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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)
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
The ATMs of you bank still run of the Windows XP operating system. In 2018
Microsoft decided to stop supporting Windows XP. As a consequence, no more
security update will be released for it. Because of systemic effects, you could
intervene on any one of the four components of the information systems to
address this problem. Which intervention would be most appropriate for the bank
in this case? -
Answer-Technology. You should upgrade all ATMs to a newer version of the operating
system