CMIS 342 Exam 3 possible questions

Which of the following is NOT a problem associated with channel conflict?

Alienating customers

_________ analytics answers the question "what could happen?"

Predictive

_________ measures management's effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.

ROI

You would use optimization or simulation for ______ analytics.

prescriptive

___________ decisions deal with routine and repetitive problems.

structured

A(n)____________ is an agent or a vendor who assembles the software needed by enterprises and then packages it with services such as development, operations, and maintenance.

ASP

__________ facilitate dynamic pricing.

Cookies

Affinity analysis is a(n) _________ application.

Data mining

__________ can perform two basic operations: 1) identifying previously unknown patters and 2) predicting trends and behaviors.

Data mining

_____________ is a method of delivering software in which a vendor hosts the applications and provides them as a service to customers over a network, typically the internet.

Saas

________ is a limitation of e-commerce.

Security

You are a musician. You only sell your songs on ITunes. This is an example of a _____ business.

Virtual

The ________ is/are a prioritized inventory of present applications and a detailed plan of projects to be developed or continued during the current year.

application portfolio

With ____, transactions are conducted efficiently because buyers and sellers all meet in one place.

electronic exchanges

In _______, businesses request quotes from suppliers.

electronic tendering

___________ is an approach in which the organization's end users develop their own applications with little or no formal assistance from the IT department.

end-user development

With ______, small buyers aggregate demand to create a large volume and then negotiate lower prices.

group purchasing

Answering the question "did this option work as proposed" occurs in the _____ phase of the IDC.

implementation

Which of the following is the correct order of the SDLC?

investigation, analysis, design, programming/testing, implementation, operation/maintenance

Your company decides to implement SAP in the United States before implementing it in Canada. This is an example of _______ conversion.

pilot

Insourcing is also called _________.

reverse outsourcing

In _____ auctions, one buyers wants to purchase a product or a service; these auctions result in _____ prices over time.

reverse; lower

_________ decisions are partially routine and partially complex.

semistructured

You are a marketing manager responsible for planning the budget for your department. This is a(n) ______ task and a(n) _______ decision.

semistructured; management control

You are a jeweler who wants to make sure you have the maximum number of diamonds for sale. You notice that the number of diamonds available drops more when the size is relevant versus when the color is relevant. By comparing these factors, you are conducting a(n) _____ analysis.

sensitivity

____________ occurs when shoppers visit a brick-and-mortar store but then purchase online.

showrooming

An electronic _________ is a website the represents a single store

storefront

Data marts are typically associated with

the development of one or a few related analytics applications.

Data silos are often associated with

the development of one or a few related analytics applications.

Management is a process by which an organization achieves its goals (called ______) through the use of resources (called _______).

the output; inputs

____ describes the retailing strategy of selling a large number of unique items in small quantities

The long tail

__________ decisions deal with "fuzzy", complex problems.

Unstructured

Amazon Business is the biggest threat to ____.

Wholesalers

The end product of the _______ stage is a set of system requirements.

analysis

In ____, vendors ask partners to place logo on the partner's website and then pay that partner a commission.

Affiliate marketing

___________ comprises the vast majority of e-commerce by volume.

B2B

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds; they are _______, which means ______.

Decentralized; no single institution operates their use

__________ analytics answers the question "what has happened".

Descriptive

___________ is a legal form of cybersquatting.

Domain tasting

_________ is a capability of dashboards that gives the user the ability to go to details at several levels by a series of menus or by clicking on a portion of the screen that can be expanded.

Drill down

____ are independently owned by a third party and connect many sellers with many buyers.

Electronic exchanges

Which of the following is an advantage of the traditional SDLC?

Enforces quality by maintaining standards

You file your income taxes online. This is an example of _______ e-commerce.

G2C

______ is an example of a CSF.

Improving customer satisfaction

An electronic tendering system uses _______ with a ______ auction mechanism.

NOT B2B; forward

____________ conversion is the most risky.

NOT parallel

If you analyze a data cube, this is an example of using

OLAP

You would use linear, multiple, or logistic regression as statistical procedures for____ analytics.

Predictive

________ analytics drives the coupons you get at the grocery store when you use your loyalty card.

Predictive

________ analytics examines recent and historical data to detect patterns and predict future outcomes and trends.

Predictive

_________ determines the point at which the cumulative dollar value of the benefits from a project equals the investment made in the project.

breakeven analysis

________ is a disadvantage of the buy option.

control

_____ refers to the practice of registering or using domain names for the purpose of profiting from the goodwill or the trademark that belongs to someone else.

cyber-squatting

Data reduction is the conversion of raw _______ into a smaller amount of more useful _______.

data; information

You would use OLAP and DSS as statistical procedures for __________ analytics.

descriptive

Validation of the model and answering the question "what are my options" occur in the _____ phase of the IDC.

design

An electronic _____ is a collection of individual shops consolidated under one internet address.

mall

Considering the nature of decision, acquiring and using resources efficiently in accomplishing organizational goals is

management control

An electronic ________ is a central, virtual market space on the web where many buyers and many sellers can conduct e-commerce and e-business activities.

marketplace

Considering the nature of decisions, executing specific tasks efficiently and effectively is

operational control

A _________ conversion involves running the old and new systems at the same time.

parallel

Your company decides to implement the manufacturing module of SAP before implementing payroll. This is an example of ______ conversion.

phased

Adding functions after the project has been initiated causes ____________.

scope creep

The biggest problem associated with end-user development is ________.

security

Every year, you have to give each of your employees a performance review and decide whether they have earned a raise. This is a(n) ________ decision.

semistructured

You adopt a child and need to update your healthcare benefits to include that new child. This is an example of ______ e-commerce.

B2E