ISDS 3001 Final Exam 2025

When categorizing eCommerce initiatives by company structure, which category does Walmart fall into? - Correct Answer-Bricks and Clicks When discussing the impacts of the Internet, we observe that marketplaces like Amazon or Alibaba are edging out the middlemen. We referred to this opportunity of digitalization as: - Correct Answer-Disintermediation What is the revenue model of a firm that initially gives away its product or service for free and later attempts to charge for a premium service? - Correct Answer-Freemium What is the revenue model of N? - Correct Answer-Subscription When categorizing eCommerce initiatives by transaction types, which category does electronic filing of income taxes with the federal government fall into? - Correct Answer-eGovernment With the term Web 2.0 we refer to the second coming of the services provided over the Internet. More specifically, Web 2.0 is mostly based on mobility and mobile applications. - Correct Answer-False What have we defined as: "an online exchange of value"? - Correct Answer-Electronic commerce What is the revenue model of Google? - Correct Answer-Advertisement support When categorizing eCommerce initiatives by transaction type, which category does an Online Travel Agency such as Expedia fall into? - Correct Answer-Business-to-Consumer (B2C) When categorizing eCommerce initiatives by company structure, which category does Spotify fall into? - Correct Answer-Pure Play You own a company and you realize that your firm has a very weak IT strategy. Who should you replace? - Correct Answer-Chief Information Officier (CIO) One of your friends who is enrolled in the college of business tells you: 'it's not important for me to understand IT and information systems.' What evidence could you use to convince him that he is wrong? - Correct Answer-The top 5 publicly traded companies are all technology companies, because software is now a key driver of business success A company is looking for a person with a business degree, a strong background in finance and leadership experience. What is the company most likely looking for? - Correct Answer-A functional manager One fo your friends who is enrolled in the college of business tells you: 'it's not important for me to understand IT and information systems.' What would be a good argument to prove him wrong? - Correct Answer-Moore's law will continue to make computers more powerful and pervasive, but it is general and functional managers who must figure out how to use them to create value Netflix has 100 million subscribers. Which of the following trends is most responsible for their success? - Correct Answer-Ubiquitous network access If you hear the statistic: 'There are almost 3 billion smartphones in use in the world today.' Which of the following trend is it most closely related to? - Correct Answer-Ubiquitous network access What is the top-level position in the IT function? - Correct Answer-Chief Information Officer (CIO) Siri, Alexa, Cortana, Google Assistant are examples of voice user interfaces. Which of the following trend is most closely related to the fact that these interfaces are now widely available? - Correct Answer-Computers have become easier to use in the context of digital technology we have defined 'intelligence' as the ability of a digital computer to: - Correct Answer-Perform computations to process information Which of the following is an example of a managerial staff position in the IT function? - Correct Answer-Analyst Is an information system a sociotechnical system? - Correct Answer-Yes, because it includes a social subsystem and a technical subsystem The ATMs of you bank still run of the Windows XP operating system. In 2018 Microsoft decided to stop supporting Windows XP. As a consequence, no more security update will be released for it. Because of systemic effects, you could intervene on any one of the four components of the information systems to address this problem. Which intervention would be most appropriate for the bank in this case? - Correct Answer-Technology. You should upgrade all ATMs to a newer version of the operating system When designing an information system you must optimize the IS as a whole, not each individual component. This is because the components an IS interact with one another. We have termed this phenomenon: - Correct Answer-Systemic effects An IS has two subsystems, a social and technical one. - Correct Answer-True Are the terms Information System and Information Technology synonymous? - Correct Answer-No, because information technology is a component of modern information systems Napoleon's army would NOT need an information system. Is this statement correct? - Correct Answer-No, they would need an information system to run their operations like keeping track of supplies and soldiers' assignments The owner of a large car dealership in your hometown, just told you he is thinking about using virtual reality to reduce the number of test drives by customers. He is all excited about this initiative because he thinks it will increase efficiency. You think this initiative will be very disruptive to the structure component of the existing car dealership information system. Why? - Correct Answer-Virtual reality will significantly change the relationships between customers and sales associates, reducing their chance to earn commissions Which of the following is an example of the process element of an information system? - Correct Answer-The procedure for enforcing security at airports using body scanners Which of the following is not part of the organizational context of an Information System? - Correct Answer-Structure Which of the following is NOT an element of an information system? - Correct Answer-Subsystem Which of the following are not one of the levels of an organization according to the hierarchical perspective? - Correct Answer-Transactional Enterprise systems are built around which concept? - Correct Answer-Integration What is the difference between a data warehouse and a data mart? - Correct Answer-Compared to a data warehouse, a data mart is smaller and easier to build IN chapter #3 the book briefly introduced the notion of Business Process Reengineering (BPR) to refer to: - Correct Answer-The fundamental rethinking and radical redesign of a firm's existing business processes We identified four main eras of data processing in business, what characterizes the 'batch era'? - Correct Answer-transactions were batched and processed by a mainframe at periodic intervals