32 Questions
What is the driving force in advancing economic systems and the quality of life?
Information Technology (IT)
What do information technology processes and applications create?
New methods to solve problems
What enables haggling to be easier, especially in the area of online apparel sales?
The Internet
What provides customized cosmetics and skincare products?
AFE Cosmetics and Skincare
What is the goal of E-Business?
To use the internet to carry out the goals of business
What is the main focus of Customer Relationship Management (CRM)?
Using information about customers to improve relationships
What is the purpose of an Intranet?
To restrict access to people inside an organization
What does the term 'Data' refer to in the context of information management?
Numerical or verbal descriptions related to statistics or other items
What is the role of a Management Information System (MIS) according to the text?
To enhance management by organizing and transmitting data into information for decision making
What is the function of the World Wide Web?
To connect many computer networks together for global information access
In E-Business, what does B2C stand for?
Business-to-Customer
What does the term 'Knowledge' refer to in the context of information management?
An understanding of data gained through study or experience
What does Extranet allow?
Access to information for selected companies and organizations, allowing collaboration and communication
What is the main purpose of the Internet according to the text?
To enable global information access by linking computer networks together
Which statement best describes the impact of technology on business, according to the text?
Improved business effectiveness, reach, and efficiency while reducing costs
What is the function of a Database in an organization as per the text?
A collection of data stored in one place accessible throughout the network
What is the driving force in advancing economic systems and the quality of life, according to the text?
Technology
What enables haggling to be easier, especially in the area of online apparel sales?
The Internet
What does information technology create, according to the text?
New methods to solve problems, perform tasks, and manage communication
What is the main focus of E-Business, as per the text?
Online Bargaining
What is the role of a Management Information System (MIS) as described in the text?
Organizing and transmitting data into information that can be used for decision making.
Define 'Data' as explained in the text.
Numerical or verbal descriptions related to statistics or other items that have not been analyzed or summarized.
What is the primary function of the World Wide Web according to the text?
It is a collection of interconnected Web sites or pages of text, graphics, audio, and video within the Internet.
What is the purpose of an Intranet as per the text?
A network of computers similar to the Internet that is available only to people inside an organization.
Describe the impact of technology on business, according to the text.
Improved business effectiveness and reach, global access, faster productivity growth, efficiency, and reduced costs.
What is the main focus of Customer Relationship Management (CRM) as outlined in the text?
Using information about customers to enhance customer relationships and experiences.
Explain the concept of Business-to-Business (B2B) in E-Business according to the text.
The use of the Internet for transactions and communications between organizations.
What is the function of a Database as per the text?
A collection of data stored in one place and accessible throughout the network.
Define 'Information' as explained in the text.
Meaningful and useful interpretation of data and knowledge that can be used in making decisions.
What is the role of Extranet as per the text?
It permits selected companies and other organizations to access the same information and may allow collaboration and communication about the information.
Explain the concept of Consumer-to-Consumer (C2C) in E-Business according to the text.
A market in which consumers market goods and services to each other through the Internet.
What is the main purpose of the Internet as per the text?
It is a global information system that links many computer networks together.
This quiz covers the impact of technology on business in a changing world, including the influence of information technology and e-business. It also explores the impact of technology on our lives and online bargaining.
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