ISDS 3001 FINAL | 130 QUESTIONS AND ANSWERS | WITH COMPLETE SOLUTION.
When categorizing eCommerce initiatives by company structure, which category does Walmart fall into?
- (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: -
(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? - (answer)Freemium
What is the revenue model of Netflix.com? - (answer)Subscription
When categorizing eCommerce initiatives by transaction types, which category does electronic filing of
income taxes with the federal government fall into? - (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. - (answer)False
What have we defined as: "an online exchange of value"? - (answer)Electronic commerce
What is the revenue model of Google? - (answer)Advertisement support
When categorizing eCommerce initiatives by transaction type, which category does an Online Travel
Agency such as Expedia fall into? - (answer)Business-to-Consumer (B2C)
When categorizing eCommerce initiatives by company structure, which category does Spotify fall into? -
(answer)Pure Play
You own a company and you realize that your firm has a very weak IT strategy. Who should you replace?
- (answer)Chief Information Officier (CIO)
, ISDS 3001 FINAL | 130 QUESTIONS AND ANSWERS | WITH COMPLETE SOLUTION.
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?
- (answer)The top 5 publicly traded companies are all technology companies, because software is now a
key driver of business success
A company is looking for a person with a business degree, a strong background in finance and leadership
experience. What is the company most likely looking for? - (answer)A functional manager
One fo 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 would be a good argument to prove him wrong? -
(answer)Moore's law will continue to make computers more powerful and pervasive, but it is general
and functional managers who must figure out how to use them to create value
Netflix has 100 million subscribers. Which of the following trends is most responsible for their success? -
(answer)Ubiquitous network access
If you hear the statistic: 'There are almost 3 billion smartphones in use in the world today.' Which of the
following trend is it most closely related to? - (answer)Ubiquitous network access
What is the top-level position in the IT function? - (answer)Chief Information Officer (CIO)
Siri, Alexa, Cortana, Google Assistant are examples of voice user interfaces. Which of the following trend
is most closely related to the fact that these interfaces are now widely available? - (answer)Computers
have become easier to use
in the context of digital technology we have defined 'intelligence' as the ability of a digital computer to: -
(answer)Perform computations to process information
Which of the following is an example of a managerial staff position in the IT function? - (answer)Analyst
Is an information system a sociotechnical system? - (answer)Yes, because it includes a social subsystem
and a technical subsystem
When categorizing eCommerce initiatives by company structure, which category does Walmart fall into?
- (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: -
(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? - (answer)Freemium
What is the revenue model of Netflix.com? - (answer)Subscription
When categorizing eCommerce initiatives by transaction types, which category does electronic filing of
income taxes with the federal government fall into? - (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. - (answer)False
What have we defined as: "an online exchange of value"? - (answer)Electronic commerce
What is the revenue model of Google? - (answer)Advertisement support
When categorizing eCommerce initiatives by transaction type, which category does an Online Travel
Agency such as Expedia fall into? - (answer)Business-to-Consumer (B2C)
When categorizing eCommerce initiatives by company structure, which category does Spotify fall into? -
(answer)Pure Play
You own a company and you realize that your firm has a very weak IT strategy. Who should you replace?
- (answer)Chief Information Officier (CIO)
, ISDS 3001 FINAL | 130 QUESTIONS AND ANSWERS | WITH COMPLETE SOLUTION.
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?
- (answer)The top 5 publicly traded companies are all technology companies, because software is now a
key driver of business success
A company is looking for a person with a business degree, a strong background in finance and leadership
experience. What is the company most likely looking for? - (answer)A functional manager
One fo 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 would be a good argument to prove him wrong? -
(answer)Moore's law will continue to make computers more powerful and pervasive, but it is general
and functional managers who must figure out how to use them to create value
Netflix has 100 million subscribers. Which of the following trends is most responsible for their success? -
(answer)Ubiquitous network access
If you hear the statistic: 'There are almost 3 billion smartphones in use in the world today.' Which of the
following trend is it most closely related to? - (answer)Ubiquitous network access
What is the top-level position in the IT function? - (answer)Chief Information Officer (CIO)
Siri, Alexa, Cortana, Google Assistant are examples of voice user interfaces. Which of the following trend
is most closely related to the fact that these interfaces are now widely available? - (answer)Computers
have become easier to use
in the context of digital technology we have defined 'intelligence' as the ability of a digital computer to: -
(answer)Perform computations to process information
Which of the following is an example of a managerial staff position in the IT function? - (answer)Analyst
Is an information system a sociotechnical system? - (answer)Yes, because it includes a social subsystem
and a technical subsystem
