Question 1

In the context of protecting information,__________means making sure users are who they claim to be.
A) encryption
B) authorization
C) decryption
D) authentication

Accepted Answer

Authentication is the process of verifying the identity of a user or device. It ensures that the user or device is who they claim to be, allowing access only to authorized individuals or systems. Encryption is the process of converting plain text into a coded message to protect the information from unauthorized access. Decryption is the reverse process of converting coded message into plain text. Authorization refers to the process of granting or denying access to specific resources or services based on user or system privileges.

Question 2

In the context of capturing information, _____ represent numerical data by varying the thickness and pattern of vertical lines.
A) radio frequency identification tags
B) bar codes
C) Morse codes
D) optical character recognition tags

Accepted Answer

The description matches that of a bar code.

Question 3

In the context of accessing and sharing information,__________are private company networks that allow employees to easily access, share, and publish information using Internet software.
A) decision support systems
B) data clusters
C) intranets
D) firewalls

Accepted Answer

Intranets are private company networks that are used to share information among employees. They are built using Internet software and allow employees to access information easily. Decision support systems are used to help with decision-making, data clusters are used to store data and firewalls are used to protect networks from unauthorized access. None of these options fit the description of private company networks for sharing information among employees like intranets do.

Question 4

Identify a true statement about manual capture of information.
A) It involves recording and entering data by hand into a data storage device.
B) It is often an accurate process.
C) It involves the use of bar codes and document scanners.
D) It is a cheap and fast process.

Accepted Answer

Manual capture of information involves recording and entering data by hand into a data storage device. The other options are not necessarily true statements about manual capture of information.

Question 5

ATT Supermarket has collected a large amount of data regarding its customers. To understand customer purchase behavior, the company uses a process that automatically identifies correlations in the collected data. Through this process, the company learns that people who wait for more than 10 minutes in the billing queue, tend to remove a few items from their shopping cart. Consequently, this leads to reduced sales. The manager of the supermarket decides to install five more billing counters, which could reduce the estimated wait time by a considerable amount. In this scenario, ATT Supermarket has most likely used _____ to process information.
A) data mining
B) data integration
C) bar coding
D) radio frequency tagging

Accepted Answer

ATT Supermarket has used data mining to process information. Data mining is the process of automatically extracting useful information from large sets of data. In this scenario, the company has used data mining techniques to identify a correlation between the wait time in the billing queue and customer purchase behavior. By installing more billing counters, the company aims to reduce the wait time and increase sales. Data integration, bar coding, and radio frequency tagging are not relevant to this scenario.

Question 6

ZitFi, a Wi-Fi router manufacturing company, recently received an order for 15 Wi-Fi routers. The client wanted each router to be able to connect to 10 devices. Although the brief mentioned almost all the specifications of the required router, ZitFi was not able to start the manufacturing process because the client did not provide any specifications regarding the range of each router. It is likely that ZitFi faced this issue because the information provided by the client was _____.
A) inaccurate
B) incomplete
C) irrelevant
D) inestimable

Accepted Answer

The client did not provide complete information regarding the specifications of the required router, specifically the range, which is a crucial factor in determining the functionality of the router.

Question 7

TolTel Inc., an information technology firm, has created a network that allows its employees to easily access, share, and publish information using Internet software. The website has a firewall that separates the internal company network from the Internet, permitting only authorized internal access. It is evident that the network created by TolTel Inc. is a(n) _____.
A) extranet
B) corporate portal
C) intranet
D) executive information system

Accepted Answer

The network created by TolTel Inc. is an intranet, as it is a private network that can only be accessed by authorized employees within the organization. It is not an extranet, as it does not allow external partners or customers to access the network. It is also not a corporate portal or executive information system, as those terms typically refer to specific types of websites or software platforms with additional capabilities beyond basic network access.

Question 8

Jack found an old photograph of his family. He wanted to upload the picture as a digital image on a social networking website. In this scenario, which of the following can help Jack convert the photograph into a digital image?
A) A bar coding device
B) A digital printing software
C) A radio frequency identification tag
D) An electronic scanner

Accepted Answer

An electronic scanner can help Jack convert the photograph into a digital image by scanning and creating a digital copy of the original photograph.

Question 9

Charlie's Haven, a retail store, conducted a survey on how long a customer waits in a billing queue. Based on the results of the survey, the company decided to add more number of employees in the billing counters. While checking out of its store, Charlie's Haven asked all its customers to fill a form stating the time they spent standing in the queue. All customers reported that they waited for two, five, or ten minutes. About 90 percent of the customers reported that they waited for ten minutes. Based on the results, Charlie's Haven added five cash counters to its existing 20 cash counters. After a month, the management realized that the store had more cash counters and employees than required. Which of the following is most likely the reason for the loss incurred due to overemployment in the store?
A) The information provided in the survey was inaccurate.
B) The information provided in the survey was irrelevant.
C) The information provided in the survey was incomplete.
D) The information provided in the survey was inestimable.

Accepted Answer

The answer of Charlie's Haven, a retail store, conducted a...

Question 10

Richard wants to share his hand-written class notes with Nick via email. In this scenario, which of the following can help Richard convert the notes into digital images so that he can share them via email?
A) An electronic scanner
B) A digital printing software
C) A radio frequency identification tag
D) A bar coding device

Accepted Answer

An electronic scanner can help Richard convert his hand-written class notes into digital images that can be shared via email. A digital printing software, radio frequency identification tags, and bar coding devices are not relevant to this task.

Question 11

In the context of protecting information,__________is the process of granting verified users approved access to data, software, and systems.
A) encryption
B) authorization
C) decryption
D) authentication

Accepted Answer

Authorization is the process of granting verified users approved access to data, software, and systems.

Question 12

TEFCO, a computer processor manufacturing company, recently adopted a new fabrication process to manufacture microprocessors. The microprocessors made using this new process have higher computing power and clock speed than other processors available in the market. Although the new process has made TEFCO the industry leader, there is a threat that competitors will be able to match this feat in the near future. It is evident that TEFCO has achieved _____.
A) competitive inertia
B) vertical integration
C) first-mover advantage
D) quality assurance

Accepted Answer

TEFCO has achieved a first-mover advantage by adopting a new fabrication process to manufacture microprocessors with higher computing power and clock speed than other processors available in the market. The threat of competitors being able to match this feat in the near future indicates that TEFCO has a short-term advantage that may not be sustainable.

Question 13

Prodeff, an online project management software, is available at a price of $1 per use. The software requires the user to enter the initiation date, the number of resources, the time allotted to each resource, the cost per resource, and the number of tasks in the project. Based on the input provided by the user, the software determines the duration of the task and the total cost of the project. In this scenario, the cost incurred by users while using Prodeff is the _____.
A) communication cost
B) retrieval cost
C) acquisition cost
D) processing cost

Accepted Answer

The answer of Prodeff, an online project management software, is...

Question 14

Which of the following statements defines communication cost?
A) It is the cost of obtaining data that an organization does not have.
B) It is the cost of transforming raw data into meaningful information.
C) It is the cost of transmitting information from one place to another.
D) It is the cost of physically or electronically archiving information.

Accepted Answer

Communication cost refers to the expenses incurred in transmitting information from one place to another, such as the cost of telephone bills, internet charges, postage fees, and transportation expenses. It does not include the cost of obtaining or processing information, nor does it involve the cost of storing information.

Question 15

Which of the following is a characteristic of information?
A) It solely contains facts and figures.
B) It is useful even when it is inaccurate.
C) It has context.
D) It is cheap to retrieve after a company has it.

Accepted Answer

Information is not just a collection of facts and figures, it also requires context in order to be useful. Inaccurate information is generally not useful, making B incorrect. The cost of retrieving information can vary widely depending on the source and format, so D is also not a characteristic of information.

Question 16

KST Mart has large amounts of customer data. To understand customer purchase behavior, the company uses a process that automatically discovers correlations in the collected data. Through this process, the company learns that people who buy bread, typically also buy a packet of butter. As a result, the manager of the supermarket places butter near the shelf that stocks bread. In this scenario, KST Mart has most likely used _____ to process information.
A) data integration
B) data mining
C) bar coding
D) radio frequency tagging

Accepted Answer

KST Mart has used data mining to analyze customer purchase behavior and discover correlations in the collected data. This information is then used to make informed decisions about product placement, like placing butter near the shelf that stocks bread. Data integration, bar coding, and radio frequency tagging are not mentioned as being used in this scenario.

Question 17

Zeto Bank, a national bank, requires its customers to provide their customer identification number, their respective passwords, and a one-time password that is sent via SMS to their registered cell phone numbers to access the bank's online banking services. It is evident that Zeto Bank has adopted _____.
A) two-factor authorization
B) two-factor authentication
C) three-step authorization
D) three-step authentication

Accepted Answer

Zeto Bank has adopted two-factor authentication, as it requires two pieces of information (customer identification number, password) and a one-time password sent via SMS for accessing online banking services.

Question 18

Bramo Courier Services has set up an extranet website to enable its customers to place orders directly. It has also set up an intranet website to enable its employees to convey order and shipping information to the relevant departments within the firm. However, to ensure effective and smooth exchange of information, Bramo Courier Services has to pay $100 million annually for Internet access. In this scenario, the cost that Bramo Courier Services incurs is an example of _____.
A) acquisition cost
B) processing cost
C) communication cost
D) retrieval cost

Accepted Answer

The cost incurred by Bramo Courier Services for Internet access in order to enable effective and smooth exchange of information between its customers and employees is an example of communication cost.

Question 19

Magnet Dot, a printer manufacturing company, set up a website to enable its customers to place orders online. It also set up an intranet website to enable its employees to convey order and shipping information to the relevant departments within the firm. However, to ensure effective and smooth exchange of information, Magnet Dot has to pay $100,000 annually for fast Internet access. In this scenario, the cost that Magnet Dot incurs is an example of _____.
A) acquisition cost
B) processing cost
C) retrieval cost
D) communication cost

Accepted Answer

The cost incurred by Magnet Dot for fast Internet access is an example of communication cost, which refers to the cost of transmitting information from one location to another.

Question 20

JED Corp., an e-commerce company, has created a network that supports its supply chain management system. The network provides the company's suppliers with secure access to critical trading partner information and facilitates trading partner automation. In this scenario, the network created by JED Corp. is an example of a(n) _____.
A) extranet
B) corporate portal
C) intranet
D) executive information system

Accepted Answer

An extranet is a private network that allows an organization to share selected information and collaborate with designated external partners, suppliers, and customers over the Internet. In this scenario, JED Corp.'s network provides its suppliers with secure access to critical trading partner information and facilitates trading partner automation, which is an example of an extranet. A corporate portal is a website that provides employees and external stakeholders with a single point of access to relevant information, applications, and services, but it is not focused specifically on supply chain management. An intranet is a private network that allows an organization to share information and collaborate among its internal employees, but it does not typically allow external access. An executive information system is a computer-based system that provides senior executives with easy access to relevant internal and external information to enable strategic decision-making, but it is not focused specifically on supply chain management.

Quiz 17: Managing Information

In the context of protecting information,__________means making sure users are who they claim to be.

In the context of capturing information, _____ represent numerical data by varying the thickness and pattern of vertical lines.

In the context of accessing and sharing information,__________are private company networks that allow employees to easily access, share, and publish information using Internet software.

Identify a true statement about manual capture of information.

Jack found an old photograph of his family. He wanted to upload the picture as a digital image on a social networking website. In this scenario, which of the following can help Jack convert the photograph into a digital image?

Richard wants to share his hand-written class notes with Nick via email. In this scenario, which of the following can help Richard convert the notes into digital images so that he can share them via email?

In the context of protecting information,__________is the process of granting verified users approved access to data, software, and systems.

Which of the following statements defines communication cost?

Which of the following is a characteristic of information?