INFORMATION TECHNOLOGY FOR MANAGEMENT
CHAPTER 1 UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. Digital business
Answer:
is a social, mobile, and Web-focused business
Question:
2. Business model
Answer:
is how a business makes money
Question:
3. Digital business model
Answer:
defines how a business makes money digitally
Question:
4. Customer experience (CX)
Answer:
is about building the digital infrastructure that allows customers to do whatever they want to do, through
whatever channel they choose to do it
Question:
5. digital business models:
Answer:
• deliver an incredible customer experience;
• turn a profit;
• increase market share; and
• engage their employees.
Question:
6. Cloud computing
Answer:
is a style of computing in which IT services are delivered ondemand and accessible via the Internet.
Common examples are Dropbox, Gmail, and Google Drive.
Question:
7. Machine-to-machine (M2M) technology
Answer:
enables sensor embedded products to share reliable real time data via radio signals
, Question:
8. Internet of things (IoT)
Answer:
refers to a set of capabilities enabled when physical things are connected to the Internet via sensors.
Question:
9. Big Data Sources
Answer:
• mobile devices and M2M sensors embedded in everything from airport runways to casino chips.
• social content from texts, tweets, posts, blogs.
• clickstream data from the Web and Internet searches.
• video data and photos from retail and user-generated content.
• financial, medical, research, customer, and B2B transactions.
Question:
10. Data Science
Answer:
The exploding field of big data and analytics
Question:
11. SoMoClo
Answer:
The relationship among social, mobile, and cloud technologies
Question:
12. Business Vs. Digital Models
Answer:
- Business models are the ways enterprises generate revenue or sustain themselves.
- Digital business models define how businesses make money via digital technology.
Question:
13. Business processes
Answer:
series of steps by which organizations coordinate and organize tasks to get work done
Question:
14. a process
Answer:
consists of activities that convert inputs into outputs by doing work
Question:
15. Cycle time
Answer:
is the time required to complete a given process
Question:
16. Deliverables
CHAPTER 1 UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
Question:
1. Digital business
Answer:
is a social, mobile, and Web-focused business
Question:
2. Business model
Answer:
is how a business makes money
Question:
3. Digital business model
Answer:
defines how a business makes money digitally
Question:
4. Customer experience (CX)
Answer:
is about building the digital infrastructure that allows customers to do whatever they want to do, through
whatever channel they choose to do it
Question:
5. digital business models:
Answer:
• deliver an incredible customer experience;
• turn a profit;
• increase market share; and
• engage their employees.
Question:
6. Cloud computing
Answer:
is a style of computing in which IT services are delivered ondemand and accessible via the Internet.
Common examples are Dropbox, Gmail, and Google Drive.
Question:
7. Machine-to-machine (M2M) technology
Answer:
enables sensor embedded products to share reliable real time data via radio signals
, Question:
8. Internet of things (IoT)
Answer:
refers to a set of capabilities enabled when physical things are connected to the Internet via sensors.
Question:
9. Big Data Sources
Answer:
• mobile devices and M2M sensors embedded in everything from airport runways to casino chips.
• social content from texts, tweets, posts, blogs.
• clickstream data from the Web and Internet searches.
• video data and photos from retail and user-generated content.
• financial, medical, research, customer, and B2B transactions.
Question:
10. Data Science
Answer:
The exploding field of big data and analytics
Question:
11. SoMoClo
Answer:
The relationship among social, mobile, and cloud technologies
Question:
12. Business Vs. Digital Models
Answer:
- Business models are the ways enterprises generate revenue or sustain themselves.
- Digital business models define how businesses make money via digital technology.
Question:
13. Business processes
Answer:
series of steps by which organizations coordinate and organize tasks to get work done
Question:
14. a process
Answer:
consists of activities that convert inputs into outputs by doing work
Question:
15. Cycle time
Answer:
is the time required to complete a given process
Question:
16. Deliverables
