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Contemporary Management Study Set 1
Quiz 18: Used Advanced Information Technology to Increase Performance
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Question 1
True/False
Once demand for a product starts to fall, the decline stage begins; this typically occurs when advancing IT leads to the development of a more advanced product, making the old one obsolete.
Question 2
True/False
The demand for a product is highest during the growth stage.
Question 3
True/False
Management information systems came into existence during the computer age.
Question 4
True/False
Computers express words, numbers, images, and sound in zeros and ones.
Question 5
True/False
Microsoft Excel, a computer program which uses spreadsheets, charts, and databases, is an example of application software.
Question 6
Multiple Choice
_____ is(are) raw, unsummarized, and unanalyzed facts.
Question 7
True/False
A knowledge management system systematizes the knowledge of its employees and facilitates the sharing and integrating of their expertise.
Question 8
Multiple Choice
Which of the following is not a factor in determining the usefulness of information?
Question 9
True/False
Business-to-business (B2B) commerce is trade that takes place between a company and individual customers using IT and the Internet.
Question 10
Multiple Choice
A graph of the profitability of each of an organization's products in a product line over the past three years is an example of
Question 11
True/False
Whereas a decision-support system organizes important information for managers, an operations information system gives managers model-building capability and the chance to manipulate information in a variety of ways.
Question 12
True/False
Top managers make frequent use of decision-support systems in their decision-making.
Question 13
True/False
Information technology is the set of methods or techniques for acquiring, organizing, and storing information.
Question 14
True/False
Information that reflects current conditions in the organization is called real-time information.
Question 15
True/False
A B2B network structure is a formal series of global strategic alliances that one or several organizations create with suppliers, manufacturers, and distributors to produce and market a product.