Question 1

Once a website is established, a firm must manage the site or pay a hosting service to guarantee user accessibility.

Accepted Answer

A) True 
 B)False

Question 2

Tired of slow response times, Tavin Louton believes that the increased cost will be worth it because ____ will provide her with a faster Internet connection.

Accepted Answer

A)   database technology
B)   information technology
C)   broadband technology
D)   enhanced information technology
E)   speed technologyF) A) and D)
G) C) and D) C

Question 3

A business model represents a ____ in a business situation.

Accepted Answer

A)   group of common characteristics and behaviors
B)   shared focus on customers
C)   shared focus on suppliers
D)   shared focus on profits
E)   group of shared valuesF) B) and D)
G) C) and E)

Question 4

Decision support systems and executive information systems can both help people make smarter decisions.

Accepted Answer

A) True 
 B)False

Question 5

Information rules emerge when business research confirms the same results each time it studies the same or a similar set of circumstances.

Accepted Answer

A) True 
 B)False

Question 6

A diagram that represents several items of information in a manner that facilitates comparison is called _____.

Accepted Answer

A)   media
B)   a promotional piece
C)   a design
D)   a visual display
E)   None of these answers are correctF) A) and D)
G) B) and D)

Question 7

Beth is responsible for creating a monthly newsletter for her company, EasyPayDay, that is sent out to all of the payroll company's customers, investors, and employees.For a professional-looking newsletter, Beth should use a ____ program.

Accepted Answer

A)   word processing
B)   communication
C)   database management
D)   graphics
E)   desktop publishingF) None of the above
G) A) and B)

Question 8

Academic Standard, Inc.(ASI) 
Academic Standard, Inc., sells its products through the Internet.Amanda is one of the biggest buyers of the company's products for her business.Susan, who is Amanda's sales representative, recently suggested that ASI classify Amanda as a preferred customer.
Although ASI has been successful in the past, the company recently encountered the problem of high production costs.Jonathan, a veteran employee of the company, suggested to senior management that certain aspects of production may need to be handled by other, more efficient companies.Jonathan also suggested that the company might want to create a physical store to possibly increase its visibility and potential profits.He explained many disadvantages of operating solely through the Internet.
-Refer to Academic Standard, Inc.Academic Standard can be classified as a(n)  _____.

Accepted Answer

A)   service business
B)   e-business
C)   i-business
D)   textbook business
E)   nonbusiness entityF) C) and D)
G) All of the above

Question 9

A key advantage of the Internet is that it allows the customer to interact with the firm through e-business activities.

Accepted Answer

A) True 
 B)False

Question 10

Human resources managers need management information in all except which of the following areas?

Accepted Answer

A)   wage levels and benefits packages
B)   financial ratios
C)   employment practices legislation
D)   union activities
E)   the firm's growth plansF) B) and E)
G) A) and D) B

Question 11

Gap.com, the clothier's online site, focuses on conducting business with individual customers.This represents a ____ model.

Accepted Answer

A)   B2B
B)   C2C
C)   manufacturer
D)   distributive
E)   B2CF) All of the above
G) B) and C)

Question 12

To determine if it makes sense for managers and employees to use the Internet to solve problems, firms use _____.

Accepted Answer

A)   cost/benefit analysis
B)   economic analysis
C)   profit determinants
D)   accounting ratios
E)   financial analysisF) B) and E)
G) None of the above

Question 13

Which of the following statements is incorrect?

Accepted Answer

A)   An MIS must be tailored to the needs of the organization it serves.
B)   When some firms install an MIS, they tend to save on initial costs and choose a system that is too small.
C)   Because of improvements in MIS systems, most experts recommend the same basic system for both small and large firms.
D)   When it comes to a management information system, unused capacity and complexity do nothing but increase the cost of owning and operating the system.
E)   Today, most business organizations expect much from their management information systems.F) B) and C)
G) A) and D)

Question 14

What are the two principal sources of data for a businessperson? From which source would you expect the data to be more accurate? More expensive? More easily obtained?

Accepted Answer

The two principal sources of data for a ...

Question 15

In order to present verbal or numerical information in columns and rows, Sandra Waters must use a _____.

Accepted Answer

A)   pie diagram
B)   bar chart
C)   tabular display
D)   chart program
E)   presentation matrixF) C) and D)
G) All of the above

Question 16

A group of two or more computers linked together is called a ____ network.

Accepted Answer

A)   knowledge
B)   computer
C)   database
D)   technology
E)   data applicationF) A) and B)
G) All of the above

Question 17

A software program that facilitates the management of large projects among geographically dispersed employees is a ____ program.

Accepted Answer

A)   desktop management
B)   spreadsheet
C)   database management
D)   graphical design
E)   groupwareF) C) and E)
G) A) and B)

Question 18

Which of the following statements is true?

Accepted Answer

A)   You must pay a fee in order to use a computer protocol.
B)   Today, standardization is not necessary for one computer to talk with other computers.
C)   HHP stands for highlighted topic transmission program.
D)   Internet standards are necessary for one computer to communicate with other computers.
E)   Today, there is one company that controls the computer protocols and, therefore, controls the Internet.F) A) and C)
G) A) and B) D

Question 19

Computers and software belong to which of the following specialized e-business resources?

Accepted Answer

A)   human
B)   financial
C)   material
D)   informational
E)   digitalF) A) and D)
G) C) and D)

Question 20

Most data gathered for an MIS come from _____.

Accepted Answer

A)   customers
B)   bankers
C)   external sources
D)   internal sources
E)   information obtained from data firmsF) B) and C)
G) A) and E)

Exam 14: Understanding Information and E-Business

Once a website is established, a firm must manage the site or pay a hosting service to guarantee user accessibility.

Correct Answer
verified

Tired of slow response times, Tavin Louton believes that the increased cost will be worth it because ____ will provide her with a faster Internet connection.

Correct Answer
verified
C

A business model represents a ____ in a business situation.

Correct Answer
verified

Decision support systems and executive information systems can both help people make smarter decisions.

Correct Answer
verified

Information rules emerge when business research confirms the same results each time it studies the same or a similar set of circumstances.

Correct Answer
verified

A diagram that represents several items of information in a manner that facilitates comparison is called _____.

Correct Answer
verified

Beth is responsible for creating a monthly newsletter for her company, EasyPayDay, that is sent out to all of the payroll company's customers, investors, and employees.For a professional-looking newsletter, Beth should use a ____ program.

Correct Answer
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Correct Answer
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A key advantage of the Internet is that it allows the customer to interact with the firm through e-business activities.

Correct Answer
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Human resources managers need management information in all except which of the following areas?

Correct Answer
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B

Gap.com, the clothier's online site, focuses on conducting business with individual customers.This represents a ____ model.

Correct Answer
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To determine if it makes sense for managers and employees to use the Internet to solve problems, firms use _____.

Correct Answer
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Which of the following statements is incorrect?

Correct Answer
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What are the two principal sources of data for a businessperson? From which source would you expect the data to be more accurate? More expensive? More easily obtained?

Correct Answer
Answered by ExamLex AI
The two principal sources of data for a ...
View Answer

In order to present verbal or numerical information in columns and rows, Sandra Waters must use a _____.

Correct Answer
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A group of two or more computers linked together is called a ____ network.

Correct Answer
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A software program that facilitates the management of large projects among geographically dispersed employees is a ____ program.

Correct Answer
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Which of the following statements is true?

Correct Answer
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D

Computers and software belong to which of the following specialized e-business resources?

Correct Answer
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Most data gathered for an MIS come from _____.

Correct Answer
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Exam 14: Understanding Information and E-Business

Once a website is established, a firm must manage the site or pay a hosting service to guarantee user accessibility.

Correct AnswerverifiedShow Answer

Tired of slow response times, Tavin Louton believes that the increased cost will be worth it because ____ will provide her with a faster Internet connection.

Correct AnswerverifiedC

A business model represents a ____ in a business situation.

Correct AnswerverifiedShow Answer

Decision support systems and executive information systems can both help people make smarter decisions.

Correct AnswerverifiedShow Answer

Information rules emerge when business research confirms the same results each time it studies the same or a similar set of circumstances.

Correct AnswerverifiedShow Answer

A diagram that represents several items of information in a manner that facilitates comparison is called _____.

Correct AnswerverifiedShow Answer

Beth is responsible for creating a monthly newsletter for her company, EasyPayDay, that is sent out to all of the payroll company's customers, investors, and employees.For a professional-looking newsletter, Beth should use a ____ program.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A key advantage of the Internet is that it allows the customer to interact with the firm through e-business activities.

Correct AnswerverifiedShow Answer

Human resources managers need management information in all except which of the following areas?

Correct AnswerverifiedB

Gap.com, the clothier's online site, focuses on conducting business with individual customers.This represents a ____ model.

Correct AnswerverifiedShow Answer

To determine if it makes sense for managers and employees to use the Internet to solve problems, firms use _____.

Correct AnswerverifiedShow Answer

Which of the following statements is incorrect?

Correct AnswerverifiedShow Answer

What are the two principal sources of data for a businessperson? From which source would you expect the data to be more accurate? More expensive? More easily obtained?

Correct AnswerAnswered by ExamLex AIThe two principal sources of data for a ...View AnswerShow Answer

In order to present verbal or numerical information in columns and rows, Sandra Waters must use a _____.

Correct AnswerverifiedShow Answer

A group of two or more computers linked together is called a ____ network.

Correct AnswerverifiedShow Answer

A software program that facilitates the management of large projects among geographically dispersed employees is a ____ program.

Correct AnswerverifiedShow Answer

Which of the following statements is true?

Correct AnswerverifiedD

Computers and software belong to which of the following specialized e-business resources?

Correct AnswerverifiedShow Answer

Most data gathered for an MIS come from _____.

Correct AnswerverifiedShow Answer

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C

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B

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Answered by ExamLex AI
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D

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