Question 1

What percentage of today's Fortune 500 companies are technology companies?

Accepted Answer

A)  5% 
B)  10% 
C)  25% 
D)  50% 
A)  5% 
B)  10% 
C)  25% 
D)  50%

Question 2

Your overall GPA is an example of _____.

Accepted Answer

A)  Data 
B)  Information 
C)  Knowledge 
D)  Business intelligence 
A)  Data 
B)  Information 
C)  Knowledge 
D)  Business intelligence

Question 3

If you were to focus on developing new technology that allowed parents to track the movements of their teenagers by implanting a small chip under their skin, you would be utilizing a(n) _____ strategy.

Accepted Answer

A)  Emergent 
B)  Top-line 
C)  Bottom-line 
D)  Sine qua non 
A)  Emergent 
B)  Top-line 
C)  Bottom-line 
D)  Sine qua non

Question 4

What is the single most important resource in any organization?

Accepted Answer

A)  Money 
B)  Opportunity 
C)  Technology 
D)  People 
A)  Money 
B)  Opportunity 
C)  Technology 
D)  People

Question 5

_____ is high when buyers have few choices from which to buy, and low when their choices are many.

Accepted Answer

The answer of _____ is high when buyers have few...

Question 6

We are now living in the _____ when most workers focus on the production of knowledge in their jobs.

Accepted Answer

A)  Industrial age 
B)  Knowledge age 
C)  Information age 
D)  Technology age 
A)  Industrial age 
B)  Knowledge age 
C)  Information age 
D)  Technology age

Question 7

Examples of input devices include a keyboard, mouse, or speaker.

Accepted Answer

A) True 
 B)False

Question 8

An example of _____ is when information you need to make a decision comes to you in a bad form.

Accepted Answer

garbage-in

Question 9

Which type of device allows you to see or hear the results of information-processing requests?

Accepted Answer

A)  Transmission 
B)  Output 
C)  RAM 
D)  CPU 
A)  Transmission 
B)  Output 
C)  RAM 
D)  CPU

Question 10

In the value chain model, support value processes include inbound logistics, operations, out bound logistics, marketing and sales, and service activities.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is not one of the five forces identified in Michael Porter's Five Forces Model?

Accepted Answer

A)  Buyer and supplier power 
B)  Threat of substitutive products or service or the threat of new entrants 
C)  Rivalry among existing competitors 
D)  Financial power 
A)  Buyer and supplier power 
B)  Threat of substitutive products or service or the threat of new entrants 
C)  Rivalry among existing competitors 
D)  Financial power

Question 12

Which of the following is not a key resource of MIS?

Accepted Answer

A)  People 
B)  Information 
C)  Technology 
D)  Methods 
A)  People 
B)  Information 
C)  Technology 
D)  Methods

Question 13

What is the type of system that processes transactions within an organization?

Accepted Answer

A)  Transaction processing system 
B)  Management information system 
C)  Business intelligent system 
D)  Decision support system 
A)  Transaction processing system 
B)  Management information system 
C)  Business intelligent system 
D)  Decision support system

Question 14

Which of the following can be considered a business process?

Accepted Answer

A)  A service provided to customers; this service generates income for your business 
B)  The specific tasks involved in processing a customer's order 
C)  The set of tasks performed by all employees who are supervised by one manager; each manager has a set of business processes that they are responsible for 
D)  A set of activities that provide value to your organization 
A)  A service provided to customers; this service generates income for your business 
B)  The specific tasks involved in processing a customer's order 
C)  The set of tasks performed by all employees who are supervised by one manager; each manager has a set of business processes that they are responsible for 
D)  A set of activities that provide value to your organization

Question 15

Software consists of the instructions executed by the computer to complete a specific task.

Accepted Answer

A) True 
 B)False

Question 16

Copying software so that your neighbor can install it on his/her machine is completely legal and ethical, unless you charge a fee for the software.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following processes considers the infrastructure, human resource management, technology development, and procurement of your business when evaluating the value chain?

Accepted Answer

A)  Support value processes 
B)  Infrastructure value processes 
C)  Internal value processes 
D)  Holistic value processes 
A)  Support value processes 
B)  Infrastructure value processes 
C)  Internal value processes 
D)  Holistic value processes

Question 18

A _____ is an extension of a transaction processing system that places technology in the hands of an organization's customers and allows them to process their own transactions.

Accepted Answer

customer s

Question 19

Within an organization information will flow in four basic directions. Which of the following describes the movement of data from operations to management?

Accepted Answer

A)  Upward 
B)  Downward 
C)  Horizontal 
D)  Outward/inward 
A)  Upward 
B)  Downward 
C)  Horizontal 
D)  Outward/inward

Question 20

Having access to information in a usable form is an example of the _____ quality attribute of information.

Accepted Answer

A)  Validity 
B)  Relevance 
C)  Form 
D)  Mode 
A)  Validity 
B)  Relevance 
C)  Form 
D)  Mode

What percentage of today's Fortune 500 companies are technology companies?

Your overall GPA is an example of _____.

If you were to focus on developing new technology that allowed parents to track the movements of their teenagers by implanting a small chip under their skin, you would be utilizing a(n) _____ strategy.

What is the single most important resource in any organization?

_____ is high when buyers have few choices from which to buy, and low when their choices are many.

We are now living in the _____ when most workers focus on the production of knowledge in their jobs.

Examples of input devices include a keyboard, mouse, or speaker.

An example of _____ is when information you need to make a decision comes to you in a bad form.

Which type of device allows you to see or hear the results of information-processing requests?

In the value chain model, support value processes include inbound logistics, operations, out bound logistics, marketing and sales, and service activities.

Which of the following is not one of the five forces identified in Michael Porter's Five Forces Model?

Which of the following is not a key resource of MIS?

What is the type of system that processes transactions within an organization?

Which of the following can be considered a business process?

Software consists of the instructions executed by the computer to complete a specific task.

Copying software so that your neighbor can install it on his/her machine is completely legal and ethical, unless you charge a fee for the software.

Which of the following processes considers the infrastructure, human resource management, technology development, and procurement of your business when evaluating the value chain?

A _____ is an extension of a transaction processing system that places technology in the hands of an organization's customers and allows them to process their own transactions.

Within an organization information will flow in four basic directions. Which of the following describes the movement of data from operations to management?

Having access to information in a usable form is an example of the _____ quality attribute of information.

Major Business Initiatives

Databases and Data Warehouses

Decision Support and Artificial Intelligence

Electronic Commerce

Systems Development

Enterprise Infrastructure, Metrics, and Business Continuity Planning

Protecting People and Information

Emerging Trends and Technologies

Filters

Exam 1: The Information Age in Which You Live

What percentage of today's Fortune 500 companies are technology companies?

Your overall GPA is an example of _____.

If you were to focus on developing new technology that allowed parents to track the movements of their teenagers by implanting a small chip under their skin, you would be utilizing a(n) _____ strategy.

What is the single most important resource in any organization?

_____ is high when buyers have few choices from which to buy, and low when their choices are many.

We are now living in the _____ when most workers focus on the production of knowledge in their jobs.

Examples of input devices include a keyboard, mouse, or speaker.

An example of _____ is when information you need to make a decision comes to you in a bad form.

Which type of device allows you to see or hear the results of information-processing requests?

In the value chain model, support value processes include inbound logistics, operations, out bound logistics, marketing and sales, and service activities.

Which of the following is not one of the five forces identified in Michael Porter's Five Forces Model?

Which of the following is not a key resource of MIS?

What is the type of system that processes transactions within an organization?

Which of the following can be considered a business process?

Software consists of the instructions executed by the computer to complete a specific task.

Copying software so that your neighbor can install it on his/her machine is completely legal and ethical, unless you charge a fee for the software.

Which of the following processes considers the infrastructure, human resource management, technology development, and procurement of your business when evaluating the value chain?

A _____ is an extension of a transaction processing system that places technology in the hands of an organization's customers and allows them to process their own transactions.

Within an organization information will flow in four basic directions. Which of the following describes the movement of data from operations to management?

Having access to information in a usable form is an example of the _____ quality attribute of information.

Major Business Initiatives

Databases and Data Warehouses

Decision Support and Artificial Intelligence

Electronic Commerce

Systems Development

Enterprise Infrastructure, Metrics, and Business Continuity Planning

Protecting People and Information

Emerging Trends and Technologies

Filters