Autograde Summary 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: Multiple choice Grade Details
1.

Date Taken: 3/15/2011 6:13:30 PM Time Spent: 220:02:29 Points 20 / 20 (100%) Received: # Questions: 10 # Correct: 10

Question: Wal-Mart's continuous replenishment system illustrates a tactical use of information
services for:

Your Answer:

Low-cost leadership Product differentiation Focusing on market niche Strengthening customer intimacy

(p . 96 )

CORRECT

Points 2 of 2 Received: 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 2 of 2 Received:

3.

Comments: 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. 9899 )

CORRECT

Points 2 of 2 Received: Comments: 4. Question: Since the dot-com bubble burst of 2001, e-commerce revenues: Your Answer:
Have essentially stagnated Show signs of stabilizing Have returned to solid growth Have returned to exponential growth

( p. 375376 )

CORRECT

Points 2 of 2 Received: Comments: 5. Question: Benchmarking: Your Answer:
p. Compares the efficiency and effectiveness of 1 your business processes against strict 0 standards. 3

(

CORRECT

)
Allows industry participants to influence industrywide standards. Is used to measure the speed and responsiveness of information technology. Synchronizes the business processes of customers, suppliers, and trading partners.

Points 2 of 2 Received: 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: The point of no return. The law of diminishing returns. Supply and demand. Network inelasticity.

Your Answer:

( p. 106 )

CORRECT

Points 2 of 2 Received: 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. 37 6)

CORRECT

Points 2 of 2 Received: Comments: 8. Question: Businesses retailing products and services directly via the Internet to individual
consumers best describes: B2B electronic commerce C2C electronic commerce M-commerce

Your Answer:

B2C electronic commerce

( p. 388 )

CORRECT

Points 2 of 2 Received: Comments: 9. Question: EDI is: Your Answer:
The use of Internet technologies for electronic data transactions. p. The exchange between two organizations of 3 9 standard transactions through a network. 4

(

CORRECT

)
Electronic data invoicing. Electronic delivery infrastructure.

Points 2 of 2 Received: Comments: 10 Question: Where there is no well-understood or agreed-on procedure for making a decision, it is
. said to be:

Your Answer:

Undocumen ted Unstructur ( p. ed 452 ) Documente d Semistructu red

CORRECT

Points 2 of 2 Received: Comments:

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