Cheryl Steffan is the operations manager for Nature's Bread Company, which specializes in
providing natural products for health-conscious individuals. Cheryl is responsible for compiling,
analyzing, and evaluating daily sales numbers to determine the company's profitability and
forecast production for the next day. Which of the following is an example of a piece of data
Cheryl would be using to successfully perform her job?
A. Craig Newmark customer number is 15467.
B. Compare the costs of supplies, including energy, over the last five years to determine the best-
selling product by month.
C. Best-selling product by day.
D. Best-selling product changes when Tony, the best baker, is working. - ✔✔A. Craig Newmark
customer number is 15467.
Shawn McGill is on the executive board for ABC Pharmaceuticals. The company produces the
number-one-selling cancer-fighting drug on the market. Due to its incredible success, ABC
pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill. Which
force is ABC Pharmaceuticals using to increase its drug price?
A. Supplier power.
B. Buyer power.
C. Threat of false entrants.
,D. Business power. - ✔✔A. Supplier power.
Jennifer Bloom is writing a paper and she must determine which of Porter's three generic
strategies The Museum Company has implemented. Jennifer finds out that The Museum
Company offers specialty products found only in museums around the world to affluent
customers. What would Jennifer determine The Museum Company is using as its generic
strategy?
A. Broad market, low cost.
B. Narrow market, high cost.
C. Broad market, high cost.
D. Narrow market, low cost. - ✔✔B. Narrow market, high cost.
Which of the following represents the different information formats?
A. Detail, summary, aggregate
B. Document, presentation, spreadsheet, database
C. Individual, department, enterprise
D. None of these - ✔✔C. Individual, department, enterprise
Which of the following is a business-facing process?
A. Marketing process
, B. Sales process
C. Billing process
D. Budget forecasting - ✔✔D. Budget forecasting
Which of the following was the original design for the Internet?
A. Email
B. Document exchange
C. Display of static content
D. All of these - ✔✔D. All of these
Which computer offers both a horizontal and vertical system box and is usually placed on a desk
or on the floor within a work area?
A. Minicomputer
B. Mainframe computer
C. Desktop computer
D. None of the above - ✔✔C. Desktop computer
What part of the CPU performs all arithmetic operations and all logic operations?
A. Control unit
B. RAM