BUS 101: Final Exam Chapter 8, 4, 13, 15, 16
questions with verified answers
_____ are electronic collections of related data that can be accessed by
various members of an organization. Ans✓✓✓Databases
_____ can be defined as the principle of providing products today that
don't compromise the ability of future generations to meet their needs.
Ans✓✓✓Sustainability
_____ consists of data that have been processed or turned into some
useful form. Ans✓✓✓Information
_____ deposits are checking accounts that pay given sums to "payees"
when they're ordered. Ans✓✓✓Demand
_____ includes all of the steps that a company takes to ensure that its
goods and services are of sufficiently high quality to meet customers'
needs. Ans✓✓✓Quality assurance
_____ is a manufacturing strategy whereby a firm produces products
outside of its own plant. Ans✓✓✓Outsourcing
_____ is just a portion of the Internet. Ans✓✓✓The World Wide Web
,_____ is one of the most serious barriers to the growth of e-commerce.
Ans✓✓✓Credit-card theft
_____ is the process of encoding data so that only individuals (or
computers) armed with a secret code (or key) can decode it.
Ans✓✓✓Encryption
_____ managers need information for planning, setting objectives, and
making major strategic decisions. Ans✓✓✓Top
_____ refers to "the totality of features and characteristics of a product
or service that bear on its ability to satisfy stated or implied needs."
Ans✓✓✓Quality
_____ trading is the illegal buying or selling of securities by a firm's
officers or directors or anyone else taking advantage of valuable
information about a company before it's made public. Ans✓✓✓Insider
A _____ verifies the identity of a computer site and sends you a digital
certificate of authenticity stating that it trusts that site.
Ans✓✓✓certificate authority
A big advantage of a credit card is that: Ans✓✓✓it helps you build
credit.
, A fast food hamburger restaurant that uses a ___________ production
method will generally have a low level of hamburgers sitting around
Ans✓✓✓Make-to-Order
A firm's _____ system consists of the combination of technologies,
procedures, and people who collect and distribute the information
needed to make decisions and coordinate and control companywide
activities. Ans✓✓✓information system
A personal balance sheet lists the value of what you own, the amounts
you owe, and the difference between the two, which is called _____.
Ans✓✓✓total net worth
A whistle-blower is an individual who exposes illegal or unethical
behavior in an organization.
True
False Ans✓✓✓True
A(n) _____ is a form of retirement savings plan in which the employee
contributes money each pay period to his or her retirement account and
the employer matches a portion of the contribution. Ans✓✓✓defined
contribution plan
questions with verified answers
_____ are electronic collections of related data that can be accessed by
various members of an organization. Ans✓✓✓Databases
_____ can be defined as the principle of providing products today that
don't compromise the ability of future generations to meet their needs.
Ans✓✓✓Sustainability
_____ consists of data that have been processed or turned into some
useful form. Ans✓✓✓Information
_____ deposits are checking accounts that pay given sums to "payees"
when they're ordered. Ans✓✓✓Demand
_____ includes all of the steps that a company takes to ensure that its
goods and services are of sufficiently high quality to meet customers'
needs. Ans✓✓✓Quality assurance
_____ is a manufacturing strategy whereby a firm produces products
outside of its own plant. Ans✓✓✓Outsourcing
_____ is just a portion of the Internet. Ans✓✓✓The World Wide Web
,_____ is one of the most serious barriers to the growth of e-commerce.
Ans✓✓✓Credit-card theft
_____ is the process of encoding data so that only individuals (or
computers) armed with a secret code (or key) can decode it.
Ans✓✓✓Encryption
_____ managers need information for planning, setting objectives, and
making major strategic decisions. Ans✓✓✓Top
_____ refers to "the totality of features and characteristics of a product
or service that bear on its ability to satisfy stated or implied needs."
Ans✓✓✓Quality
_____ trading is the illegal buying or selling of securities by a firm's
officers or directors or anyone else taking advantage of valuable
information about a company before it's made public. Ans✓✓✓Insider
A _____ verifies the identity of a computer site and sends you a digital
certificate of authenticity stating that it trusts that site.
Ans✓✓✓certificate authority
A big advantage of a credit card is that: Ans✓✓✓it helps you build
credit.
, A fast food hamburger restaurant that uses a ___________ production
method will generally have a low level of hamburgers sitting around
Ans✓✓✓Make-to-Order
A firm's _____ system consists of the combination of technologies,
procedures, and people who collect and distribute the information
needed to make decisions and coordinate and control companywide
activities. Ans✓✓✓information system
A personal balance sheet lists the value of what you own, the amounts
you owe, and the difference between the two, which is called _____.
Ans✓✓✓total net worth
A whistle-blower is an individual who exposes illegal or unethical
behavior in an organization.
True
False Ans✓✓✓True
A(n) _____ is a form of retirement savings plan in which the employee
contributes money each pay period to his or her retirement account and
the employer matches a portion of the contribution. Ans✓✓✓defined
contribution plan
