Autograde Summary

Date Taken: 3/15/2011 6:13:30 PM

These are the automatically computed Time Spent: 220:02:29
results of your exam. Grades for essay
Points
questions, and comments from your 20 / 20 (100%)
Received:
instructor, are in the "Details" section
below.
Question Type: # Questions: # Correct:
Multiple choice 10 10

Grade Details

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

services for:

Your (p
Answer: Low-cost leadership . 96 CORRECT
)
Product differentiation

Focusing on market niche

Strengthening customer
intimacy

Points 2 of 2
Received:
Comments:
2. Question: An organization is a:

Your Stable, formal social structure that takes

Answer: 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.

(
p.
79
All of the above. - CORRECT
80
)

Points 2 of 2
Received:
 Comments:
3. Question: An information system can enable a company to focus on a market niche through:

Your
Complex trend analysis
Answer:
Tailoring products to the client

Intensive product trend

analysis
( p.
Intensive customer data
analysis
98- CORRECT
99 )

Points 2 of 2
Received:
Comments:
4. Question: Since the dot-com bubble burst of 2001, e-commerce revenues:

Your
Have essentially stagnated
Answer:
Show signs of stabilizing

( p.
Have returned to solid
growth
375- CORRECT
376 )
Have returned to exponential
growth

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 CORRECT
standards.
3
)
Allows industry participants to influence industry-
wide 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:

Your
The point of no return.
Answer:
( p.
The law of diminishing
returns. 106 CORRECT
)
Supply and demand.

Network inelasticity.

Points 2 of 2
Received:
Comments:
7. Question: The quality of ubiquity, as it relates to e-commerce, is illustrated by:

Your The same set of standards being used across

Answer: the globe.

Plentiful, cheap information.

The enabling of commerce worldwide.

(
The availability of Internet technology P.
everywhere and anytime. 37 CORRECT
6)

Points 2 of 2
Received:
Comments:
8. Question: Businesses retailing products and services directly via the Internet to individual
consumers best describes:

Your B2B electronic

Answer: commerce
C2C electronic
commerce

M-commerce
 ( p.
B2C electronic
commerce 388 CORRECT
)

Points 2 of 2
Received:
Comments:
9. Question: EDI is:

Your The use of Internet technologies for electronic

Answer: data transactions.
(
p.
The exchange between two organizations of 3
standard transactions through a network. 9 CORRECT
4
)
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 Undocumen
Answer: ted
Unstructur ( p.
CORRECT
ed 452 )
Documente
d
Semistructu
red

Points 2 of 2
Received:
Comments: