Deck 4: Technological Environment

Question 1

When the value of a product depends on the number of users this is referred to as which of the following?

A) base of user phenomenon
B) user factor
C) snowball effect
D) network effects

Answer 1

D

Question 2

A process that involves designing the evolution of technology to achieve a desired-end state is referred to as which of the following?

A) technology planning
B) technology forecasting
C) technology projections
D) technology budgeting

Answer 2

A

Question 3

What differentiates knowledge work from other types of work?

A) knowing how to access information
B) non-routine problem solving
C) creative problem solving
D) ability to use technology

Answer 3

B

Question 4

An employee who captures, codifies, and transfers knowledge across organizations for competitive advantage is referred to as which of the following?

A) information technician
B) traffic manager
C) knowledge worker
D) technology specialist

Question 5

Technology provides many advantages to individuals and businesses. Technology can be used to carry out routine, mundane functions as well as create which of the following?

A) algorithms
B) innovation
C) a database
D) efficiencies

Question 6

Which of the following changed the way that products are ordered, inventoried, and sold?

A) the scanner
B) the bar code
C) GPS
D) radio frequency tags

Question 7

Which of the following is NOT one of the activities that businesses monitor through technology?

A) worker productivity
B) email
C) production schedules
D) daily sales

Question 8

Which of the following contributes to and benefits from information used in performing various tasks including acquiring, searching, analyzing, organizing, storing, programming, producing, distributing, marketing, or selling functions?

A) information technicians
B) knowledge workers
C) knowledge shareholders
D) information monitors

Question 9

What is hardware or software designed to prevent unauthorized access to or from a private network?

A) brickwall
B) cyberwall
C) firewall
D) encrypted wall

Question 10

Which term describes most of the information used to make decisions in business?

A) inaccessible
B) protected
C) confidential
D) proprietary

Question 11

The responsibility of managing all information resources, computer systems and processes belongs to which of the following?

A) chief computer officer
B) chief systems officer
C) chief technology officer
D) chief information officer

Question 12

Which of the following is one of the most important roles that automated accounting functions are used for?

A) knowing how much is owed to the company
B) keeping up with accounts payable
C) tracking employees absences
D) monitoring revenues and expenses

Question 13

Technology planning involves evaluating which of the following about a company and then choosing the right technology to reach them?

A) budget numbers
B) strategic targets
C) industry benchmarks
D) goals and objectives

Question 14

Businesses can minimize overhead by getting rid of the "brick" and moving to which of the following?

A) offsite storage
B) just-in-time inventory
C) the click
D) radio frequency tags

Question 15

Which of the following is a term used to describe a formal transfer of rights to use technology from the developer to another party?

A) copyright shift
B) patent transfer
C) technology transfer
D) technology substitution

Question 16

Who does the CIO report directly to?

A) vice-president
B) chief executive officer
C) shareholders
D) board of directors

Question 17

What role does a CIO serve in an organization?

A) a middle-level manager who develops information for strategic planners
B) a middle-level manager responsible for providing information to answer "what-if" questions
C) an operational manager responsible for all information retrieval
D) a top manager who is responsible for all information resources in the organization

Question 18

Which of the following refers to the practical application of knowledge?

A) a transaction system
B) smartphone apps
C) a data-processing system
D) technology

Question 19

In technology planning, which aspects must businesses consider?

A) financial
B) strategic
C) human
D) competitive

Question 20

Canada has shifted from an industrial society to which of the following types of economy?

A) manufacturing-based
B) knowledge-based
C) export-based
D) trading-based

Question 21

Technology transfer is typically protected by trademarks.

Question 22

Technology offers many advantages, whether to perform mundane functions or to spur innovation.

Question 23

What do we call copying of software programs by people who haven't paid for them?

A) unfair access
B) technological turnover
C) software shrinkage
D) software piracy

Question 24

Technology transfer is a formal transfer of rights to use technology from the developer to another party.

Question 25

Network effects exist when the value of a product depends on the number of users.

Question 26

By limiting the number of times a person can use a type of software before registering as the authorized owner of that software, what types of issues are software companies addressing?

A) software piracy
B) software shrinkage
C) technological turnover
D) unfair access

Question 27

Businesses can minimize overhead by getting rid of the "brick" and moving to the click.

Question 28

Many companies have hired a chief information officer (CIO) to be responsible for managing all information resources.

Question 29

Most of the information used to make decisions in business is proprietary.

Question 30

Technology planning involves evaluating the company's goals and objectives and choosing the right technology to reach them.

Question 31

One of the most important roles of an automated accounting process is it allows a company to monitor how much tax it will owe the government.

Question 32

A knowledge worker is an employee who captures, codifies, and transfers knowledge across organizations for competitive advantage.

Question 33

Different technology systems can cause a big problem in which area of business?

A) between supplier and buyer
B) branch offices in different countries
C) mergers and acquisitions
D) schools and businesses selling to them

Question 34

Social media allows small businesses with niche markets to expand and have which of the following?

A) a global presence
B) a younger customer
C) more market penetration
D) increased exposure

Question 35

E-commerce companies like Amazon, Shop.ca, and Alibaba are classified as which of the following?

A) channel disruptors
B) deep discounters
C) intermediaries
D) cyberfirms

Question 36

According to your text, what are two of the three IT trends that are having the greatest impact on the IT environment?

A) privacy issues and on-demand computing
B) social media and online retailing
C) digital forensics and privacy issues
D) grid computing and on-demand computing

Question 37

Which of the following is NOT one of the three trends that are relevant to business today?

A) social media
B) online retailing
C) unpredictable evolution of technology
D) texting

Question 38

Technology has allowed individuals to save time and keep us informed and connected.

Question 39

Which of the following is a big advantage that technology brings for some employees?

A) virtual meetings
B) flex hours
C) telecommuting
D) video streaming of daycare

Question 40

Canada has shifted from an industrial society to an export-based economy.

Question 41

What is one of the most important roles of an automated accounting process?

Question 42

What does the statement, "Today most of us are knowledge workers," mean?

Question 43

Telecommuting is a big advantage that technology brings for employees but only certain companies allow it.

Question 44

Amazon, Shop.ca, and Alibaba are called channel disruptors.

Question 45

Describe three trends relevant to business today.

Question 46

What are the responsibilities of a CIO?

Question 47

What does the term "network effects" describe?

Question 48

What is information technology (IT)?

Question 49

Different technology systems can cause a problem in which aspect of businesses?

Question 50

Hardware or software designed to prevent unauthorized access to or from a private network is referred to as a brickwall.