CIS 207T Week 2 WileyPLUS Weekly Exam

For this activity, you will take a graded exam. You should complete this exam after you have completed all of the other materials and activities for this week.

Complete this graded exam by doing the following:

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2. Read the exam policies carefully.

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4. Read each question carefully. Then, answer the question and click the Submit Answer button to submit each answer for grading.

Question 1

B2B e-commerce comprises about _____ percent of e-commerce volume.

85

15

35

55

Question 2

Buy-side marketplaces use _______________ auctions and are suitable for ___________.

forward; procurement

forward; customization

reverse; customization

reverse; procurement

Question 3

Your textbooks are examples of a _____________ for your education.

Procurement goods

Direct materials

Purchasing goods

Indirect materials

Question 4

_____________________ exchanges connect buyers and sellers across many industries.

Multi-dimensional

Vertical

Horizontal

Functional

Question 5

The goal of group purchasing in the buy-side marketplace is to ____________.

get the best deal in a forward auction

share resources among partner companies

attract more seller attention

bring up the product’s value in a reverse auction

Question 6

The sell-side marketplace is similar to the _________ model.

C2B

C2C

B2C

B2G

Question 7

Buy-side marketplaces use reverse auctions.

True

False

Question 8

When organizations come to a company’s Web site for procurement, such business is classified as a(n):

buy-side marketplace.

sell-side marketplace.

electronic exchange.

None of these.

Question 9

Information Systems for marketing incorporate the following functions: (check all that apply)

Inventory & quality management

Customer relationship management

Auditing

Planning production and operations

Budgeting

Supply chain management

Recruitment

Logistics and materials management

Financial planning and forecasting

Question 10

Information Systems for production and operations management (POM) incorporate the following functions: (check all that apply)

Customer relationship management

Inventory and quality management

Supply chain management

Auditing

Planning production and operations

Logistics and materials management

Financial planning and forecasting

Budgeting

Question 11

Which of the following is not a function of functional area information systems?

providing information to managers in the functional areas

supporting the managerial tasks of planning, organizing, and controlling operations

providing information primarily in the form of reports

providing data from business events to the corporate database

providing analysis capabilities to middle-level managers and staff

Question 12

Functional information systems support the entire enterprise or major portions of it.

True

False

Question 13

Exception reports show a greater level of detail than is included in routine reports.

True

False

Question 14

_____ reports show a greater level of detail than is included in routine reports.

Ad hoc

Routine

Drill-down

Key-indicator

Exception

Question 15

GM’s new service lane automation application is a type of ___________ system.

ERP

FAIS

TPS

expert

Question 16

______________________ are often populated with data from source data automation technologies such as bar code scanners.

FAIS

TPS

DSS

ERP

Question 17

Sentiment analysis extracts _________ information in source materials, which is particularly useful in __________.

objective; business databases

subjective; social media

objective; social media

subjective; business databases

Question 18

Sentiment analysis algorithms use simple terms to express sentiment about a product or service, so ________ makes it __________ to classify online content as positive, negative, or neutral.

exaggeration; difficult

exaggeration; simple

sarcasm; difficult

sarcasm; simple

Question 19

The entertainment industry primarily uses sentiment analysis to improve their ______.

marketing campaigns

TV show times

advertising revenue

movie release dates

Question 20

BI encompasses applications, processes, and technology.

True

False

Question 21

BI can support organizational transformation.

True

False

Question 22

____________ is NOT categorized as BI.

Applications

Hardware

Processes

Technologies

Question 23

___________ is a subset of BI according to Thomas Davenport.

Reporting

OLAP

Business analytics

Querying

Question 24

Which of the following is NOT a requirement of TPSs?

Must record results accurately and securely

Must ensure overlapping updates can’t occur

Must maximize downtime

Have to efficiently handle large variations in volumes of data

Question 25

_____ reports contain special information not found in routine reports.

Ad hoc

Summary

Drill-down

Key-indicator

Exception