Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

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 ___________________

Accepted Answer

A)  Create even more powerful IT 
B)  Reduce reliance on IT 
C)  Reduce IT costs 
D)  Create novel uses of IT to gain competitive advantage.

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

Which if the following is not an example of the Internet of Things is being used by businesses?

Accepted Answer

A)  A network of ground sensors that allow agricultural operations to adjust the amount of fertilizer and water applied to specific field locations. 
B)  Sensors in shoppers club cards that make it possible for retailers to offer discounts or promotions to consumers at the point of sale. 
C)  Sensors in rental cars that allow companies to base rates on the driving behavior of their customers 
D)  Sensors on packages of cereal, pasta, soup or other food products made for children that allow companies to determine young consumer's satisfaction with the nutritional value of the product.

Question 5

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.

Accepted Answer

A) True 
 B)False

Question 6

IT reliability and efficiency is considered one of the top 5 most pressing management concerns.

Accepted Answer

A) True 
 B)False

Question 7

_____________ 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.

Accepted Answer

The answer of _____________ refers to the specialized software, capabilities,...

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

__________________ 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.

Accepted Answer

The answer of __________________ makes it possible for many users...

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

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.

Accepted Answer

A) True 
 B)False

Question 12

Strategy defines the plan for how a business will achieve its mission, goals, and objectives.

Accepted Answer

A) True 
 B)False

Question 13

IT creates markets, businesses, products, and careers.

Accepted Answer

A) True 
 B)False

Question 14

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.

Accepted Answer

The answer of Because of the shift to cloud computing,...

Question 15

_____________________ 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.

Accepted Answer

The answer of _____________________ develop requirements, budgets, and schedules for...

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

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

Accepted Answer

The answer of In 2011, CareerCast determined __________________ to be...

Question 18

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

Accepted Answer

The answer of Faced with business challenges, as a manager...

Question 19

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

Accepted Answer

A)  Model 
B)  Channel 
C)  Supply chain 
D)  Value proposition

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 1: A Look Toward the

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

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 ___________________

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

Which if the following is not an example of the Internet of Things is being used by businesses?

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.

IT reliability and efficiency is considered one of the top 5 most pressing management concerns.

_____________ 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.

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

__________________ 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.

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

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.

Strategy defines the plan for how a business will achieve its mission, goals, and objectives.

IT creates markets, businesses, products, and careers.

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.

_____________________ 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.

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

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

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

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

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