VERIFIED ANSWERS
If a business person gets a great idea for a possible information technology solution to a
business process problem, the first thing he/she should do is: - Begin progressing through
the stages of the SDLC, starting with "Planning"
Which of the following is NOT a benefit of using Excel and web pages, as done in VC1? - If
you want to drop the lowest value (like a quiz) in a range, and get the average of the remaining
values, use =AVERAGE(<range>,-1)
Which of the following is FALSE when thinking about matching business process problems and
technology solutions, as described in Unit 1? - If your technology solution involves
programming or building a system, you need to enroll in a training course to obtain that skill.
The ______ strategic lens (one of seven from Unit 2) will almost always involve improving
technology options and connections with suppliers and customers. - Resource Based
View of Competitive Advantage (RBVoCA)
Chuck and Kyle's coffee shop is now offering a "buy 5 cups coffee and get 1 free" promotion.
This loyalty program has the purpose of?
A. Increasing supplier power
B. Decreasing the quality of the coffee
C. Reducing the buying power
D. Eliminating the surplus of coffee
E. Final sales before going out of business - Reducing the buying power
You learn that a party at Frat house A will have 150 people and a party at Frat House B will have
5 people. You don't know any of the people and each party costs $5 to get into. You choose Frat
House A because of.... - Network effects
All of the following are true of the intent of an ERP system, like SAP, EXCEPT
a.) Implemented in modules to automate the entire supply chain
,b.) Should be ideally configured to use different database systems, instead of one central
database system, to avoid the possibility of data redundancy
c.) integrates the many functions of a business, such as accounting, finance, inventory
management, and human resources - Should be ideally configured to use different
database systems, instead of one central database system, to avoid the possibility of data
redundancy
Cloud computing is not suited for situations: - where complex legacy systems have to be
ported.
As discussed in lecture, telecom "talks" in __________ and hardware storage "talks" in
_________. - bits, bytes
Why would a digital cellular network be better than an analog cellular network? - The 1's
and 0's allow for multiple calls on one frequency (multiplexing) making it cheaper, as well as
better quality checks making it clearer.
If there are about 2 billion internet users, about how many Internet users consider the Internet
SAFE for E-business? - 800,000,000
It is ______, yet ______ for an organization to implement internet security. - Inefficient,
Effective
If there are 80 million power drills in the U.S., used for an average of 13 minutes each per year, a
good Sharing Economy / Collaborative Consumption business idea would be...
A. Internet exchange colocation centers.
B. an app or site that allowed users to post used drills for sale, and other users to purchase the
used
drills (an EBay sort of app for drills).
C. an app or site that worked like Uber, where those with drills would be dispatched to personal
homes or businesses to perform work requiring a power drill.
D. an app or site that allowed multiple users in close proximity to "check out" and return a
single
drill. - An app or site that allowed multiple users in close proximity to "check out" and
return a single drill
, Which of the following is FALSE with regard to peer collaboration, production, and the Sharing
Economy? - Twitter is one of the largest photo-sharing apps in the world
User-generated content online means firms may:
a.) get early user feedback of their products and services
b.) need to manage their online image
c.) have positive or negative effects from viral content
d.) have proprietary information released by employees
e.) all of the above - ALL OF THE ABOVE
With regard to data, for you to make a large contribution to your organization, you could
suggest which? - Move organizational info out of spreadsheets, into a relational DBMS,
and then centralize the database
A(n) ____ is a tool for extracting, combining, and displaying data from one or more tables,
according to any criteria specified. - query
What is a data warehouse? - A large, batch-updated and "cleaned" database storing
organization-wide data
Search engines use ______ to discover documents for indexing and retrieval. - web
crawlers
The _____ measures the percentage of people who clicked on an ad to arrive at a destination
site. - click- through rate
The guy who "invented" slicing bread helps show us.... - that we can match technology to
business problems
What is a web site? - It's just a computer file or files (in html) that's on a "web server",
which is a computer that can "serve", or present, pages to anyone with a browser.
If you get to drop one of seven quizzes, and each quiz is 25 points, which is the correct way to
calculate your quiz average in Excel if quizzes are stored in columns K through Q? -
=(sum(K2:Q2)- min(K2:Q2))/ 6/25 *100
What's a good example of information as an asset? - MasterCard using your payment
history to establish a credit score for you and selling it.