Question 1
Question
What is the buying and selling of goods and services over the internet?
Question 2
Question
What are four primary drivers of supply chain management?
Answer
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Facilities
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Invisibility
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Transportation
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Business Intelligence
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Inventory
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Information
Question 3
Question
What are the 3 primary components an organisation should consider when determining its facilities strategy?
Answer
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Capacity
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Transport
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Location
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Route
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Cost
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Operational design
Question 4
Question
Safety inventory is:
Question 5
Question
How many Core ERP Components are there?
Question 6
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How many Extended ERP Components are there?
Question 7
Question 8
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Sensitivity Analysis:
Question 9
Question 10
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What-If Analysis:
Question 11
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Operational CRM:
Question 12
Question 13
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Two of the most important aspects of supply chain management are:
Answer
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procurement
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visibility
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ERP
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logistics
Question 14
Question
Acronym for the 5 characteristics of high quality information:
Question 15
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A competitive advantage is
Question 16
Question 17
Answer
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context independent
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context dependent
Question 18
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How many e-business models are there?
Question 19
Question 20
Question
Cluster Analysis, Association Detection, and Statistical Analysis are all forms of data-mining
Question 21
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SRM, PRM, and ERM are the 3 current CRM trends
Question 22
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ERP stands for Enterprise Recency Planning
Question 23
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Knowledge workers are:
Question 24
Question
Knowledge workers use BI along with personal experience to make decisions based on both information and intuition, a valuable resource for any company.
Question 25
Question
Define information system (IS)
Answer
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An information system (IS) can be any organized combination of people, hardware, communication networks, data resources, and polices and procedures that stores, retrieves, transforms, and disseminates information in an organisation.
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An information system (IS) can be any organized combination of people, hardware, software, communication networks, data resources, and polices and procedures that retrieves, transforms, and disseminates information in an organisation.
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An information system (IS) can be any organized combination of people, hardware, software, communication networks, data resources, and polices and procedures that stores, retrieves, transforms, and disseminates information in an organisation.
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An information system (IS) can be any organized combination of people, software, communication networks, data resources, and polices and procedures that stores, retrieves, transforms, and disseminates information in an organisation.
Question 26
Question
Potential harms of IT are:
Answer
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accurate information
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privacy
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inaccurate information
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infringements on privacy
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collusion
Question 27
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What is an open system?
Question 28
Question 29
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IS specialists are :
Question 30
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Set of operating instructions for computers:
Question 31
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sets of information processing instructions that people need:
Question 32
Question 33
Question 34
Question
First-mover advantage:
Answer
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Apple iPod
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occurs when a company can significantly decrease its market share by being first with a new competitive advantage
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occurs when a company can significantly increase its market share by being first with a new competitive advantage
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occurs when a company can significantly increase its market share by being second with a new competitive advantage
Question 35
Question
Managers use 3 common tools to analyse competitive intelligence and develop competitive advantages including:
Answer
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Porter's Five Forces Model
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Porter's Two Generic Strategies
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Porter's Three Generic Strategies
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Value Chain Analysis
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Value Analysis
Question 36
Question
Switching costs:
Answer
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costs that make customers reluctant to switch to another product or service
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only include financial values
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include financial as well as intangible values
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changing doctors
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only include intangible values
Question 37
Question
2 ways of reducing buyer power are:
Question 38
Question
What are 2 ways a company reduce the threat of substitute products?
Answer
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offering no additional value
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offering additional value through wider distribution
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offering no add-on services making the substitute product less of a threat
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offering a low quality product
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offer various add-on services making the substitute product less of a threat
Question 39
Question
Product differentiation can be used to reduce rivalry among existing competitors
Question 40
Question
The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself, with a cost advantage or product differentiation
Question 41
Question
What is the acronym you created for the Information Systems Description Framework?
Answer
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GEEII
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GIIEEv
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GEEvIIv
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GEEEI
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GEvEIvI
Question 42
Question 43
Question
The two primary components of a CRM strategy are (i) Operational CRM, and (ii) Analytical CRM.
Answer
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Operation CRM: processing for day-to-day front office operations or systems that deal directly with the customers.
Analytical CRM: supports back-office operations and strategic analysis and includes all systems that do not deal directly with the customers.
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Analytical CRM: processing for day-to-day front office operations or systems that deal directly with the customers.
Operational CRM: supports back-office operations and strategic analysis and includes all systems that do not deal directly with the customers.
Question 44
Question
The primary difference between operational CRM and analytical CRM is the degree of direct interaction between the organisation and its customers.
Question 45
Question
Cache memory that is built directly into the CPU's circuit is called
Answer
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secondary cache
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primary cache
Question 46
Question
Cache memory contained on an external circuit is called
Answer
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secondary cache
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primary cache
Question 47
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Random Access Memory (RAM) is
Question 48
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Read-Only Memory (ROM) is
Question 49
Question
Primary forces driving the explosive growth of CRM are:
Question 50
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Core ERP components are:
Question 51
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Extended ERP components
Answer
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SCM
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BI
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Accounting and Finance
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CRM
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HR
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Ebusiness
Question 52
Question
A ________ is a standard that specifies the format of data as well as the rules to be following during transmission.
Question 53
Question
TCP/IP stands for:
Question 54
Question
The most popular network _________ used are Ethernet and __________
Answer
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protocols, TCP/IP
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routers, extranet
Question 55
Question
An IP address is a unique ________ number that identifies the location of a computer on a network
Answer
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64-bit
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12-bit
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32-bit
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44-bit