MIS 373: Exam 1

Which of the following statements is true about firms pursuing a brick-and-mortar business strategy?

Avoid e-commerce

With respect to consumer-to-business e-commerce, ________ is used in order to have small, well-defined tasks performed by a scalable ad hoc workforce of everyday people.

Crowdsourcing

Which of the following is an implication for firms that have a threat of new entrants in their market?

Decreased Market Share

Unstructured decisions can be programmed directly into operational information systems so that they can be made with little or no human intervention.

FALSE!

With respect to the five general classes of computers, ________ are typically used for mission critical applications, such as transaction processing.

Mainframes

The concept of the Long Tail refers to a focus on

Niche Market

Social Engineering

Sammy Videos, Jimmy Kimmel -Sammy looks "official" with a logo shirt - instilling fear (you have to do this now) -Phony wi-fi hotspot

One/Two Factor Authentication

What you know-password what you are- fingerprint, iris what you have-credit card, phone w/ code

Wifi cat

collar with wireless antenna-cat wonders around the neighborhood, we don't think anything of it-- shows unprotected wifi networks people won't recognize it as a threat

Outsourcing has seen a huge increase because of

decrease in telecommunication costs

Speer Fishing

you know something about someone as an advantage to try and get familiarity and trick someone to give you information--more dangerous, more effective