CIS 3330 EXAM 1 QUESTIONS WITH VERIFIED
ACCURATE ANSWERS
Fact is the confirmation or validation of an event or object. - Answers - True
Information is raw, unsummarized, and unanalyzed data. - Answers - False
Systems Thinking involves viewing multiple inputs being processed or transformed to
produce outputs while continuously gathering feedback. - Answers - True
A Competitive Advantage is always permanent and difficult for competitors to copy. -
Answers - False
S͏W O
͏ T
͏ Analysis evaluates an organization's Strengths, Weaknesses, Opportunities, and
Threats. - Answers - True
A Cost Leadership Strategy focuses on a broad market with a high-cost product or
service. - Answers - False
Operational decisions are typically structured and recurring (e.g., inventory
management). - Answers - True
Strategic decisions are considered unstructured and involve high-level issues like
market entry. - Answers - True
O͏LT
͏ ͏P is primarily used to support managerial decision-making by finding patterns and
trends. - Answers - False
Business Process Reengineering (B͏PR ͏ ) is focused on incremental, minor changes to
existing processes. - Answers - False
Sustaining Technology produces an improved product customers are eager to buy. -
Answers - True
Web 1.0 was characterized by user-contributed content and collaboration. - Answers -
False
A Pure-Play (Virtual) Business operates on the internet only without a physical store. -
Answers - True
The C2B business model applies when a customer submits a price to a business (e.g.,
Priceline.com). - Answers - True
, Open Sourcing is a key advantage of the Web 2.0 or Business 2.0 era. - Answers - True
Privacy is the assurance that messages and information remain available only to those
authorized to view them. - Answers - False
Intellectual Property is intangible creative work that is embodied in physical form. -
Answers - True
The first line of defense in information security is Technology (e.g., firewalls). - Answers
- False
Authorization is the process of granting a user access to resources. - Answers - True
The costs of downtime include damaged reputation and legal obligations, in addition to
lost revenue. - Answers - True
Which term describes data converted into a meaningful and useful context? - Answers -
Information
A business function that moves information about people, products, and processes
across the company is called: - Answers - Management Information Systems (M͏I͏S)
Which of Porter's forces is high when switching costs are low? - Answers - Buyer Power
In a S͏WO
͏ T
͏ Analysis, what does the 'T' represent? - Answers - Threats (Harmful,
External)
A company like Tiffany and Co. that sells luxury goods to a niche market is pursuing
which competitive strategy? - Answers - Focused Strategy
Which decision-making level relies on O͏L͏AP
͏ systems to find patterns and trends? -
Answers - Managerial
Which of the following is a primary focus of a Critical Success Factor (CSF)? - Answers
- Crucial steps for goals
A decision to fire an employee is an example of a structured decision made at which
organizational level? - Answers - Operational
Which M͏IS͏ system would be best used by a retail manager to forecast sales for the next
quarter? - Answers - Decision Support System (D͏SS ͏)
A primary goal of Business Process Reengineering (B͏P͏R) is to achieve: - Answers -
Radical redesign and dramatic improvement
ACCURATE ANSWERS
Fact is the confirmation or validation of an event or object. - Answers - True
Information is raw, unsummarized, and unanalyzed data. - Answers - False
Systems Thinking involves viewing multiple inputs being processed or transformed to
produce outputs while continuously gathering feedback. - Answers - True
A Competitive Advantage is always permanent and difficult for competitors to copy. -
Answers - False
S͏W O
͏ T
͏ Analysis evaluates an organization's Strengths, Weaknesses, Opportunities, and
Threats. - Answers - True
A Cost Leadership Strategy focuses on a broad market with a high-cost product or
service. - Answers - False
Operational decisions are typically structured and recurring (e.g., inventory
management). - Answers - True
Strategic decisions are considered unstructured and involve high-level issues like
market entry. - Answers - True
O͏LT
͏ ͏P is primarily used to support managerial decision-making by finding patterns and
trends. - Answers - False
Business Process Reengineering (B͏PR ͏ ) is focused on incremental, minor changes to
existing processes. - Answers - False
Sustaining Technology produces an improved product customers are eager to buy. -
Answers - True
Web 1.0 was characterized by user-contributed content and collaboration. - Answers -
False
A Pure-Play (Virtual) Business operates on the internet only without a physical store. -
Answers - True
The C2B business model applies when a customer submits a price to a business (e.g.,
Priceline.com). - Answers - True
, Open Sourcing is a key advantage of the Web 2.0 or Business 2.0 era. - Answers - True
Privacy is the assurance that messages and information remain available only to those
authorized to view them. - Answers - False
Intellectual Property is intangible creative work that is embodied in physical form. -
Answers - True
The first line of defense in information security is Technology (e.g., firewalls). - Answers
- False
Authorization is the process of granting a user access to resources. - Answers - True
The costs of downtime include damaged reputation and legal obligations, in addition to
lost revenue. - Answers - True
Which term describes data converted into a meaningful and useful context? - Answers -
Information
A business function that moves information about people, products, and processes
across the company is called: - Answers - Management Information Systems (M͏I͏S)
Which of Porter's forces is high when switching costs are low? - Answers - Buyer Power
In a S͏WO
͏ T
͏ Analysis, what does the 'T' represent? - Answers - Threats (Harmful,
External)
A company like Tiffany and Co. that sells luxury goods to a niche market is pursuing
which competitive strategy? - Answers - Focused Strategy
Which decision-making level relies on O͏L͏AP
͏ systems to find patterns and trends? -
Answers - Managerial
Which of the following is a primary focus of a Critical Success Factor (CSF)? - Answers
- Crucial steps for goals
A decision to fire an employee is an example of a structured decision made at which
organizational level? - Answers - Operational
Which M͏IS͏ system would be best used by a retail manager to forecast sales for the next
quarter? - Answers - Decision Support System (D͏SS ͏)
A primary goal of Business Process Reengineering (B͏P͏R) is to achieve: - Answers -
Radical redesign and dramatic improvement
