves knowledge,improves collaboration,locates knowledge sources,captures and uses knowledge.

A) artificial intelligence system
B) expert knowledge system
C) virtual reality system
D) knowledge management system
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
47
Predicting future events to avoid problems is called _____.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
48
The _____ visa program allows skilled employees from foreign lands into the United States.

A) H-1B
B) L-1B
C) B-1
D) V-1A
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
49
_____ deals with how firms successfully plan for and implement reforms.

A) Forecasting
B) Transaction processing
C) Systems development
D) Organizational change
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
50
The _____ is the world's largest computer network,consisting of thousands of interconnected networks,all freely exchanging information.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
51
The _____ of an investment makes the net present value of all cash flows (benefits and costs)generated by a project equal to zero.

A) payback period
B) earnings growth
C) time value of money
D) internal rate of return
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
52
In some cases,inaccurate information is generated because inaccurate data is fed into the transformation process.This is commonly called _____.

A) last in,first out (LIFO)
B) garbage in,garbage out (GIGO)
C) first in,first out (FIFO)
D) first in,never out (FINO)
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
53
A(n)_____ can replace many applications with one unified set of programs,making the system easier to use and more effective.

A) transaction processing system
B) enterprise resource planning system
C) e-commerce system
D) decision support system
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
54
Michael Porter proposed a now widely accepted competitive forces model that includes _____ forces.

A) three
B) four
C) five
D) six
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
55
In information systems,_____ means converting or transforming data into useful outputs.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
56
Hiring an outside company to perform some or all of a systems development project is called _____

A) virtual reality
B) telecommuting
C) systems investigation
D) outsourcing
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
57
_____ is a strategy for gaining competitive advantage wherein a company strives to deliver distinct products and services.

A) Cost leadership
B) Differentiation
C) Niche strategy
D) Structure alteration
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
58
The _____ is the number of years required to recover the initial cost of an investment.

A) cash flow
B) payback period
C) internal rate duration
D) time value point
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
59
_____ is responsible for implementing a new information systems required to support an organization's existing and future business needs.

A) An operations group
B) A development group
C) A support group
D) The chief technology officer
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
60
An agreement between two or more companies that involves the joint introduction and distribution of goods and services is called ______.

A) niche alliance
B) cost leadership
C) strategic partnership
D) differentiation partnership
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
61
_____ is a process for testing skills and knowledge resulting in an endorsement by the certifying authority that an individual is capable of performing particular tasks or jobs.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
62
A(n)_____ is a significant and ideally long-term benefit to a company over its competition,and can result in higher-quality products,better customer service,and lower costs.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
63
_____ is a theory that proposes that every organizational system is made up of four main components-people,tasks,structure,and technology-with an interaction among the four components so that any change in one of these elements will necessitate a change in the other three elements.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
64
The collection of rules,procedures,and relationships that must be followed by an expert system to achieve value or the proper outcome is contained in the expert system's _____.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
65
_____ allow computers to learn from past mistakes or experiences,such as playing games or making business decisions.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
66
_____ is the activity of creating or modifying information systems.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
67
A(n)_____ is an organized collection of people,processes,software,databases,and devices that provides routine information to managers and decision makers.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
68
_____ is a newer form of virtual reality that has the potential to superimpose digital data over real photos or images.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
69
The _____ is a theory developed by E.M.Rogers to explain how a new idea or product gains acceptance and diffuses (or spreads)through a specific population or subset of an organization.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
70
_____ is a strategy by which an organization determinedly and systematically gathers,organizes,stores,analyzes,and shares its collective knowledge and experience.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
71
An approach to work called _____ enables people to work from home or while traveling.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
72
One of the factors that can lead to attaining a competitive advantage is the _____ among existing competitors.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
k this deck
73
The primary benefits of implementing an _____ system include easing adoption of improved work processes and increasing access to timely data for decision making.
Unlock Deck
Unlock for access to all 85 flashcards in this deck.
Unlock Deck
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74
Workers in many organizations operate in a(n)_____ environment in which software and data storage are provided by the Internet;the services are run on another organization's computer hardware,and both software and data are easily accessed.
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75
The internal rate of return of an investment is the rate of return that makes the net present value of all _____ cash flows (benefits and costs)generated by a project equal to zero.
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76
In a manufacturing organization,the _____ is a key value chain whose primary activities include inbound logistics,operations,outbound logistics,marketing and sales,and service.
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77
The _____ phase of systems development involves installing a new system into the actual production computer environment in which it is expected to run and resolving any problems uncovered in integration and testing.
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78
_____ results in enhancements to existing products,services,and ways of operating and enables an organization to continually increase profits,lower costs,and gain market share.
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79
The use of mobile,wireless devices to place orders and conduct business is called _____.
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80
The _____ takes into account the fact that a dollar today is worth more than a dollar paid in the future.
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Unlock for access to all 85 flashcards in this deck.