MIS 304 Exam 2 Latest Updated

Knowledge fusion is another term for Shared Solving. - ANSWER true Match the description with appropriate captive center. 1. Hybrid 2. Shared 3. Divest 4. Terminated - ANSWER [1] Core with parent, non-core with provider [3] Positioned to be sold for a profit. [4] Discontinued for sub-performance reasons. [2] Both parent and outside service. Why is insourcing challenging? - ANSWER All of the above Match the knowledge transfer with the mechanism. 1. Socialization 2. Externalization 3. Combination 4. Internalization - ANSWER [2] tacit to explicit [3] explicit to explicit [1] tacit to tacit [4] explicit to tacit Outsourcing to a single provider is simplistic but bears more risk since all eggs are in one basket. - ANSWER true If you were trying to decide whether to purchase a bargain brand or a more expensive brand, which of the following would you use to get a more complete picture of true costs? - ANSWER TCO Action based costing forces managers to dissect a project to a level of detail exposing often unnoticeable costs. - ANSWER True An organization has decided to use a cloud service to help them keep track of customers. They selected SalesForce. What type of cloud service is this? - ANSWER Saas Which of the following are components of a business case? Select all that apply. - ANSWER Risk Analysis Business impact Business benefits Program summary Executive summary Assumptions The purchase of a good or service that was previously provided internally is known as: - ANSWER outsourcing A multi-component threat that uses a variety of access points to penetrate or glean information is: - ANSWER A multi-vector threats Which of the following is true regarding Action Based Costing? - ANSWER Accounts for processes, functions, or tasks that occur over time and have recognized results. What three fundamental high-level countermeasures of Defense in Depth are all people-centric? Select the best response. - ANSWER technology, operations, and people In what ways is Nearshoring different than Offshoring? Select all that apply. - ANSWER Similar language important Culture is similar Close distance or time zone Big data analytics attempts to uncover hidden patterns and correlations. - ANSWER true Which of the following is not a key IT cost driver? - ANSWER Personnel age What facilitates a guide and inventory of what and where knowledge exists in an organization? - ANSWER Knowledge Map Which of the following would be an intangible outcome? - ANSWER improve reputation and brand image IT typically generates revenue and thus is considered as such by many corporations. - ANSWER false Insourcing is when an organization brings outsourced operations back into its own walls. - ANSWER true A photograph of a person is an example of: - ANSWER information Total Cost of Ownership performs calculations on fully burdened costs. - ANSWER true A countermeasure is: (select the best answer) - ANSWER An action, process, device, or system that prevents or mitigates threats Select the correct matches below. 1. InHouse 2. NearShoring