Week 1 535 Hw

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1. Which of the following choices may lead to competitive advantage (1) new products, services and business models; (2) charging less for superior products; (3) responding to customers in real time? (Points : 1)|       1 only        1 and 2

       2 and 3
       1, 2, and 3 |
2. An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support (Points : 1)|       decision making and control in an organization.        communications and data flow.

       manager's analysis of the organization’s raw data.        the creation of new products and services. |
3. The three activities in an information system that produce the information that organizations use to control operations are (Points : 1)|       information retrieval, research, and analysis.        input, output, and feedback.

       input, processing, and output.
       data analysis, processing, and feedback. |
4. The fundamental set of assumptions, values, and ways of doing things that has been accepted by most of a company's members is called its (Points : 1)|       culture.        environment.
       values. |
5. The average number of tickets sold daily online is an example of (Points : 1)|       input.        raw data.
       meaningful information.
       output. |
6. Networking and telecommunications technologies, along with computer hardware, software, data management technology, and the people required to run and manage them, constitute an organization's (Points : 1)|       data management environment.        networked environment.

       IT infrastructure.
       information system. |
7. Lower global costs of labor have (Points : 1)|       Left many highly skilled technical employees unemployed.        increased the demand for local labor.
       created a whole new set of skilled jobs in industrialized nations.        allowed skilled...
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