Tuesday, December 29, 2015

IFSM 300 Quiz 2 (UMUC)

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IFSM 300 Quiz 2 (UMUC)
Question 1

0 / 1 point
True or False:  An IT plan should be developed before a strategic business plan so that management will know what they can plan based on available systems.

True


False
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Question 2

1 / 1 point
Which of the following flow chart symbols is used to represent a step or action which is taken in the process?

A) 
rectangle



B) 
diamond



C) 
circle

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Question 3

1 / 1 point
Which of the following best defines a process?

A) 
a series of events to get something done



B) 
steps a worker follows to complete a task



C) 
a series of tasks that are completed in order to accomplish a goal



D) 
a strategic objective

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Question 4

1 / 1 point
Which of the following are true about an Enterprise Resource Planning (ERP) System? (select all that apply)


A) 
it has a centralized database




B) 
it can be used to run an entire company




C) 
it is a software application




D) 
it has best practices built in

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Question 5

1 / 1 point
True or False:  IT managers should implement new technology as soon as it hits the market, always striving to obtain the least expensive products available.

True


False
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Question 6

1 / 1 point
True or false:  E-commerce is a subset of e-business.

True


False
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Question 7

1 / 1 point
Which of the following is defined as an intentional effort to plan, document, implement, and distribute an organization’s business processes with the support of information technology?

A) 
business process engineering



B) 
business process management



C) 
business process reengineering



D) 
business process improvement

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Question 8

0 / 1 point
Good IT management, which is necessary for a great IT plan, should do which of the following?

A) 
tell management what their business objectives should be



B) 
advise management if technology being considered to solve a problem is not yet proven



C) 
advise management that available technology is too expensive



D) 
let management determine the desired technical solution

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Question 9

1 / 1 point
Which of the following flow chart symbols is used to represent a decision point in the process?

A) 
rectangle



B) 
diamond



C) 
circle

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Question 10

1 / 1 point
How often should the IT plan should be changed?

A) 
every five years



B) 
monthly



C) 
typically, every three to five years—or sooner, if business conditions warrant it



D) 
never—an IT plan, once in place, does not change

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Question 11

1 / 1 point
E-Bay is an example of which e-commerce model?

A) 
B2C



B) 
C2B



C) 
C2C



D) 
C2B

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Question 12

1 / 1 point
Which of the following flow chart symbols is used to represent a point at which the flowchart connects with another process?

A) 
rectangle



B) 
diamond



C) 
circle

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Question 13

1 / 1 point
Servicing customers and collaborating with business partners are characteristics of which of the following?

e-business


e-commerce


business to business and consumer


e-collaboration
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Question 14

1 / 1 point
Which of the following are true regarding a business model?  (select all that apply)


A) 
it is the organization of product, service and information flows




B) 
it is the source of revenue




C) 
it is a source of benefit for suppliers




D) 
It is a source of benefit fo customers

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Question 15

1 / 1 point
Which of the following is innovation that creates an entirely new market or transforms an existing one?

transformative innovation


disruptive innovation


market-changing innovation


unparalleled innovation
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Question 16

1 / 1 point
True or false:  Most IT dollars are spent on the IT infrastructure.

True


False
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Question 17

1 / 1 point
True or false: Any firm establishing a Web presence, no matter how small or localized, instantly enters global marketing.

True


False
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Question 18

0 / 1 point
Which of the following are components of the business process?  (select all that apply)


A) 
input




B) 
output




C) 
customers




D) 
suppliers




E) 
process

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Question 19

0 / 1 point
True or false:  In business process reengineering, it is best to select the IT system to be used prior to reengineering the processes to ensure the process fits the system.

True


False
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Question 20

1 / 1 point
Which of  the following is defined as fully
understanding the goals of a process and then dramatically redesigning it from the ground up to achieve dramatic improvements in productivity and quality?

A) 
business process re-design



B) 
business process management



C) 
business process reengineering



D) 
business process improvement
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