Q1. How a company generates revenue from its assets is referred to as its ______

Question

Q1. How a company generates revenue from its assets is referred to as its __________.
   a. asset infrastructure
   b. business model
   c. corporate culture
   d. organizational structure

Q2. A negative ethical impact of mobile marketing efforts is that they can be __________.
   a. invasive
   b. expensive
   c. innovative
   d. pervasive

Q3. Which of the following is a characteristic of competitive advantage?
   a. It is a long lasting edge over competitors if based on IT.
   b. It is short-lived if competitors quickly duplicate it.
   c. It requires the use of social media and networks.
   d. It always provides a big strategic payoff.

Q4. __________ involves the evaluation of strengths and weaknesses, which are internal factors; and opportunities and threats, which are external factors.
   a. Strategic analysis
   b. Business performance
   c. Operational planning
   d. SWOT analysis

Q5. Ethical issues can be challenging because:
   a. there are no standards of right and wrong.
   b. security is more important than privacy.
   c. all countries agree on what is ethical.
   d. what is considered ethical by one person may seem unethical to another.

Q6. Why are companies, such as Monsanto and Wells Fargo, willing to invest in the building of new data centers?
   a. To stop wasting capital maintaining outdated energy-inefficient data centers.
   b. To comply with government energy regulations.
   c. To develop new computing capabilities.
   d. To improve business process performance.

Q7. __________ involve the purchase of materials, the processing of materials into products, and delivery of products to customers.
   a. Supply chains
   b. Logistics
   c. Primary activities
   d. Support activities

Q8. Decision makers manipulate models in a DSS to perform __________ analysis, which refers to changing assumptions or data in the model to see the impacts of those changes on the outcome.
   a. goal seeking
   b. experimental
   c. structured
   d. what-if

Q9. A transaction processing system (TPS):
   a. processes raw data.
   b. does reporting.
   c. extracts, transforms, and loads data.
   d. does advanced data analysis.

Q10. Sales of fresh produce drop during an E. coli food contamination crisis. What type of reports would be generated in this unique situation?
   a. Periodic
   b. Exception
   c. Ad hoc
   d. Functional

Q11. When employees log into the company network or e-mail accounts, or access data or documents to perform their jobs, two critical factors impacting their productivity are:
   a. password strength and availability of mobile networks.
   b. cloud computing and software applications.
   c. virtualization and private clouds.
   d. speed of the response and the reliability of the hardware.

Q12. IT infrastructure is the collection of:
   a. hardware and software.
   b. hardware, software, and networks.
   c. hardware, software, networks, and mobile devices.
   d. hardware, software, processes, networks, and users.

Q13. __________ consists of data that have been processed, organized, and put into context to be meaningful, and to convey understanding, experience, accumulated learning, and expertise.
   a. Information
   b. A transaction
   c. Knowledge
   d. Wisdom

Q14. The general name for Internet-based infrastructures is __________.
   a. social networking
   b. cloud computing
   c. Web 1.0
   d. Web 2.0

Q15. Which is not an advantage and capability of a DBMS?
   a. security
   b. audit trail
   c. backup
   d. physical view

Explanation / Answer

Q1. How a company generates revenue from its assets is referred to as its __________.
   a. asset infrastructure - it bulds and amintain solid infrastructure
   b. business model - it identifies sources of revenues
   c. corporate culture - it refers to the behaviours or employee
   d. organizational structure - it moves towards the aim of the organization

Q2. A negative ethical impact of mobile marketing efforts is that they can be __________.
   a. invasive - tends to spread very quickly - it is a negative impact of mobile marketing
   b. expensive - it costs much
   c. innovative - introducing new methods or advanced methods
   d. pervasive - widele spreading

Q3. Which of the following is a characteristic of competitive advantage?
   a. It is a long lasting edge over competitors if based on IT.
   b. It is short-lived if competitors quickly duplicate it.
   c. It requires the use of social media and networks.
   d. It always provides a big strategic payoff.

Q4. __________ involves the evaluation of strengths and weaknesses, which are internal factors; and opportunities and threats, which are external factors.
   a. Strategic analysis - It uses SWOT analysis as a tools for strategic analysis
   b. Business performance - managing the performance of the organization inorder to achieve the goal
   c. Operational planning - inorder to achieve the goal of an organization, planning the contribution of the team
   d. SWOT analysis

Q5. Ethical issues can be challenging because:
   a. there are no standards of right and wrong.
   b. security is more important than privacy.
   c. all countries agree on what is ethical.
   d. what is considered ethical by one person may seem unethical to another.

Q6. Why are companies, such as Monsanto and Wells Fargo, willing to invest in the building of new data centers?
   a. To stop wasting capital maintaining outdated energy-inefficient data centers.
   b. To comply with government energy regulations.
   c. To develop new computing capabilities.
   d. To improve business process performance.

Q7. __________ involve the purchase of materials, the processing of materials into products, and delivery of products to customers.
   a. Supply chains - process involved in production
   b. Logistics - complex operation gets implemented
   c. Primary activities - purchasing material, and into products and to customer delivery
   d. Support activities - it is within the primary activity by creating subactivity

Q8. Decision makers manipulate models in a DSS to perform __________ analysis, which refers to changing assumptions or data in the model to see the impacts of those changes on the outcome.
   a. goal seeking - performs backward calculation
   b. experimental - ideas which are untested
   c. structured - providing pattern
   d. what-if - changing value values in the cells to check the outcome effects

Q9. A transaction processing system (TPS):
   a. processes raw data.
   b. does reporting.
   c. extracts, transforms, and loads data.
   d. does advanced data analysis.

Q10. Sales of fresh produce drop during an E. coli food contamination crisis. What type of reports would be generated in this unique situation?
   a. Periodic - occuring at intervals
   b. Exception - excluding the rule
   c. Ad hoc - created due to particular purpose
   d. Functional - based on purpose

Q11. When employees log into the company network or e-mail accounts, or access data or documents to perform their jobs, two critical factors impacting their productivity are:
   a. password strength and availability of mobile networks.
   b. cloud computing and software applications.
   c. virtualization and private clouds.
   d. speed of the response and the reliability of the hardware.

Q12. IT infrastructure is the collection of:
   a. hardware and software. - two elements of computer system
   b. hardware, software, and networks. - information system resources
   c. hardware, software, networks, and mobile devices. components of mobile
   d. hardware, software, processes, networks, and users.

Q13. __________ consists of data that have been processed, organized, and put into context to be meaningful, and to convey understanding, experience, accumulated learning, and expertise.
   a. Information - learning about something
   b. A transaction - refers to the buy or sell
   c. Knowledge - data is process and oraganized into meaningful format
   d. Wisdom - having great experience or knowledge

Q14. The general name for Internet-based infrastructures is __________.
   a. social networking - Netlog
   b. cloud computing - Internet - based infrastructure
   c. Web 1.0 - Read only web
   d. Web 2.0 - Read write web

Q15. Which is not an advantage and capability of a DBMS?
   a. security
   b. audit trail
   c. backup
   d. physical view

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