CIS 3130 - Test 1 Review
A disruptive innovation is:
A new product or service that has the potential to reshape an industry.
Which of the following is an example of the Hawthorne effect?
A supervisor who frequently gives feedback to the employees who report to her - both to praise them and to let them know areas where they can improve - notices that employee productivity rises.
Which of the following best describes software as a service (SaaS)?
An information system that is owner, hosted, and managed remotely by a vendor.
An enterprise resource planning (ERP) system is:
An integrated MIS system for agility and a competitive edge.
Kim and Mauborgne further refined Porter's price leadership vs. product differentiation concept by highlighting two strategies. Which strategy do they assign to Cirque d'Soleil?
Blue Ocean
Which of the following illustrates a low-cost leadership strategy?
CGlass sells inexpensive, fashionable eyewear in comparison with its competitors.
What is the third step in the decision-making process created by Herbert Simpson?
Choice
A computer network must be connected to the Internet to support:
Communicating via email with people on other networks.
Anything that gives a firm a lead over its rivals is called:
Competitive Advantage
If an increase in price results in a relatively large decrease in demand for the product, the firm cannot easily increase its profit margin. This demonstrates which of Porter's 5 forces?
Customers
A search engine continually adjusts its algorithms as more data enter its servers. This is an example of the use of:
Data analytics
In terms of information quality, define "relevance" as a factor.
Data to be collected should be useful to the organization.
Modern air travel would not be possible without:
Decision Support Systems software
A business application that obtains data from sources internal to the firm, as wellas external sources, to assist senior corporate executives in gaining a broaderview of the competitive landscape is referred to as a(n)
EIS (Executive Information System)
Which element of a PESTEL analysis is represented by the use of data mining information from the Bureau of Labor Statistics to gain insight into regional employment figures?
Economic
Which of the following is true of an ecosystem?
Events in one arena of an ecosystem can affect an entire community.
According to Mintzberg, managers take part in what organizational role when they disseminate information and strategic objectives to their subordinates?
Informational
John Locke's labor theory of property is applied to modern management theory because
It explains what motivates people to work: the desire to become personally wealthier.
Which company was formed after Elon Musk's X.com and Peter Thiel's Confinity Inc. merged, when the software that allowed Palm Pilot users to transfer funds to each other had evolved to allow payment transfers over the Internet?
PayPal
Professor Michael E. Porter published "How Competitive Forces Shape Strategy" in the Harvard Business Review. In this paper, he described how all organizations must develop plans to deal with certain factors if they wish to succeed, or even continue to exist. These became known as:
Porter's 5 Forces
What is the overall goal of a decision support system?
Problem solving by providing vital information or indicating area of influence.
Which Web 2.0 feature utilizes application programming interfaces (APIs) to automate web content and/or processes?
Software as a service (SaaS)
In Robin Dave Hospital, visiting physicians use different spreadsheets to record the name, address, mobile number, and email of clients. These individual spreadsheets are then compiled by a data-entry operator into one spreadsheet. What type of information does the compiled spreadsheet represent?
Structured Information
Of the following business computer applications, which one offers the manager a single dashboard that integrates reports from multiple logistics software products?
Supply chain management (SCM) application
The first modern transaction processing system was:
The cash register.
Durall is a leading manufacturer of decorative crafts in Canada. Which of the following, if true, indicate the threat of new entrants is high for Durall?
The crafts that Durall manufactures are low-priced.
What is the most likely reason that unstructured decisions are typically made by higher-level management?
They require strategic, long-term thinking.
What is the main purpose of content delivery networks (CDNs)?
To minimize the distance between website users and website servers.
What is the key role of a client-server network in business?
To provide personal computer users secured access to shared data.
What is the correct term for systems that allow money to be exchanged for goods and services more efficiently?
Transaction Processing Systems
White and Brown, a legal firm, stores details of each case in physical files and folders. The firm has a backroom stacked with boxes containing hundreds of files. White and Brown's storage structure resembles:
Unstructured Information.
Which of the following is true according to Porter's model?
When start-up costs are low, the threat of new entrants to existing businesses is high.
An investment firm creates a network designed to facilitate information exchange between devices at its offices in New York City and New Haven, Connecticut. Which type of network would the company use to exchange information?
Wide area network (WAN)
