Question 1

A restriction imposed by law on the numbers or quantities of goods, or of a particular type of good, allowed to be imported is known as:

Accepted Answer

A restriction on the number or quantity of goods imported is known as a quota. This restriction is often put in place by the government to protect domestically produced goods from foreign competition. A quota may be set as a specific number or as a percentage of total imports.

Question 2

A huge collection of data that supports management decision making and maintains snapshots of business conditions at predetermined points in time is called:

Accepted Answer

A data warehouse is a large, centralized repository of data that stores and retrieves information from multiple sources in order to support business analytics and decision-making. It is designed to handle and store large amounts of data from various sources and maintain historical records of business activities in order to track trends and support management decision-making. The other choices, data store, data storehouse, and data depot, are not commonly used terms in the field of data management.

Question 3

In which phase, the builders create the files from transactional databases and save them on the server that will hold the data warehouse?

Accepted Answer

The answer of In which phase, the builders create the...

Question 4

What refers to the efforts of governments to reduce tariffs and non-tariffs barriers to trade?

Accepted Answer

Trade liberation refers to the efforts of governments to reduce tariffs and non-tariffs barriers to trade, thus promoting free and open trade between countries. The other choices are not commonly used terms in economics or trade.

Question 5

Tariffs are imposed for which of the following reason?

Accepted Answer

Tariffs are often imposed for a combination of reasons, including collection of revenue, protection of domestic industries from foreign competition, and political control. Governments can use tariffs as a way to generate revenue for themselves, as well as to make domestic products more competitive by making foreign products more expensive. Tariffs can also be used as a political tool to signal disapproval of a trading partner's policies or actions. Therefore, all of the above reasons can be a justification for imposing tariffs.

Question 6

Which databases allow browsers to search items by key words or combinations of them and to do so, the site provides a local search engine that scours web pages stored in its database?

Accepted Answer

Catalogs typically have a search function that allows users to search for items by keywords or combinations of keywords. The catalog also serves as a database of items with records containing information about each item. This makes it easy for the search engine to pull up relevant results. Libraries and directories may also have search functions, but they are not specifically designed for keyword searching and may not have the same level of information as a catalog. "Value" does not relate to databases or searching for items.

Question 7

In _____________ database, different parts of the database are stored in the locations where they are accessed more often, but they continue to be fully accessible to others through telecommunications

Accepted Answer

The answer of In _____________ database, different parts of the...

Question 8

The term commonly used to describe the process by which a firm attempts to locate and purchase goods and services on a world-wide basis in known as:

Accepted Answer

Global sourcing refers to the process of a company searching and buying goods and services from across the world. It involves identifying suppliers, negotiating agreements, and managing logistics to ensure the delivery of goods and services. Foreign penetrating is not a commonly used term in sourcing, importing is a more general term that specifically refers to bringing goods into one's own country, and tracing is not related to purchasing goods and services.

Question 9

A total or near-total ban or trade with a particular country sometimes enforced by military action and usually imposed for a political purpose is called:

Accepted Answer

A ban or trade with a particular country enforced by military action is called an embargo.

Question 10

Which language allows using it both to develop applications that retrieve and manipulate data from a database?

Accepted Answer

The answer of Which language allows using it both to...

Question 11

What are governmental grants to inventors assuring them of the exclusive legal right to produce and sell their inventions for a period of years?

Accepted Answer

Patents are grants provided by the government to inventors, giving them exclusive legal rights to produce and sell their inventions for a certain period of time, usually 20 years from the date of application. This is to encourage and protect innovation while also providing an opportunity for inventors to profit from their ideas. Trademarks and copyrights are different types of intellectual property protection that do not apply specifically to inventions.

Question 12

What is based on rules that do not have discrete boundaries but lie along a continuum, enabling a system to better deal with ambiguity?

Accepted Answer

Fuzzy logic is based on rules that do not have discrete boundaries but lie along a continuum, enabling a system to better deal with ambiguity. Genetic logic refers to the use of genetic algorithms to solve computational problems. Vague logic and indistinct logic do not have established meanings in the field of logic.

Question 13

What provides for global coordination and at the same time it allows local autonomy?

Accepted Answer

Transnational strategy provides for global coordination and at the same time it allows local autonomy. This strategy integrates global and regional coordination with local responsiveness, allowing for flexibility in adapting to diverse environmental factors. It seeks to achieve global efficiency while also being locally sensitive.

Question 14

What contains the notion of who is responsible for updating each part of the database and descriptions or names of the people who are authorized to access the different parts of the database?

Accepted Answer

A data dictionary contains the information about who is responsible for updating each part of the database and descriptions or names of the people who are authorized to access the different parts of the database. Data schema refers to the structure of the database, data definition refers to the set of instructions for creating the database and data glossary contains definitions of terms used in the database. None of these contain information about responsible parties or access authorization.

Question 15

What uses all of its resources against its competition in a very integrated fashion and all of its foreign subsidiaries and divisions are highly interdependent in both operations and strategy?

Accepted Answer

A global corporation is a company that operates in multiple countries and markets its products or services worldwide. A global corporation uses all of its resources against its competition in a very integrated fashion and all of its foreign subsidiaries and divisions are highly interdependent in both operations and strategy. This is in contrast to a multi-domestic corporation, which adapts its strategy and operations to each individual market, and an ethnocentric corporation, which centralizes decision-making at the headquarters and relies on a single home country strategy.

Question 16

Environmental changes, which are detected through ______________ of the global environment, often require that firms develop international strategies.

Accepted Answer

Environmental changes are external factors that affect global environment and are often detected through external reviews such as market research, industry reports, and global trends analysis. As a result, firms need to develop international strategies to respond to such changes in the global environment. Internal reviews may not provide sufficient information on changes and trends in the global environment, while protection review and market review do not address the issue of environmental changes.

Question 17

A full copy of the entire database is stored at all the sites that need access to it is known as:

Accepted Answer

Replication involves creating and maintaining multiple copies of a database at different locations. This ensures that each site has access to the most up-to-date data and helps to improve system performance and availability. Duplication, simulation, and impersonation are not relevant to the concept described.

Question 18

Client/server architecture can follow which of the following basic model?

Accepted Answer

Client/server architecture can involve applications running on the server, on local PCs, or a combination of both, depending on the specific design and requirements of the system.

Question 19

The process of selecting, exploring, and modeling large amounts of data to discover previously unknown relationships id called:

Accepted Answer

Data mining involves the process of analyzing large data sets to uncover patterns and relationships that may not be immediately visible. This process typically involves using software algorithms to identify and extract meaningful insights from data, such as correlations, trends, and patterns. The other answer choices (B, C, and D) do not accurately describe this process.

Question 20

Smaller collections of data that focus on a particular subject or department are known as:

Accepted Answer

Smaller collections of data that focus on a particular subject or department are known as data marts. Data sets refer to any collection of data while data assembly and data crew are not commonly used terms in data management.

Exam 1: Certified Business Manager