IS 301 End Term Exam Questions and Correct
Answers.
ESSs are designed to serve the middle management organization (T/F)
False
Firms are increasingly shiffting spending from the web to other media such as print, radio,
and televison as these are often easier to track and analyze. (T/F)
False
Shawn Fanning's Napster was widely critcized as a pirarcy playground (T/F)
True
Facebook was founded by sergery Brin T/F
False
The united states holds the number one ranking in home broadband access.
False
It is imporatant to differentate between data and information
True
Some of the radical changes brought about by new technologies include:
the creation of an unprecedented set of security and espionage threats
cloud computing and SaaS are turning sophisticated, high-powered computing into a utility
available to even the smallest business and nonprofits (T/F)
True
Technology has proliferated in Kenya and Somaliland, which text messages used to replace
cash, creating mobile money use that, on a population percentage basis, exceeds any nation
in the west
True
, Data analtics and business intelliengence are driving discovery and innovation
True
was just a sophomore when he began building computers in his form room at the
University of Texas. his firm would one day claim the top spot among PC manufacturers
worldwide.
Michael Dell
Founders should be wary of crowdfunding sites like Kickstarter, because these efforts
require founders to give up large ownership stakes to a large number of contributors
before they can raise funds to bring products to market.
False
David Karp, founder of the website tumblr, sold the website to google for $1.1 Billion
False
The phrase internet of things often used to describe the trend of putting "smarts" (meaning
to computing and telecommunications technology) Into everyday products such as lamps,
watches, thermostats, and door locks; as well as embedding tech into industrial goods.
True
In an industry where nearly every major player outsources manufacturing to low-cost
countries, Zara is highly _____, keeping huge swaths of its production process in-house.
Vertically intergrated
The U.S. Deparment of justice needed to provide a special exemption to the fair factories
cleaninghouse, and before doing so, had to be convienced that the effort wouldnt be used by
buyers to collude and further squeese prices from competitors
True
when a single firms owns several layers in it value chain, it is said to be
vertically intergrated
Answers.
ESSs are designed to serve the middle management organization (T/F)
False
Firms are increasingly shiffting spending from the web to other media such as print, radio,
and televison as these are often easier to track and analyze. (T/F)
False
Shawn Fanning's Napster was widely critcized as a pirarcy playground (T/F)
True
Facebook was founded by sergery Brin T/F
False
The united states holds the number one ranking in home broadband access.
False
It is imporatant to differentate between data and information
True
Some of the radical changes brought about by new technologies include:
the creation of an unprecedented set of security and espionage threats
cloud computing and SaaS are turning sophisticated, high-powered computing into a utility
available to even the smallest business and nonprofits (T/F)
True
Technology has proliferated in Kenya and Somaliland, which text messages used to replace
cash, creating mobile money use that, on a population percentage basis, exceeds any nation
in the west
True
, Data analtics and business intelliengence are driving discovery and innovation
True
was just a sophomore when he began building computers in his form room at the
University of Texas. his firm would one day claim the top spot among PC manufacturers
worldwide.
Michael Dell
Founders should be wary of crowdfunding sites like Kickstarter, because these efforts
require founders to give up large ownership stakes to a large number of contributors
before they can raise funds to bring products to market.
False
David Karp, founder of the website tumblr, sold the website to google for $1.1 Billion
False
The phrase internet of things often used to describe the trend of putting "smarts" (meaning
to computing and telecommunications technology) Into everyday products such as lamps,
watches, thermostats, and door locks; as well as embedding tech into industrial goods.
True
In an industry where nearly every major player outsources manufacturing to low-cost
countries, Zara is highly _____, keeping huge swaths of its production process in-house.
Vertically intergrated
The U.S. Deparment of justice needed to provide a special exemption to the fair factories
cleaninghouse, and before doing so, had to be convienced that the effort wouldnt be used by
buyers to collude and further squeese prices from competitors
True
when a single firms owns several layers in it value chain, it is said to be
vertically intergrated