[pic][pic][pic][pic][pic][pic][pic][pic][pic][pic]1. Current technology trends will result in (Points : 1) [pic] IT organizations being more structured. [pic] organizations with fewer levels of management. [pic] an increased need for IT staffing. [pic] an increased number of servers within an enterprise.

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2. The quality of ubiquity, as it relates to e-commerce, is illustrated by (Points : 1) [pic] the same set of standards being used across the globe. [pic] plentiful, cheap information. [pic] the enabling of commerce worldwide. [pic] the availability of Internet technology everywhere and anytime.

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3. The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to as (Points : 1) [pic] switching costs. [pic] transaction costs. [pic] procurement. [pic] agency costs.

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4. The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached at which the additional inputs produce no additional output. This is referred to as (Points : 1) [pic] the point of no return. [pic] the law of diminishing returns. [pic] supply and demand. [pic] network inelasticity.

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5. Disintermediation (Points : 1) [pic] results from the speed of the Internet. [pic] is defined as the elimination of layers in the distribution process. [pic] is a result of social networking. [pic] All of the above

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6. Which of the following is not a recent development in e-commerce? (Points : 1) [pic] Growth of wireless Internet connections [pic] Online, interactive models for newspapers and other traditional media [pic] Use of social media within a business [pic] Lack of growth of e-commerce retail sales

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7. When a firm provides a specialized product or service for a narrow target market better than competitors, they are using a (Points : 1) [pic] product differentiation strategy. [pic] market niche strategy. [pic] mass customization strategy. [pic] process efficiency strategy.

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8. The most successful solutions or methods for achieving a business objective are called (Points : 1) [pic] value activities. [pic] best processes. [pic] core competencies. [pic] best practices.

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9. Network economics (Points : 1) [pic] applies the law of diminishing returns to communities of users. [pic] applies traditional economics to networked users. [pic] sees the cost of adding new members as inconsequential. [pic] balances the high cost of adding new members to a community against the lower cost of using network infrastructure.

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10. An information system can enhance core competencies by (Points : 1) [pic] providing better reporting facilities. [pic] creating educational opportunities for management. [pic] allowing operational employees to interact with management. [pic] encouraging the sharing of knowledge across business

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