Final Exam Flashcards
True/False: A fully digital firm produces only digital goods or services?
False
True/False: Most MIS’s use sophisticated mathematical models or statistical techniques?
False
True/False: In the strategy of product differentiation, information systems are used to enable new products/services
True
True/False: The term business ecosystem describes the interplay between the various organizational forces within a firm?
False
True/False: Developing a new product, fulfilling an order, and hiring a new employee are examples of business processes?
True
True/False: IT infrastructure consists of just those physical computing devices required to operate an enterprise?
False
True/False: A transparent marketplace means that there is high product differentiation?
False
True/False: Each characteristic or quality describing a particular entity is called an attribute?
True
True/False: A hotel reservation system is a typical example of a management information system?
False
True/False: A DBMS separates the logical and physical views of data?
True
True/False: A business model describes how a company produces, delivers and sells a product or service to create wealth?
True
True/False: A data warehouse may be updated by a legacy system?
True
True/False: A hub is a networking device that connects network components and is used to filter and forward data to specified destinations on the network?
False
True/False: Customers are one of the competitive forces that affect an organizations ability to compete?
True
True/False: A transaction processing system is a computerized system that performs and records the daily routine transactions necessary to conduct business?
True
The strength of cloud computing and the growth of the mobile digital platform allow organizations to rely more ________
on telework, remote work, and distributive decision making
According to agency theory, the firm is viewed as a(n):
“nexus of contracts” among self-interested individuals
_______ processes are accomplished through digital networks spanning the entire organization or linking multiple organizations.
Core Business
Which of the following types of system helps coordinate the flow of information between the firm and its suppliers and customers?
Extranet
Network Economics:
sees the cost of adding new members as inconsequential.
A firm can exercise greater control over its suppliers by having:
Fewer suppliers
A manufacturer of deep-sea oil rigs may be least concerned about this marketplace force.
New Market Entrants
Software that manages the resources of the computer is called:
operating system software
As referred to in the text, legacy systems are:
traditional mainframe-based business information systems
A field identified in a table as holding the unique identifier of the table’s records is called the:
primary key
Data management technology consists of the:
software governing the organization of data on physical storage media
A ______ is owned and maintained by a cloud service provider, such as AWS, and made available to the general public or industry groups.
Public Cloud
A data warehouse is composed of:
historic and current internal data
The emergence, for Amazon.com, of new competitors in the sphere of online shopping illustrates what disadvantage posed by the use of information systems to achieve competitive advantage?
Internet technologies are universal, and therefore usable by all companies.
A DBMS reduces data redundancy and inconsistency by:
Minimizing isolated files with repeated data.
