Autograde Summary

Date Taken: 3/15/2011 6:13:30 PM

Time Spent: 220:02:29

Points Received: 20 / 20 (100%)These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.

Question Type: # Questions: # Correct:

Multiple choice 10 10

Grade Details 1. Question: Wal-Mart's continuous replenishment system illustrates a tactical use of information

services for:

 

Your Answer:

         Low-cost leadership  ( p. 96 )    CORRECT

         Product differentiation    

         Focusing on market niche    

         Strengthening customer intimacy    

 Points

Received:2 of 2

  Comments:2. Question: An organization is a:

 

Your Answer:         

Stable, formal social structure that takes resources from the environment and processes them to produce outputs.

   

         Formal, legal entity with internal rules and procedures that must abide by laws.    

         Collection of social elements.    

         All of the above. ( p.79-80 )

   CORRECT

 Points

Received:2 of 2

  Comments:3. Question: An information system can enable a company to focus on a market niche through:

 

Your Answer:

         Complex trend analysis    

         Tailoring products to the client    

         Intensive product trend analysis    

         Intensive customer data analysis ( p. 98-99 )    CORRECT

 Points

Received:2 of 2

  Comments:4. Question: Since the dot-com bubble burst of 2001, e-commerce revenues:

  Your          Have essentially stagnated    

Answer:          Show signs of stabilizing    

         Have returned to solid growth  ( p. 375-376 )    CORRECT

         Have returned to exponential growth    

 Points

Received:2 of 2

  Comments:5. Question: Benchmarking:

 

Your Answer:

         Compares the efficiency and effectiveness of your business processes against strict standards.

 ( p. 103 )

   CORRECT

         Allows industry participants to influence industry-wide standards.    

         Is used to measure the speed and responsiveness of information technology.    

         Synchronizes the business processes of customers, suppliers, and trading partners.    

 Points

Received:2 of 2

  Comments:6. Question: The more any given resource is applied to production, the lower the marginal gain in

output, until a point is reached where the additional inputs produce no additional output. This is referred to as:

 

Your Answer:

         The point of no return.    

         The law of diminishing returns.  ( p. 106 )    CORRECT

         Supply and demand.    

         Network inelasticity.    

 Points

Received:2 of 2

  Comments:7. Question: The quality of ubiquity, as it relates to e-commerce, is illustrated by:

 

Your Answer:

         The same set of standards being used across the globe.    

         Plentiful, cheap information.    

         The enabling of commerce worldwide.    

         The availability of Internet technology everywhere and anytime.

 ( P. 376 )

   CORRECT

 Points

Received:2 of 2

  Comments:8. Question: Businesses retailing products and services directly via the Internet to individual

consumers best describes:

  Your Answer:

         B2B electronic commerce    

         C2C electronic commerce    

         M-commerce    

         B2C electronic commerce ( p. 388 )    CORRECT

 Points

Received:2 of 2

  Comments:9. Question: EDI is:

 

Your Answer:

         The use of Internet technologies for electronic data transactions.    

         The exchange between two organizations of standard transactions through a network.

 ( p. 394 )

   CORRECT

         Electronic data invoicing.    

         Electronic delivery infrastructure.    

 Points

Received:2 of 2

  Comments:10

.Question: Where there is no well-understood or agreed-on procedure for making a decision, it is

said to be:

 

Your Answer:

         Undocumented    

         Unstructured  ( p. 452 )    CORRECT

         Documented    

         Semistructured    

 Points

Received:2 of 2

  Comments: