OMIS Final Exam
If it cost $1 to fix an error in the Planning (1st) step of the SDLC, how much would that error cost in the Development step? (quiz 1)
$100
How many BYTES can a 1 GHz 32 bit chip process per second? (quiz 3)
(1 Billion) * 32 / 8
How many BITS in the ASCII expression "RFID"? (quiz 3)
32
UNIT 4 EXAM QUESTION There are about 2 billion internet users about how many internet users consider the internet safe for E business?
800,000,000
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? (quiz 1)
= (sum(K2:Q2) - min(K2:Q2)) / 6 /25 *100.
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? (quiz 2)
A customer could come in and act all "tough" with his/her demands.
Which of the following is an example of computer hardware? (quiz 3)
A video game console
What does a fourth generation (4GL... highest level) software language do? (quiz 3)
Allows the user to specify the desired outcome, and the computer handles the rest (writes/produces the program).
Which of these examples best illustrates the "Brand" lens? (quiz 2)
Amazon slightly raising prices on books knowing that you're likely to go to them first and possibly not even compare prices elsewhere
Which of the careers listed below can be found in consulting organizations? (quiz 1)
Analysts and computer programmers (both a and b)
One contributor to the ease with which young entrepreneurs can have success is low-cost distribution to massive markets worldwide. This is enabled by: (quiz 1)
App stores
Why would worker shifts be more efficient at FreshDirect than traditional grocery stores? (NIU Response 9/19)
Because FreshDirect can aggregate customers' orders and smooth out the demand for labor
Why is Unit 2 (this unit, "Strategic Frameworks") important? Pick the most important reason: (NIU Response 9/14)
Because I need to be able to determine whether a technology solution to a business problem is beneficial for my organization.
Which is the best reason that non-technical majors should care about OMIS 351? (quiz 1)
Because every business student, regardless of major, will be confronted with decisions regarding matching technology solutions to business problems.
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: (quiz 1)
Begin progressing through the stages of the SDLC
Ford moving from the "Before" picture shown in class to the "After" picture is an example of... (NIU Response 9/12)
Business Process Improvement
The best definition of "Moore's law" is: (quiz 3)
Chip performance per dollar doubles every 18 months.
Which of the following statements regarding cloud computing is true? (quiz 3)
Cloud computing has led to decreased hardware and software sales at many firms, while increasing service expenses.
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 ______. (quiz 2)
Congestion effects
_____ involves outsourcing production to third-party firms. (quiz 2)
Contract manufacturing
_____ is a non-profit organization that shares audit information on contract manufacturers among members of the apparel industry and other industries. (quiz 2)
Fair Factories Clearinghouse
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 agreement to offer it better pricing terms? (quiz 2)
FreshDirect shares warehouse space with farmers and livestock producers
In just five years, _____ has bought a whopping 103 firms (quiz 1)
Which of these examples best illustrates the "Resource Based View of Competitive Advantage" lens? (NIU Response 9/14)
Google using its massive user base to easily introduce and achieve success with new offerings, often giving those offerings away for free. (there were multiple options)
Writing software is easier for people if they use a(n) ________ and more efficient for the computer if they use a(n) _____________. (quiz 3)
High level language; low level language
UNIT 1 FINAL EXAM QUESTION 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 =AVERAGE(<range>,-1)
UNIT 1 FINAL EXAM QUESTION Which of the following is false about matching business process problems and technology solutions?
If your tech solution involves programming or building a system, you need to enroll in a training course to obtain that skill
Which of the following is THE major theme of OMIS 351 this semester? (quiz 1)
Information Technology should be used to serve the goals of the business
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. (quiz 1)
Internet of Things(IoT)
Which of the following is true of Amazon Web Services (AWS)? (quiz 2)
It is just a single-digit percentage of Amazon's overall revenue.
What is a website? (NIU Response 8/29)
It's just a computer file or files (in html) that's on a "web server", which is a computer that can "serve", or present, pages to anyone with a browser.
Amazon was started by: (quiz 1)
Jeff Bezos
Use Porter's Competitive Forces ("Five Forces") model to explain what competitive environments were affected by the release of the IPad. (NIU Response 9/21)
Kindle was threatened by a new entrant (book reader). Notebook makers like Dell were threatened by a substitute. Proprietary computer tablet makers (like those used by some insurance adjustors) were threatened by new industry competition.
Uber and PayPal used similar strategies when trying to jumpstart network effects that were vital in creating their dominance. What did each do? (quiz 2)
Leveraged viral customer promotions by giving incentives to consumers who helped recruit friends to the service.
Which of the following is an example of application software? (quiz 3)
MS Word
What's a good example of information as an asset? (quiz 1)
MasterCard using your payment history to establish a credit score for you and selling it
Which of these examples best illustrates the "Network Effects" lens? (NIU Response 9/19)
MySpace getting overcome and crushed by Facebook to the point of near irrelevance.
Which of these examples best illustrates the "Patents" lens? (NIU Response 9/19)
Personal Audio suing Apple ("Play Lists"), Adam Carolla (Podcasts), and others, saying it had exclusive rights to their technical innovations.
What is the order of the Systems Development Life Cycle? (quiz 1)
Planning, Analysis, Design, Development, Testing, Implementation, Maintenance
Which steps of the SDLC will ALL member of OMIS 351 likely be involved in sometime in the future? (NIU Response 9/12)
Planning, Analysis, Testing, Implementation and Maintenance only.
Which concepts does the Zara case illustrate? (NIU Response 9/21)
Rare products are often attractive to customers. A value chain which is hard to imitate. Tech can help co.s learn what customers want.
Chuck and Rock's coffee shop is now offering a "buy 7 cups of coffee and get 1 free" promotion. This loyalty program has the purpose of? (quiz 2)
Reducing the buyer's power
Which two of Porter's forces is Walmart most likely worried about? (NIU Response 9/21)
Rivalry among/between existing competitors and buyer power.
Which of the following is WRONG? (quiz 3)
SCM deals mostly with internal operational effectiveness.
Business Process Automation (BPA) and Business Process Reengineering (BPR) are: (quiz 1)
Significantly different means of bringing change to business processes
_____ has emerged as a catalyst for global change, with Facebook and Twitter playing key organizing roles in uprisings worldwide (quiz 1)
Social Media
Zara's IT expenditure is low by fashion industry standards and is also highly effective. Which of the following makes this possible? (quiz 2)
Targeting technology investment at points in the value chain where it has the most significant impact
Which of the following would cause you the LEAST trouble if you tried to start your own EBay? (quiz 2)
Technology (I couldn't get or pay to have the site work)
UNIT 4 EXAM QUESTION 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
Which of these examples best illustrates the "Scale" lens? (NIU Response 9/19)
The increasing value of Dr. Downing's research conclusions, using classroom student surveys, as his class sizes grow. (there were multiple options)
Which of the following would NOT likely be a switching cost which would prevent someone from changing cell phone providers? (quiz 2)
Their cell provider uses obsolete technology.
Which of the following is not one of Porter's Five Forces? (quiz 2)
Threats of hostile takeover
(RBVoCA) Much money was lost early this century (starting 2000-ish) in Telecom. They laid tons of fiber-optic cable. Why was that bad, according to the RBVoCA? (NIU Response 9/19)
Too much laid... it became less rare and less valuable.
What's another way Jewel could use their POS strategically ("Information Age")? (NIU Response 9/7)
Track and manage inventory and Track and target specific customers. (both a and b)
Which of the following is NOT a good example of a way technology could improve a business process? (quiz 1)
Use the most up-to-date smart phone technology.
Which of the following is the best example of matching a technology solution to a business problem? (quiz 1)
Using GPS to track Huskie bus locations and giving that information to students
Which of these examples best illustrates the "5 Forces" lens? (quiz 2)
Using a Loyalty Card to encourage customers to return frequently ("Lock in"... reduce customer power).
Which of these examples best illustrates the "Value Chain Analysis" lens? (quiz 2)
Using a web site to share inventory status with both customers and suppliers.
What is the function that we have used in VC1 to search for relative grades in Grades Table? (quiz 1)
VLOOKUP
ou want to start a new ecommerce (Web) business to remove the bookstore. You want to match students selling books to students buying book. Which lens may cause you to NOT proceed? (NIU Response 9/19)
Value Chain, 5 Forces (incl. switching costs and barriers to entry), Resource-Based View of Competitive Advantage (RBVoCA): valuable, rare, imperfectly imitable, nonsubstitutable, Brand, Scale, Network Effects, Patents (all of the above)
UNIT 2 FINAL EXAM QUESTION The ______ strategic lens (one of 7 from unit 2) will almost always involve improving tech options and connections with suppliers and customers
Value chain analysis
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? (quiz 3)
View the Document Flow by going to "Logistics-> Sales and Distribution -> Sales -> Order - > Display"
UNIT 6 EXAM QUESTION What is a data warehouse?
a large batch updated and cleaned database storing organization wide data
UNIT 5 EXAM QUESTION User generated content online means firms may....
all of the above
UNIT 5 EXAM QUESTION If there are 80 million power drills in the U.S used for an average of 13 minutes each 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
Which of the following products or services is not subject to network effects? (quiz 2)
b. Snack chip manufacturing
A low _____ is usually key to a firm's profitability because acquiring a customer is more expensive than keeping one. (quiz 2)
churn rate
Two groups of three similar words are listed below. What word(s) is missing? Computer Age, Efficiency, Speed ==> Information Age, Effectiveness, __________. (quiz 1)
competitive advantage
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: (quiz 3)
cost more.
Apple, which controls over 75 percent of digital music sales, was able to dictate song pricing for years, despite the tremendous protests of the record labels. This implies that: (quiz 2)
firms with strong market dominance can enjoy substantial bargaining power over partners.
Solid state components are less likely to fail because they: (quiz 3)
have no moving parts.
One of Facebook's key resources for competitive advantage is: (quiz 3)
high switching costs.
UNIT 4 EXAM QUESTION It is ______ yet ______ for an organization to implement internet security
inefficient, effective
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 stays in a remote town where he is not able to get such details regarding the product or service he wants to purchase. Such a decision situation where Kathy has more or better knowledge about products or services than Martin is known as _____. (quiz 2)
information asymmetry
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? (quiz 1)
it was printed on demand using 3D printing technology
A MAJOR goal of OMIS 351 is to help OMIS 351 students, all future business leaders, ... (quiz 1)
learn to match business problems and technology solutions
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? (quiz 2)
low switching costs
UNIT 6 EXAM QUESTION With regard to data for you to make a large contribution to your organization you could suggest....
move organizational information out of spreadsheets into a relational DBMS and then centralize the database
As discussed in class, the guy who "invented" sliced bread actually invented: (quiz 1)
neither bread or slicing (none of the above)
UNIT 2 EXAM QUESTION You learn that a party at a frat house will have 150 people at it and a party at another frat house will have 5 people. YOu don't know any other the people at each part and they both cost $5 to get into. You choose the first frat house because....
network effects
Which feasibility study ("If we build it, will they come?") involves using stakeholder analysis of project champion(s), organizational management, and system users? (quiz 1)
operational/organizational
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 _____. (quiz 1)
operations
. Which of the following is true of disruptive technologies? (quiz 2)
performing incumbents, over time their performance attributes can improve to the point where they invade established markets.
Operational effectiveness refers to: (quiz 2)
performing the same tasks better than rivals perform them.
In the VC1 assignment, in what format were the Excel Grades page and Excel Formulas page recommended to be posted to your web page? (quiz 1)
pictures
(Brand Slide) Firms that compete on _____ rather than operational differences, have no problem adopting third-party ERP software. (NIU Response 9/19)
product uniqueness
1 petabyte = 1 _____ bytes (quiz 3)
quadrillion
UNIT 6 EXAM QUESTION A ______ is a tool used for extracting combining, and displaying data from one or more tables according to any criteria specified
query
UNIT 2 EXAM QUESTION Chuck and Kyle's coffee shop is now offering a buy 5 cups get 1 free promotion. This loyalty program has the purpose of...
reducing the buying power
Netflix offers its subscribers a selection of over one hundred thousand titles, while other video rental firms can only offer as much as three thousand. This presents a significant _____ for Netflix over its rivals. (quiz 2)
scale advantage
UNIT 3 EXAM QUESTION All of the following are true of the intent of an ERP system except
should be ideally configured to use different database systems Instead of one central database system so avoid the possibility of data redundancy
Grid computing is a type of computing in which: (quiz 3)
special software is installed on several computers enabling them to work together on a common problem
The term _____ refers to computers that are among the fastest of any in the world at the time of their introduction. (quiz 3)
supercomputers
Operational effectiveness is usually not enough to yield sustainable competitive advantage because: (quiz 2)
technology can be easily acquired.
Zara's use of RFID tags can be considered an example of (quiz 3)
the IoT
Some of the radical changes brought on by technology include (quiz 1)
the creation of an unprecedented set of security and espionage threats
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 charges. Based on the above facts, American Express is said to be in a _____ market. (quiz 2)
two-sided
UNIT 7 EXAM QUESTION Search engines use ____ to discover documents for indexing and retrieval
web crawlers
UNIT 3 EXAM QUESTION Cloud computing is not suited for situations...
where complex legacy systems have to be ported
Cloud computing is not suited for situations: (quiz 3)
where complex legacy systems have to be ported.
