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IFSM 300 Quiz # 1 Spring 2024 University of Maryland, University College $15.99   Add to cart

Exam (elaborations)

IFSM 300 Quiz # 1 Spring 2024 University of Maryland, University College

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IFSM 300 Quiz # 1 Spring 2024 University of Maryland, University College/IFSM 300 Quiz # 1 Spring 2024 University of Maryland, University College

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  • May 7, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
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Quiz Submissions - Quiz 1
point
The term "digital divide" refers to:

Equal access to technology solutions


City-wide Internet access


Global access to the Internet


The separation of those who have access to the global network and those who do not



point
True or false: Highly qualified vendors, consultants, and IT
departments are the most important elements for the successful
implementation of enterprise technologies.

True
False


point
Which of the following statements are true of Decision Support Systems
(DSS)? (select all that apply)

DSSs are designed to take inputs regarding a known (or partially-known) decision-making
process and provide the information necessary to make a decision.


DSSs are used only at the executive level and are used to make all strategic decisions.


A decision support system (DSS) is an information system built to help an organization
make a specific decision or set of decisions.


DSSs can exist at different levels of decision-making with the organization, from the CEO
to the first-level managers.

, point
Which of the following are components of an information
system? (select all that apply)

hardware


data


software


process


people



point
Which of the following is defined as the ability of customers to drive
down the price of goods and services?

rivalry among competitors


threat of price reduction


buyer power or the bargaining power of customers


supplier power



point
According to the Five Forces Model developed by Harvard Business
professor Michael Porter, all of the following are major factors that
determine a company’s standing in an industry, except for which one?

Political and/or economic factors

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