MGT 268 Final

What is the difference between a wiki and a blog? -A wiki is free and a blog has a subscription fee -A wiki user can alter the original content of an article, where a blog user can only add information as a comment -A wiki is original content, where a blog is used sources -All of these

A wiki user can alter the original content of an article, where a blog user can only add information as a comment.

Which of the following represents the categories for ebusiness models? email, instant messaging, podcasting, content management systems, and video and web conferencing -content providers, infomediaries, online marketplaces, portals, service providers, transaction brokers -B2B, B2C, C2C, C2B -advertising fees, license fees, subscription fees, transaction fees, value-added services fees

B2B, B2C, C2C, C2B

What is FALSE about blockchains? -Blockchains can eliminate accounting, reconciliation, and security costs associated with ensuring that a rogue employee or financial institution did not tamper with the transaction -By recording transaction attributes on a blockchain, organizations can ensure that auditing them in the future, if a dispute emerges, is cheap -Information from Blockchains can be helpful ONLY if the information it recorded is accurate in the first place -Business that will soon go bankrupt because of blockchains are those that rely on processing payments between buyers and sellers and on controlling a reputation system (such as Uber and Airbnb)

Business that will soon go bankrupt because blockchains are those that rely on processing payments between buyers and sellers and on controlling a reputation system (such as Uber and Airbnb)

Lisa loves her job as an executive recruiter for a large hospital located in Dallas, Texas. Part of Lisa's job requires her to gather industry information, collaborate with partners, compare competitors, and tap into the knowledge of prospective employees, partners, and customers. Which of the below would Lisa use to perform her job? -Collective intelligence -Interactivity metrics -Source Code -Network effect

Collective intelligence

What is an open system? -any proprietary software licensed under exclusive legal right of copyright holder -any software whose source code is made available free for any third party to review and modify -contains instructions written by a programmer specifying the actions to be performed by a computer software -consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate

Consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate

What is FALSE about Blockchains: -Human Resources: Job applicants will not be able to lie about their training or degrees -Executives and accountants will no longer need to attest that their books are in order once a year or every quarter; blockchain will keep a company's books in order, in real time -Executives should buy some bitcoin, and experiment with purchasing inexpensive items on the blockchain to see how it works -Dollar, and all other global currencies, will eventually be eliminated or replaced by cryptocurrencies

Dollar, and all other global currencies, will eventually be eliminated or replaced by cryptocurrencies

Blockchains can radically change an organizations in many ways, EXCEPT: -For Accounting: It can bring to light off-book transactions and hidden accounts -For Sales; Sellers won't have to incur cost of establishing trust -For Purchasing: They can increase the number of Suppliers -For Legal: Short-term contracts will not be expensive anymore, leading to more short-term contracts

For Purchasing: They can increase the number of Suppliers

Blockchain technology has many advantages, EXCEPT: -It is 'distributed': Runs on computers all over the world -It is 'distributed': Runs on computers all over the world -It is 'public': Anyone can view it at any time -It is 'encrypted': It is secure to transmit information - It is 'resource-free': It does not require IT people or computers

It is 'resource-free': It does not require IT people or computers

Which of the below statements is correct? -Just putting up a website does not create an ebusiness -Just putting up a website can create tremendous ebusiness value -Just putting up a website can create tremendous business buzz -Just putting up a website can limit product availability

Just putting up a website does not create an ebusiness

What is the ability of an organization to tailor its products or services to the customers' specifications? -Personalization -Long tail -Mass customization -Information reach

Mass customization

Which of the following best describes Web 2.0? -Static websites -Intelligent websites -Social media and user-generated Web content -hypertext markup language

Social media and user-generated Web content

What is Real Simple Syndication? -a self-photograph placed on a social media website -the practice of sending brief posts to a personal blog -a web format used to publish frequently updated works -a magazine published only in electronic form on a computer network

a web format used to publish frequently updated works

Which of the following represents the primary ebusiness revenue models? -email, instant messaging, podcasting, content management systems, and video and Web conferencing -content providers, infomediaries, online marketplaces, portals, service providers, transaction brokers -B2B, B2C, C2C, C2B -advertising fees, license fees, subscription fees, transaction fees, value-added service fees

advertising fees, license fees, subscription fees, transaction fees, value-added service fees

At a local marketing firm, Steve is the lead Web developer and is responsible for working with customers on their Web designs, development, and graphics. Which of the following would be a critical skill Steve must have to be able to perform his job? -understanding that he must create a unique domain name for each client -being able to work with HTML -understanding the World Wide Web and how hyperlinks work -all of these

all of these

Large wikis, such as Wikipedia, can protect the quality and accuracy of their information by assigning users roles such as: reader subject matter expert editor all of these

all of these

Which of the below represents an example of why an employer would use social media? -to find potential job candidates via Linkedin -to review potential job candidates by viewing their Facebook page -to attract new job candidates via YouTube -all of these

all of these

websites can generate revenue by using which of the following? -pay-per-click -pay-per-call -pay-per-conversation -all of these

all of these

What is open source? -any proprietary software licensed under exclusive legal right of the copyright holder -any software whose source code is made available free for any third party to review and modify -contains instructions written by a programmer specifying the actions to be performed by computer software -consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate

any software whose source code is made available free for any third party to review and modify

What is an online journal that allows users to post their own comments, graphics, and videos? -blog -selfie -wiki -mashup

blog

What are the three primary models that a B2B can use to operate? -click-and-brick, click-and-mortar, pure-play -brick-and-mortar, click-and-mortar, virtual -brick-and-mortar, click-and-consumer, virtual-and-consumer -brick-and-click, brick-and-mortar, brick-and-virtual

brick-and-mortar, click-and-mortar, virtual

What are three primary models that a B2C can use to operate? -brick-and-mortar, click-and-mortar, virtual -click-and-brick, click-and-mortar, pure-play -brick-and-mortar, click-and-consumer, virtual-and-consumer -brick-and-click, brick-and-mortar, brick-and-virtual

brick-and-mortar, click-and-mortar, virtual

Some of the benefits for a company to operate an internal wiki are that they are great tools for all of the following except: -building software applications -collecting and disseminating knowledge -sharing information between functional business areas. -distribute to employees or partners across geographical distances.

building software applications

What is the practice of artificially inflating traffic statistics for online advertisements? -click fraud -hitbots -affiliate program -adwords

click fraud

What is source code? -any proprietary software licensed under exclusive legal right of the copyright holder -any software whose source code is made available free for any third party to review and modify -contains instructions written by a programmer specifying the actions to be performed by computer software -consists of nonproprietary hardware and software based on publically known standards that allow third parties to create add-on products to plug into or interoperate

contains instructions written by a programmer specifying the actions to be performed by computer software

What refers to the creation of new kinds of intermediaries that simply could not have existed before the advent of ebusiness, including comparison-shopping sites such as Froogle and bank account aggregation services such as Citibank? -cybermediation -intermediaries -disintermediation -reintermediation

cybermediation

What is the large part of the Internet that is inaccessible to conventional search engines? -deep web -dark web -snackable content -semantic web

deep web

What identifies a URL address? -domain name domain name hosting applet paradigm shift

domain name

What are the two categories that include intellectual and knowledge-based assets? -explicit knowledge; tacit knowledge -efficient knowledge; tacit knowledge -intelligent knowledge; explicit knowledge -open knowledge; closed knowledge

explicit knowledge; tacit knowledge

What service delivers hardware networking capabilities, including the use of servers, networking, and storage over the cloud using a pay-per-use revenue model? -Infastructure as a service(IaaS) -Disaster recovery as a service(DRaas) -Software as a service(SaaS) -Platform as a service(PaaS)

infastructure as service (IaaS)

Using collective power of a community to identify and classify content significantly____content categorization costs -lowers -eliminates -raises -balances

lowers

What serves only one customer or organization and can be located on the customers' premises or off the customer's premises? (Check Chapter 5, 'Cloud Computing' topic ONLY) -community cloud -private cloud -utility computing -public cloud

private cloud

What is crowdsourcing? -refers to wisdom of the crowd -sources capital for a project by raising many small amounts from a large number of individuals, typically via the internet -collaborating and tapping into the core knowledge of all employees, partners, and customers -involves capturing, classifying, evaluating, retrieving, and sharing information assets in a way that provides context for effective decisions and actions

refers to the wisdom of the crowd

What uses the Internet to reassemble buyers, sellers, and other partners in a traditional supply chain in new ways? - content providers -intermediaries -reintermediation -cybermediation

reintermediation

What is a challenge for cloud computing that could cause employee performance to decrease? (Check Chapter 5, 'Cloud Computing' topic ONLY) -Required Internet connectivity -Limited Internet features -Required Internet connectivity -decreased dynamic scaling decreased job stability

required Internet connectivity

What combines art along with science to determine how to make URLs more attractive to search engines resulting in higher search engine ranking? -dot-com -search engine -search engine ranking -search engine optimization

search engine optimization

What evaluates variables that search engines use to determine where a URL appears on the list of search results? -search engine optimization -dot-com -search engine ranking

search engine ranking

Which cloud computing model offers applications on a pay-per-use basis? (Check Chapter 5, 'Cloud Computing' topic ONLY) -Infrastructure as a service -platform as a service -software as a service -information as a service

software as a service

For the past 20 years, Perry has been an owner of several Coldwell Banker Real Estate franchises. To increase business Perry spends a great deal of money marketing and advertising his businesses online. Perry decides he would like to move beyond just marketing and create an actual ebusiness that acts like a search engine, but focuses only on the real estate industry. The main revenue source for this Perry's ebusiness will be a charge of $50 a month for each property that is listed on the website. What is the primary revenue model for Perry's new business? -license fees -advertising fees -subscription fees -all of these

subscription fees

What are clickstream analytics? -uses clickstream data to determine the effectiveness of the site as a channel-to-market -the process of collecting, analyzing, and reporting aggregate data about which pages a website visitor visits- and in what order -uses clickstream data to determine the efficiency of the site for the users and operates at the server level

the process of collecting, analyzing, and reporting aggregate data about which pages a website visitor visits- and in what order