Exam 10: Online Business and Technology

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IT professionals sometimes create custom software to bridge the gaps between the software products available and the needs of the firm.

(True/False)
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A group of companies that band together to purchase goods or services is called a(n)________.

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"Click and mortar" refers to businesses that sell products from both physical locations and online.

(True/False)
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Of the following,which is harmed MOST by current regulations governing the collection of sales taxes on Internet purchases?

(Multiple Choice)
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Give a brief,one-sentence description of each of the three main types of e-commerce transactions involving businesses and consumers.

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Which of the following is a function of a company's IT department?

(Multiple Choice)
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________ involves tricking a person into entering sensitive personal or financial information into a form on a website or in an e-mail,typically by convincing the person that she is dealing with a site she normally interacts with,such as her bank.

(Multiple Choice)
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As a chief information officer,Bob looks for ways that his company's technological resources can generate bigger returns on its information technology investments.Which aspect of the CIO's role is he addressing?

(Multiple Choice)
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Which of the following uses of social media would be most most likely to hurt rather than promote one's business?

(Multiple Choice)
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Most states are pleased that their residents buy products online.

(True/False)
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Data mining has proven to be a poor technique for improving the effectiveness of a firm's marketing strategies.

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What is the role of the information technology (IT)department?

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The World Intellectual Property Organization requires that e-businesses comply with the laws of ________.

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Crowdsourced funding (crowd funding)allows a great number of people who believe in a company or a product to contribute a small amount to help the company get started.

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Which of the following BEST describes how businesses convert raw data into information?

(Multiple Choice)
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Which of the following is the BEST example of how technology supports ethical conduct in hospitals?

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Technology's ability to process and document large amounts of data has better enabled people to understand interpersonal communication.

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What are the advantages to the owners and customers of a "click and mortar" business?

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The person in charge of technology-enabled information processing in companies is most often called the ________.

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