5. Business value is: a) the price structure of a firm’s goods and services *b) the positive return on the investment of a firm’s resources c) derived from a firm’s marketing/promotional strategy d) the cost of implementing successful information systems within a firm 6. When considering data and information: *a) data is a collection of unorganized facts and information is data that has been transformed into something useful b) data is unimportant and businesses should only consider information
c) data is critical when developing a solution to a problem while information should be considered only occasionally d) data and information refer to the same thing 7. The Internet is: a) a global computer system that is ultimately controlled by the U.S. government b) a global computer system that is reaching its current potential and is expected to decline in use during the next decade *c) a large number of co-operating computer networks that use a common set of rules for sending messages d) a large number of computer systems that are inherently in conflict resulting in an inefficient use of the world’s resources 8. The Internet generates business value by: *a) enabling the buying and selling of goods b) protecting domestic markets from foreign competition c) promoting trade barriers in areas of the world that are underdeveloped d) ensuring compliance of government legislation regarding foreign investment 9. Information security systems protect: a) people b) information c) networks d) organizations *e) all of the above
10. Allowing companies to take their operations to another location, which allows them to produce items better, faster, and cheaper defines: *a) offshoring b) insourcing c) open sourcing d) informing e) none of the above 11. Globalization has affected businesses in all of the following ways except: a) marketing to new customers *b) understanding company grapevine c) finding new suppliers d) creating 24-hour workdays 12. The Internet has become an integral part of business for which of the following key reasons? a) communication, knowledge, and information b) communication, knowledge, and commerce *c) communication, information, and commerce d) information, commerce, and knowledge e) information only
13. Using Internet technologies to allow work to be done without human intervention refers to: *a) workflow software b) offshoring c) insourcing d) open sourcing e) none of the above 14. When information systems are used to integrate people, information, technology, and business processes, you have created: *a) business value b) relevance c) knowledge d) information e) wisdom 15. The kind of work that uses discovery, transformation, analysis, synthesis, and communication...