ISDS 3001 FInal Exam Questions and Answers

ISDS 3001 FInal Exam Questions and Answers 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 ANSWERFreemium 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 ANSWERElectronic 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-toConsumer (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