Question 1

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

Accepted Answer

A) True 
 B)False

Question 2

Allen, a manager at a financial services company, uses information from The Wall Street Journal to guide his actions as a manager.In this scenario, The Wall Street Journal serves as a(n)  _____.

Accepted Answer

A)   internal source of data
B)   periodical reference
C)   external source of data
D)   management information system
E)   data bankF) None of the above
G) D) and E)

Question 3

To access the Internet, all a user needs is a computer.

Accepted Answer

A) True 
 B)False

Question 4

The Internet is

Accepted Answer

A)   a computerized phone book.
B)   a computerized address book for businesses in the United States.
C)   a worldwide network of computers linked together through telecommunications.
D)   inaccessible unless you are a business owner or government employee.
E)   a new version of an electronic game.F) None of the above
G) All of the above

Question 5

On its company computer system, Gymboree has numerical and verbal descriptions about its suppliers and their prices, which as a whole is called ____.Managers can access and use this to make decisions about suppliers.

Accepted Answer

A)   information
B)   a database
C)   a management information system
D)   a marketing information system
E)   dataF) B) and D)
G) A) and C)

Question 6

The first section of a business report is the recommendations.

Accepted Answer

A) True 
 B)False

Question 7

Amazon.com has a ____ model.

Accepted Answer

A)   B2B
B)   C2C
C)   B2C
D)   barter
E)   C2BF) D) and E)
G) C) and D)

Question 8

Knowledge management is a firm's procedures for using computer software to solve business problems.

Accepted Answer

A) True 
 B)False

Question 9

Jason has to purchase specialized software that will allow his company to accept credit cards online for purchases from his company's website.This software is a(n)  ____ resource for this e-business.

Accepted Answer

A)   financial
B)   material
C)   intangible
D)   human
E)   capitalF) A) and D)
G) D) and E)

Question 10

Describe the three primary models of e-business.

Accepted Answer

The three primary models of e-business a...

Question 11

Information rules are sometimes referred to as the great simplifiers.

Accepted Answer

A) True 
 B)False

Question 12

Numerical or verbal descriptions that usually result from measurements of some sort are called data.

Accepted Answer

A) True 
 B)False

Question 13

Compare information and data.Why might a manager prefer information to data?

Accepted Answer

Information and data are closely related...

Question 14

Sales force automation programs support sales representatives with organized databases of information.

Accepted Answer

A) True 
 B)False

Question 15

Because Amazon.com focuses on conducting e-business with consumers, it is considered to have a B2C focus.

Accepted Answer

A) True 
 B)False

Question 16

All of the following except which are functions of a management information system?

Accepted Answer

A)   collecting data
B)   printing data
C)   processing stored data into information
D)   storing and updating data
E)   presenting information to usersF) All of the above
G) A) and E)

Question 17

Once a data bank has been established, there is no need to make any additions to or changes in its contents.

Accepted Answer

A) True 
 B)False

Question 18

Money that an electronics retailer receives through the online sales of extended warranty plans provides a(n)  ____ for the company.

Accepted Answer

A)   e-business
B)   expense reduction
C)   profit
D)   revenue growth
E)   revenue streamF) A) and B)
G) D) and E)

Question 19

Jane McManus, a salesperson for Taylor Manufacturing, uses a(n)  ____ to help navigate around the Internet and connect to different websites.

Accepted Answer

A)   Internet dialer
B)   web browser
C)   Internet controller
D)   software communicator
E)   database programF) A) and E)
G) None of the above

Question 20

The following quotation would most likely be found in the ____ of a business report: "This report evaluates the significant decrease in sales experienced in the previous quarter and incorporates the results of surveys and interviews with customers, management, and economists."

Accepted Answer

A)   body of the report
B)   conclusion
C)   analysis
D)   recommendations
E)   introductionF) None of the above
G) A) and B)

Exam 14: Understanding Information and E-Business

To access the Internet, all a user needs is a computer.

Correct AnswerverifiedShow Answer

Once a data bank has been established, there is no need to make any additions to or changes in its contents.

Correct AnswerverifiedShow Answer

Allen, a manager at a financial services company, uses information from The Wall Street Journal to guide his actions as a manager.In this scenario, The Wall Street Journal serves as a(n) _____.

Correct AnswerverifiedShow Answer

Online merchants like Amazon.com can reach a global customer base twenty-four hours a day, seven days a week.

Correct AnswerverifiedShow Answer

All of the following except which are functions of a management information system?

Correct AnswerverifiedShow Answer

Jason has to purchase specialized software that will allow his company to accept credit cards online for purchases from his company's website.This software is a(n) ____ resource for this e-business.

Correct AnswerverifiedShow Answer

Money that an electronics retailer receives through the online sales of extended warranty plans provides a(n) ____ for the company.

Correct AnswerverifiedShow Answer

Describe the three primary models of e-business.

Correct AnswerAnswered by ExamLex AIThe three primary models of e-business a...View AnswerShow Answer

Information rules are sometimes referred to as the great simplifiers.

Correct AnswerverifiedShow Answer

The following quotation would most likely be found in the ____ of a business report: "This report evaluates the significant decrease in sales experienced in the previous quarter and incorporates the results of surveys and interviews with customers, management, and economists."

Correct AnswerverifiedShow Answer

Compare information and data.Why might a manager prefer information to data?

Correct AnswerAnswered by ExamLex AIInformation and data are closely related...View AnswerShow Answer

On its company computer system, Gymboree has numerical and verbal descriptions about its suppliers and their prices, which as a whole is called ____.Managers can access and use this to make decisions about suppliers.

Correct AnswerverifiedShow Answer

Numerical or verbal descriptions that usually result from measurements of some sort are called data.

Correct AnswerverifiedShow Answer

Sales force automation programs support sales representatives with organized databases of information.

Correct AnswerverifiedShow Answer

The Internet is

Correct AnswerverifiedShow Answer

Knowledge management is a firm's procedures for using computer software to solve business problems.

Correct AnswerverifiedShow Answer

Because Amazon.com focuses on conducting e-business with consumers, it is considered to have a B2C focus.

Correct AnswerverifiedShow Answer

Jane McManus, a salesperson for Taylor Manufacturing, uses a(n) ____ to help navigate around the Internet and connect to different websites.

Correct AnswerverifiedShow Answer

The first section of a business report is the recommendations.

Correct AnswerverifiedShow Answer

Amazon.com has a ____ model.

Correct AnswerverifiedShow Answer

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Correct Answer
Answered by ExamLex AI
The three primary models of e-business a...
View Answer

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Correct Answer
Answered by ExamLex AI
Information and data are closely related...
View Answer

Correct Answer
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Correct Answer
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