Managing Information Technology and E-business

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Questions and Answers

What is the driving force in advancing economic systems and the quality of life?

  • Online apparel sales
  • Information Technology (IT) (correct)
  • Customized cosmetics and skincare products
  • Traditional products

What do information technology processes and applications create?

  • New methods to solve problems (correct)
  • Online apparel sales
  • Traditional products
  • Quality of life

What enables haggling to be easier, especially in the area of online apparel sales?

  • Information technology processes
  • Customized cosmetics and skincare products
  • Quality of life
  • The Internet (correct)

What provides customized cosmetics and skincare products?

<p>AFE Cosmetics and Skincare (D)</p> Signup and view all the answers

What is the goal of E-Business?

<p>To use the internet to carry out the goals of business (D)</p> Signup and view all the answers

What is the main focus of Customer Relationship Management (CRM)?

<p>Using information about customers to improve relationships (B)</p> Signup and view all the answers

What is the purpose of an Intranet?

<p>To restrict access to people inside an organization (B)</p> Signup and view all the answers

What does the term 'Data' refer to in the context of information management?

<p>Numerical or verbal descriptions related to statistics or other items (D)</p> Signup and view all the answers

What is the role of a Management Information System (MIS) according to the text?

<p>To enhance management by organizing and transmitting data into information for decision making (C)</p> Signup and view all the answers

What is the function of the World Wide Web?

<p>To connect many computer networks together for global information access (D)</p> Signup and view all the answers

In E-Business, what does B2C stand for?

<p>Business-to-Customer (B)</p> Signup and view all the answers

What does the term 'Knowledge' refer to in the context of information management?

<p>An understanding of data gained through study or experience (C)</p> Signup and view all the answers

What does Extranet allow?

<p>Access to information for selected companies and organizations, allowing collaboration and communication (C)</p> Signup and view all the answers

What is the main purpose of the Internet according to the text?

<p>To enable global information access by linking computer networks together (D)</p> Signup and view all the answers

Which statement best describes the impact of technology on business, according to the text?

<p>Improved business effectiveness, reach, and efficiency while reducing costs (D)</p> Signup and view all the answers

What is the function of a Database in an organization as per the text?

<p>A collection of data stored in one place accessible throughout the network (D)</p> Signup and view all the answers

What is the driving force in advancing economic systems and the quality of life, according to the text?

<p>Technology</p> Signup and view all the answers

What enables haggling to be easier, especially in the area of online apparel sales?

<p>The Internet</p> Signup and view all the answers

What does information technology create, according to the text?

<p>New methods to solve problems, perform tasks, and manage communication</p> Signup and view all the answers

What is the main focus of E-Business, as per the text?

<p>Online Bargaining</p> Signup and view all the answers

What is the role of a Management Information System (MIS) as described in the text?

<p>Organizing and transmitting data into information that can be used for decision making.</p> Signup and view all the answers

Define 'Data' as explained in the text.

<p>Numerical or verbal descriptions related to statistics or other items that have not been analyzed or summarized.</p> Signup and view all the answers

What is the primary function of the World Wide Web according to the text?

<p>It is a collection of interconnected Web sites or pages of text, graphics, audio, and video within the Internet.</p> Signup and view all the answers

What is the purpose of an Intranet as per the text?

<p>A network of computers similar to the Internet that is available only to people inside an organization.</p> Signup and view all the answers

Describe the impact of technology on business, according to the text.

<p>Improved business effectiveness and reach, global access, faster productivity growth, efficiency, and reduced costs.</p> Signup and view all the answers

What is the main focus of Customer Relationship Management (CRM) as outlined in the text?

<p>Using information about customers to enhance customer relationships and experiences.</p> Signup and view all the answers

Explain the concept of Business-to-Business (B2B) in E-Business according to the text.

<p>The use of the Internet for transactions and communications between organizations.</p> Signup and view all the answers

What is the function of a Database as per the text?

<p>A collection of data stored in one place and accessible throughout the network.</p> Signup and view all the answers

Define 'Information' as explained in the text.

<p>Meaningful and useful interpretation of data and knowledge that can be used in making decisions.</p> Signup and view all the answers

What is the role of Extranet as per the text?

<p>It permits selected companies and other organizations to access the same information and may allow collaboration and communication about the information.</p> Signup and view all the answers

Explain the concept of Consumer-to-Consumer (C2C) in E-Business according to the text.

<p>A market in which consumers market goods and services to each other through the Internet.</p> Signup and view all the answers

What is the main purpose of the Internet as per the text?

<p>It is a global information system that links many computer networks together.</p> Signup and view all the answers

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