Saint GBA 327 Exam 1 Module 3 Latest 2015

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SaintGBA327Exam 1Module 3Latest 2015QuestionExam 1Question 1. Question : Which of the following ratios has fallen as a result of Moore's Law?Price/performanceDemand/supplyProfit/lossDebt/equityQuestion 2. Question :You have a spreadsheet that provides the airfares to different cities fromChicago. If the contents of the spreadsheet are used to make a decision, it will be considered:knowledge.data.information.intuition.Question 3. Question : Which of the following is categorized as a non-routine cognitive skill?Computer programmingMarketing knowledgeTax accountingSystems thinkingQuestion 4. Question : Which of the following statements is true of data characteristics in thecontext of information systems?Data generated should be in excess of what is required.An appropriate relationship should exist between the cost of data and its value.Data should be relevant to the context, not necessarily to the subject.Freely available data is always accurate and timely.Question 5. Question : Melissa wants to create a password. Which of the following is thestrongest password that she could use?Melissa@123Melissa@MelissaNewYorkNOOCSmyPw$42Question 6. Question :Meredith constantly analyzes her work in terms of her individualcontribution that she makes to the overall output of the organization. This shows her ________skills.collaboration

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experimentationsystems thinkingproblem-solvingQuestion 7. Question : ________ states that the number of transistors per square inch on anintegrated chip doubles every 18 months.Nielsen's LawFaraday's LawMoore's LawNewton's LawQuestion 8. Question : Graham & Hilda Corp. is a firm that offers enterprise software solutionsto independent retailers. The firm recently entered into a contract with a major national retailchain to develop and implement proprietary software that tracks inventory, restocking, andsupplier information. Which of the following actions will be most difficult to perform whenimplementing the new information system?Upgrading the computer systems used by the retail chainWriting the programs to create the softwareChanging the structure of existing databases that reflect supplier and customer dataTraining the employees to use and manage the new systemQuestion 9. Question : An automobile company decides to improve the quality of all its productsand bring more variety into its product line. The company has decided to adopt:focused cost leadership.industry-wide differentiation.industry-wide cost leadership.focused differentiation.Question 10. Question : According to Porter's five forces model, in which of the followingsituations would a supplier have the highest bargaining power?A Houston-based vendor is the only supplier of a patented material for many smartphonemanufacturersA fashion brand's outlet catering to a niche marketA restaurant that serves only army veteransA large retailer buying finished goods from many small suppliersQuestion 11. Question : FunText is a company that owns an app used for text messaging. Itrecently offered a membership extension of six months without any additional charges to itsexisting customers who had registered for a three-year membership. By doing this, whichcompetitive strategy did FunText implement?Creation of a new service

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Product differentiationLocking in customersLocking in suppliersQuestion 12. Question :Which of the following statements is consistent with the central idea ofbusiness process design?Technology should be used to supplement the existing value chain.Business processes should not focus on the core competencies of organizations.Organizations should create new business processes rather than improve existing systems.Technology should be used to modify and improve standard business processes.Question 13. Question : Bargaining power of customers is likely to be the highest for marketsinvolving:limited edition apparel.industrial products.patented drugs.vintage cars.Question 14. Question :Locking in customers by making it difficult or expensive for customersto move to another product is called establishing high:entry barriers.switching costs.product standards.value differentiation.Question 15. Question : A(n) ________ is a network of activities that generate value bytransforming inputs into outputs.business processcompetitive strategylinkageinformation systemQuestion 16. Question : Focused cost leadership is observed when a product has the lowest cost:within an industry segment.across the product range offered by a company.within an industry.within the supply chain of a company.Question 17. Question :Which of the following statements is true of closed-source projects?Only users and developers are allowed to alter the source code in closed-source projects.Anyone can obtain the source code for a closed-source project.Only trusted programmers are allowed to make changes to a closed-source project.

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