Technology in Business - MS Chapter 1 & MS Excel Lab 1 Quiz Review

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In each of the years between 1999 and 2019, capital investment in information technology, consisting of IT equipment, software, and research and development (R&D), accounted for over ________ percent of U.S. total capital spending (in nominal GDP).

40%

The _________ displays the columns and rows that intersect to form the worksheet's cells.

A) Quick Access Toolbar B) Formula Bar C) Worksheet grid area D) name box Answer: C) worksheet grid area

_________ are streams of raw facts.

Data

Selling not only physical products, but also services.

E-commerce expansion

A continuing stream of information technology innovation is transforming the traditional business world.

IT Innovations

______ converts raw data into a meaningful form.

Information

________ consists of all the hardware and software that a firm uses to achieve its business objects.

Information technology (IT)

Emergence of online video services for streaming or downloading.

New business models

_______transfers the information to the people.

Output

All excel formulas begin with a(n) _________.

a) # sign b) % sign c) = sign d) + sign Answer: c) = sign

Hold down the. _________ key to select nonadjacent cells.

a) Ctrl b) spacebar c) f2 d) alt Answer: a) Ctrl

In Excel, row headings are identified by ___________.

a) Roman numerals b) numbers c) uppercase letters d) lowercase letters Answer: b) numbers

TIny charts embedded in a cell that display a visual trend summary alongside your data are called ____________.

a) data series b) data labels c) sparklines d) data markers. Answer: c) sparklines

A cell address is also referred to as a(n) __________.

a) label b) cell reference c) active cell d) value Answer: b) cell reference

Where is the fill handle located?

a) on the Home tab b) on the Quick Access toolbar c) in the lower right corner of a selected cell d) in the top right corner of an active cell Answer: c) in the lower right corner of a selected cell

Managers use social networks and _____________

collaboration tools

More emphasis on employees taking on multiple roles/tasks and collaborating with others on a team. Use __________ to listen to customers.

social media


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