OMIS 351 Final

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Unit 1: If it costs $1 to fix an error in the Planning (1st) step of the SDLC, how much would that error cost in the Development step?

$1,000.

Unit 3: How many BYTES can a 1 GHz 32 bit chip process per second?

(1 Billion)*32/8.

Unit 1: A MAJOR goal of OMIS 351 students, all future business leaders...

... Learn to match technology solutions to business problems.

Unit 2: A MAJOR goal of OMIS 351 is to help OMIS 351 students, all future business leaders....?

.... Learn to match technology solutions to business problems.

Unit 3: How many BITS in the ASCII expression "RFID"?

32.

Unit 4: If there are about 2 billion internet users, about how many internet users consider the internet SAFE for E-Commerce?

800,000,000

Unit 1: If you get to drop one of seven quizzes, and each quiz is 25 points, which is the correct way to calculate your quiz average in Excel if quizzes are stored in columns K through Q?

=(sum(K2:Q2)-min(K2:Q2))/6/25*100

Unit 2: If a product has become a commodity and the Internet has created price transparency for that product, which of the following would be a likely negative outcome at some point for the company selling that product?

A customer could come in and act all "tought" with his/her demands.

Unit 3: Which of the following is true of SAP?

A database sits at the center of a company's SAP system.

Unit 6: What is a data warehouse?

A large, batch- updated and "cleaned" database storing organization wide data.

Unit 3: Which of the following is an example of computer hardware?

A video game console.

Unit 4: What is an example of cybersquatting?

Acquiring a domain name to extort a firm, individual, product, or trademark holder.

Unit 5: User- generated concept online means firms may:

All of the above. -Get early user feedback of their products and services -Need to manage their online image -Have positive or negative effects from viral content -Have proprietary information released by employees

Unit 3: What does a fourth generation (4GL... highest level) software language do?

Allows the user to specify the desired outcome, and the computer handles the rest (writes/produces the program).

Unit 2: Which of these examples best illustrates the "Brand" lens?

Amazon slightly raising prices on books knowing that you're likely to go to them first and possibly not even compare prices elsewhere.

Unit 5: If there are 80 million power drills in the US used for an average of 13 minutes each per year, a good sharing economy/collaborative consumption business idea would be....?

An app or site that allowed multiple users in close proximity to "check out" and return a single drill.

Unit 1: One contributor to the ease with which young entrepreneurs can have success is low- cost distribution to massive markets worldwide. This is enabled by....?

App stores.

Unit 1: Which is the best reason that non- technical majors should care about OMIS 351?

Because every business student, regardless of major, will be confronted with decisions regarding matching technology solutions to business problems.

Unit 1: If a person gets a great idea for a possible information technology solution to a business process problem, the first thing he/she should do is...

Begin processing through the stages of the SLDC, starting with "Planning".

Unit 1: If the "light bulb" in your head goes on, and you get a great idea for a possible information technology solution to a business problem, the first thing you should do is:

Begin progressing through the stages of the SDLC.

Unit 3: As discussed in lecture, telecom "talks" in _______ and hardware storage "talks" in ________?

Bits, Bytes.

Unit 1: Which of the careers listed below can be found in consulting organizations?

Both A and B -Computer programmer Analysts

Unit 3: Systems that use data created by other systems to provide reporting and analysis for organizational decision making are called ______ systems?

Business Intelligence (BI).

Unit 7: How did Dr. Downing improve the organic search results for his Kirk Herbstreit joke in fall 2012 (How would anyone improve results)?

By linking text like the "NIU BCS Kirk Herbstreit joke" to chuckdowning.com from webpages.

Unit 3: The best definition of "Moore's law" is.....?

Chip performance per dollar doubles every 18 months.

Unit 2: A low ______ is usually key to a firm's profitability because acquiring a customer is more expensive than keeping one.

Churn rate.

Unit 3: Which of the following statements regarding cloud computing is true?

Cloud computing has led to decreased hardware and software sales at many firms, while increasing service expenses.

Unit 3: As discussed in class, which would be an example of "momentum", in the business sense?

Companies use COBOL instead of newer software.

Unit 1: Two groups of three similar words are listed below. What word(s) is/are missing? Computer Age, Efficiency, Speed--> Information Age, Effectiveness, _______?

Competitive Advantage.

Unit 2: You are at a packed stadium for the big game and you want to upload a photo of your team's touchdown using Instagram. Your mobile phone shows five bars of service, but you still can't access the Internet. This is likely an example of _______?

Congestion effects.

Unit 2: ______ Involves outsourcing production to third- party firms?

Contract manufacturing

Unit 3: Microsoft's Xbox operating system provides Xbox programmers with a set of common standards to use to access controllers, the Kinect motion sensor, play sounds, draw graphics, save files, and more. Without this, games would.....?

Cost more.

Unit 4: "HTML" is used in.....?

Create and format Web pages.

Unit 3: ______ is a set of standards for exchanging messages containing formatted data between computer applications.....?

EDI.

Unit 2: _____ is a non- profit organization that shares audit information on contract manufacturers among members of the apparel industry and other industries?

Fair factories clearinghouse.

Unit 2: Apple, which controls over 75% of digital music sales, was able to dictate song pricing for years, despite the tremendous protests of the record labels. This implies that....?

Firms with strong market dominance can enjoy substantial bargaining power over partners.

Unit 2: Startup firms can struggle to gain lower prices from rivals, but FreshDirect seems to have found several ways to gain lower supplier prices. FreshDirect buys direct from suppliers, eliminating any markup from a middleman. In addition to this, the firm employs other methods to get lower prices from suppliers. Which of the following is not a way FreshDirect helps suppliers in exchange for supplier aggreement to offer it better pricing terms?

FreshDirect shares warehouse space with farmers and livestock producers.

Unit 1: In just five years, _______ has bought a whopping 103 firms.....?

Google.

Unit 3: Solid state components are less likely to fail because they....?

Have no moving parts.

Unit 3: Writing software is easier for people if they use a(n) ______ and more efficient for the computer if they use a(n) _______?

High level language; low level language.

Unit 3: One of Facebook's key resources for competitive advantage is....?

High switching costs.

Unit 1: Which of the following is NOT a benefit of using Excel and web pages, as done in VC1?

If you want to drop the lowest value (like a quiz) in a range, and get the average of the remaining values, use =avg(<range>;-1).

Unit 1: Which of the following is false when thinking about matching business process problems and technology solution, as described in unit 1?

If your technology solution involves programming or building a system, you need to enroll in a training course to obtain that skill.

Unit 4: It is _____, yet _______ for an organization to implement internet security?

Inefficient, Effective.

Unit 2: Kathy has access to the Internet and is able to search and compare the price and quality of the products she wants to purchase. However, Martin does not have access to the Internet and says in a remote town where he is not able to get such details regarding the product or service he wants tot purchase. Such a decision situation where Kathy has more or better knowledge about products or services than Martin is known as _______?

Information asymmetry.

Unit 1: Which of the following is THE major theme of OMIS 351 this semester?

Information technology should be used to serve the goals of the business.

Unit 2: Which of the following is true of disruptive technologies?

Initially under-performing incumbents, over time their performance attributes can improve to the point where they invade established markets.

Unit 1: The phrase _____ is often used to describe the trend of putting "smarts" (meaning computing and telecommunications technology) into everyday products such as lamps, watches, thermostats, and door locks; as well as embedding tech into industrial goods?

Internet of Things (IoT).

Unit 2: Which of the following is true of Amazon Web Services (AWS)?

It is just a single- digit percentage of Amazon's overall revenue.

Unit 1: Tech impact is reaching even beyond the confines of Earth itself. According to an example in your chapter, how was a tool on the International Space Station recently acquired?

It was printed on-demand using 3D printing technology.

Unit 1: Amazon was started by....?

Jeff Bezos

Unit 2: Uber and PayPal used similar strategies when trying to jumpstart network effects that were vital in creating their dominance. What did each do?

Leveraged viral customer promotions by giving incentives to consumers who helped recruit friends to the service.

Unit 2: Microsoft has heavily promoted the search engine Bing. This is an attempt to take advantage of a weakness in the network effects of search engines. Which of the following describes this weakness?

Low switching costs.

Unit 3: Which of the following is an example of application software?

MS Word.

Unit 1: What's a good example of information as an asset?

MasterCard using your payment history to establish a credit score for you and selling it.

Unit 6: With regard to data, for you to make a large contribution to your organization, you could suggest which?

Move organization information out of spreadsheets, into a relational DBMS, and then centralizes the database.

Unit 2: You learn that a party at Frat House A will have 150 people, and a party at Frat House B will have 5 more people. You don't know any of the people and each party costs $5 to get in. You choose Frat House A because of...?

Network Effects.

Unit 1: As discussed in class, the guy who "invented" slice bread actually invented:

None of the above -Bread -Slicing

Unit 3: Android is a software product developed by Google that allows cell phone manufacturers to control hardware and establishes standards for developing and executing applications on its platform. Android is thus an example of a(n) ______?

Operating system.

Unit 1: A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of technology in the area of ______?

Operations.

Unit 1: Which feasibility study ("If we build it, will they come?") involves using stakeholder analysis of project champion(s), organizational management, and system users?

Operations/ Organizational.

Unit 2: Operational effectiveness refers to.....?

Performing the same tasks better than rivals perform them.

Unit 1: In the VC1 assignment, in what format were the Excel Grades page and Excel Formulas page recommended to be posted to your web page?

Picture.

Unit 1: What is the order of the Systems Development Life Cycle?

Planning, Analysis, Design, Development, Testing, Implementation, Maintenance.

Unit 3: 1 petabyte= 1 ________ bytes?

Quadrillion.

Unit 6: An _______ is a tool for extracting, combining, and displaying data from one or more tables, according to any criteria specified?

Query.

Unit 2: Chuck and Kyle's coffee shop is now offering a "buy 5 cups of coffee, get 1 free", promotion. This loyalty program has the purpose of...?

Reducing the buyer power.

Unit 2: Chuck and Rock's coffee show is now offering a "buy 7 cups of coffee, get 1 free" promotion. This loyalty program has the purpose of....?

Reducing the buyer's power.

Unit 4: What devices (combination of hardware and software) sit on/in the "W's" (web servers) in the WWW network picture shown in class and direct packet traffic?

Routers.

Unit 3: Which of the following is WRONG?

SCM deals mostly with internal operational effectiveness.

Unit 2: Netflix offers its subscribers a selection of over 100,000 titles, while other video rental firms can only offer as much as 3,000. This presents a significant ______ for Netflix over its rivals......?

Scale advantage.

Unit 3: All of the following are true of the intent of an ERP system, like SAP, EXCEPT?

Should be ideally configured to use different database systems, instead of the central database system, to avoid the possibility of data redundancy.

Unit 1: Business Process Automation (BPA) and Business Process Re-engineering (BPR) are:

Significantly different means of bringing change to business processes.

Unit 2: Which of the following products or services is not subject to network effects?

Snack chip manufacturing.

Unit 1: ______ Has emerged as a catalyst for global change, with Facebook and Twitter playing key organizing roles in uprisings worldwide?

Social Media.

Unit 3: Grid computing is a type of computing in which.....?

Special software is installed on several computers enabling them to work together on a common problem.

Unit 3: The term _____ refers to computers that are among the fastest of any in the world at the time of their introduction.

Supercomputers.

Unit 2: Zara's IT expenditure is low by fashion industry standards and is also highly effective. Which of the following makes this possible?

Targeting technology investment at points in the value chain where it has the most significant impact.

Unit 2: Which of the following would cause you the LEAST trouble if you tried to start your own EBay?

Technology (I couldn't get or pay to have the site work).

Unit 2: Operational effectiveness is usually not enough to yield sustainable competitive advantage because....?

Technology can be easily acquired.

Unit 4: Why would a digital cellular network be better than an analog cellular network?

The 1's and 0's allow for multiple calls on one frequency (multiplexing) making it cheaper, as well as better quality checks making in clearer.

Unit 4: Why would a digital cellular network be better than an analog cellular network?

The 1's and 0's allow for multiple calls on one frequency (multiplexing) making it cheaper, as well as better quality checks making it clearer.

Unit 3: Zara's use of RFID tags can be considered an example of.....?

The IoT.

Unit 1: Some of the radical changes brought about by new technologies include...?

The creation of unprecedented set of security and espionage threats.

Unit 2: Which of the following would NOT likely be a switching cost, which would prevent someone from changing cell phone providers?

Their cell provider uses obsolete technology.

Unit 4: Packets (like on the Web) are more efficient than a dedicated circuit (like POTS) because....?

They can be separately routed to take the cheapest, fastest path.

Unit 2: Which of the following is not one of Porter's Five Forces?

Threats of hostile takeover.

Unit 2: American Express, a credit card firm, provides services to consumers that include plastic cards, individual accounts, and phone-based customer service. It also provides merchants with services, such as terminals for authorizing transactions and procedures for submitting chargers. Based on the above facts, American Express is said to be in a _______ market?

Two-sided.

Unit 1: Which of the following is NOT a good example of a way technology could improve a business process?

Use the most up-to-date smart phone technology.

Unit 1: Which of the following is the best example of matching a technology solution to a business problem?

Using GPS to track Huskie bus locations and giving that information to students.

Unit 2: Which of these examples best illustrates the "5 Forces" lens?

Using a Loyalty Card to encourage customers to return frequently ("Lock in".... reduce customer power).

Unit 2: Which of these examples best illustrates the "Value Chain Analysis" lens?

Using a web site to share inventory status with both customers and suppliers.

Unit 1: What is the function that we have used in VC1 to search for relative grades in Grades Table?

VLOOKUP.

Unit 2: The ______ strategic lens (1 of 7) will almost always involve improving technology option and connections with suppliers and customers.

Value Chain Analysis.

Unit 3: After completing the Sales Order (step 2 in the SAP Document Flow Instructions Word Document), what is a good way to verify you've done it?

View the Document Flow by going to "Logistics--> Sales and Distribution--> Sales--> Order--> Display".

Unit 3: _____ allow(s) a server to run what amounts to a copy of a PC-OS, applications, and all-- and simply deliver an image of what's executing to the remote device.....?

Virtual desktops.

Unit 7: Search engines use _______ to discover documents for indexing and retrieval?

Web crawlers.

Unit 3: ______ are software systems designed to support interoperable machine-to-machine interaction over a network.

Web services.

Unit 3: Cloud computing is not suited for situations:

Where complex legacy systems have to be ported (transferred).

Unit 3: Cloud computing is not suited for situations?

Where complex legacy systems have to be ported.


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