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MGMT 3302 EXAM 5 QUESTIONS WITH COMPLETE ANSWERS

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MGMT 3302 EXAM 5 QUESTIONS WITH COMPLETE ANSWERS

Institution
MGMT 3302
Course
MGMT 3302

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Which of the following statements about data mining is true


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Data mining typically uses data from a data warehouse




Two critical steps are required to make sure that data can be accessed by authorized
users and no one else. They are ___

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authentication and authorization




Which of the following statements about intranets is true


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intranets are web based




Why is information strategically important for organizations?


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information can be used to obtain first mover advantage




A company expressing its ongoing commitment to continuous product improvement
and premium quality products is committed to ____.


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total quality management




A company has built a(n) ____ that will automate its purchasing transactions and other
e-commerce activities with its small- to mid-size suppliers. It will provide thousands of

, the company's suppliers with secure access to critical trading partner information and
will facilitate trading partner automation


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extranet




Transaction costs and loss of customer goodwill are both examples of ____.


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stockout costs




___ allow managers and employees to use a Web browser to gain access to
customized company information and to complete specialized transactions


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corporate portals




Which of the following statements about total quality management (TQM) is true?


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TQM is an integrated organization-wide strategy for improving product and
service quality.

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Institution
MGMT 3302
Course
MGMT 3302

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