The Information Systems Revolution: Transforming Business and Management

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Lecture 1: The Information Systems Revolution: Transforming Business and Management Multiple Choice

1. Powerful worldwide changes that have altered the business environment include: ○ the emergence and strengthening of the global economy.
○ the transformation of industrial economies and societies into knowledge- and information-based service economies. ○ the transformation of the business enterprise.
○ all of the above.
2. A flattened, decentralized, flexible arrangement of generalists who rely on nearly instant information to deliver mass-customized products and services uniquely suited to specific markets or customers best describes: ○ the emergence of a global economy.

○ the transformation of the business enterprise.
○ the transformation of industrial economies.
○ the lack of competition in the marketplace.
3. This type of system rests on accepted and fixed definitions of data and procedures for collecting, storing, processing, disseminating, and using these data. ○ informal system
○ network
○ formal system
○ intranet
4. Dimensions of information systems include:
○ organizational.
○ technological.
○ management.
○ all of the above.
5. The manufacturing function:
○ sells the organization's products and services.
○ produces products and services.
○ maintains the organization's financial records.
○ attracts, develops, and maintains the organization's labor force. 6. Optical disks, magnetic tapes, and the software governing the organization of data on physical media are examples of: ○ communications technology.

○ computer software.
○ computer hardware.
○ storage technology.
7. A system with universally accepted standards for storing, retrieving, formatting, and displaying information in a networked environment defines: ○ a web site.
○ a web location.
○ the World Wide Web.
○ an intranet.
8. A marketplace that is created by computer and communication technologies that link many buyers and sellers best defines: ○ electronic commerce.
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