Question

A) encourages self regulation to develop a set of privacy guidelines for its members.
B) protects user privacy during interactions with Web sites.
C) has established technical guidelines for ensuring privacy.
D) is a government agency regulating the use of customer information.
E) is a lobbying organization promoting the online privacy interests of consumers.

Answer 1

A

Answer 2

The five-component framework can also be used when assessing the scope of new systems. For example, when a vendor pitches the need for a new technology, the five components are used to assess how big of an investment that new technology represents. What new hardware will the user need? What programs will the user need to license? What databases and other data must the user create? What procedures will need to be developed for both the use and administration of the information system? And, finally, what will be the impact of the new technology on people? Which jobs will change? Who will need training? How will the new technology affect morale? Will the user need to hire new people? Will the user need to reorganize? The five-component model helps the user think more completely about the impact of new technology.

Answer 3

T

Answer 4

B

Answer 5

TRUE

Answer 6

TRUE

Answer 7

Microsoft's product Office 365 is a comprehensive collaboration tool kit. Office 365 is provided as a service over the Internet. Lync is a communications application that provides IM, audio and video conferencing, and shared whitespaces as well as shared desktops and shared applications. Furthermore, this set is integrated; SharePoint alerts can send emails via the Microsoft email server Exchange when tasks or other lists and libraries change. One can click on users' names in emails or in SharePoint, and Office 365 will automatically start a Lync text, audio, or video conversation with that user if he or she is currently available. All text messages that you send via Lync are automatically recorded and stored in the individual's email folder.

Answer 8

Porter defined value as the amount of money that a customer is willing to pay for a resource, product, or service. The difference between the value that an activity generates and the cost of the activity is called the margin. A value chain is a network of value-creating activities. That generic chain consists of five primary activities and four support activities.

Answer 9

B

Answer 10

TRUE

Answer 11

B

Answer 12

FALSE

Answer 13

FALSE

Answer 14

The transaction broker business model is most commonly found in the financial services, travel services, and job placement services industries. The eight elements of a business model are value proposition, revenue model, market opportunity, competitive environment, competitive advantage, market strategy, organizational development, and management team.

The primary value proposition for a transaction broker is the saving of time and money. These sites also often provide timely information and opinion. They offer the consumer the opportunity to increase their individual productivity by helping them to get things done faster and with less expense.

The revenue model for these firms is based upon receiving commissions or transaction fees when a successful business deal is completed. Online stock trading firms receive either a flat fee for each transaction or a fee based on a sliding scale according to the size of the transaction. Job sites charge the employers a listing fee up front, rather than when the position is filled as traditional "head hunter" firms have done.

The market opportunity for transaction brokers in financial services appears to be large due to the rising interest in receiving financial planning advice and conducting stock transactions online. Demand is also increasing for job placement help that is national and even global in nature and for purchasing travel services quickly and easily online. However, there is some market resistance due to consumers' fear of loss of privacy and loss of control over their personal financial information.

The competitive environment for financial services has become fierce as new entrants, including the traditional brokerage firms that have now entered the online marketspace, have flooded the market. To compete effectively, online traders must convince consumers that they have superior security and privacy procedures. The number of job placement sites has also multiplied, and the largest sites such as Monster, which have the greatest number of job listings, are the most likely to survive. Consolidation in all of the transaction broker markets is presently occurring, making the market opportunity and competitive environment for new firms looking to enter the marketspace bleak.

The market strategies for such firms typically include expensive marketing campaigns to convince consumers to switch from their current provider or to choose their company over other more well-established competitors, also a daunting task in the present economic environment.

Achieving a competitive advantage is crucial to firms trying to enter these industries. Possible strategies are to lure well-known names in the industry away from their present positions to head a new endeavor, giving the firm instant credibility in the market. Experienced, knowledgeable, and well-known employees may be able to give a new firm a competitive edge.

New companies may have to start out recruiting a specialized highly skilled staff, with an organizational development plan that is far more advanced than the typical startup. A strong management team will attract investors and convince investors and consumers alike that a new firm has plenty of market-specific knowledge and the experience necessary to implement the business plan.

Answer 15

Answer: TRUE

Answer 16

TRUE

Answer 17

FALSE
Explanation: This question is related to attributes and focusing on determining what basis an object is selected.
CL

Answer 18

Answer: some people just need a good challenge. as an entrepreneur they will find it; along with the independence to meet it however they see fit

Answer 19

C

Answer 20

What sets an actor instance apart from an object instance is whether the entity is outside the system space or inside it. An entity in the problem space (i.e., outside the system space), is always an actor, even though it might be another component or subsystem. Objects are born (instantiated), live (send and receive message), and die (are destroyed) on the time line. Within the axes, the sequence diagram is composed of columns and rows. Each column identifies an instance of an actor or a class (object).

Answer 21

C

Answer 22

You can type MSINFO32 and IPCONFIG to get the system information and IP configuration information at the DOS prompt.

Answer 23

Traditionally, ERP architectures have been designed and developed with three layers or "tiers" in mind. The first layer is called the "data tier" and is responsible for managing the system data. The second layer is the "business tier" which is where the ERP software modules reside. The final layer is the "presentation tier" which is where the GUI or the interface resides.

Answer 24

FALSE

Answer 25

Answer: Saul would need to implement manufacturing execution systems (MES) to link ERP system and supply chain system. Doing so ensures that operations are being managed and monitored in real-time. Doing so helps with scheduling parts that are needed on site, scheduling when make-to-order (MTO) guitars are sent out and being able to fulfill customer’s orders from stock without delay.

Answer 26

C

Answer 27

A

Answer 28

TRUE

Answer 29

A

Answer 30

TRUE

Answer 31

d

Answer 32

FALSE

Answer 33

B

Answer 34

C

Answer 35

B

Answer 36

Reasons include a desire to concentrate on the core business, the need to have services up and running rapidly, lack of expertise, the inability to have the economies of scale enjoyed by outsourcers, the inability to keep up with rapidly fluctuating demands if an in-house option is used, and the number of required services.

Answer 37

C

Answer 38

C

Answer 39

Ans: (d)

Answer 40

Student answers will vary but should include an understanding of the main risks factors: size, structure, and technical expertise. An example answer is:
The main risk factors are size, structure, and technical expertise.
• Size. The time-tracking project is a larger project: It involves creating new programming that may interface with back-end systems and will immediately influence payment and cost. It also affects business processes. Redesigning an interface for the client extranet may simply be designing one or two pages that will be replicated for each client once the initial design is done.
• Structure. It may be easier to define the requirements of the time-tracking software, as this process is relatively straightforward. Understanding what makes the user interface problematic and defining ways to make it easier to use is somewhat of a less tangible quality than reporting on time, so this may be a concern in the second project.
• Technical expertise. Since the time-tracking project is a new application, there may be some issues of making sure any in-house staff has the appropriate level of expertise. The user interface involves working with existing programming that will not change. However, there may be a need to make sure that an expert who understands usability is present.

Answer 41

A

Answer 42

C

Answer 43

A

Answer 44

C

Answer 45

TRUE
Explanation: A discriminator shows which property of an object class is being abstracted by a particular generalization relationship.
CL

Answer 46

TRUE

Answer 47

A

Answer 48

D

Answer 49

C

Answer 50

B

Answer 51

one-to-one

Answer 52

plant patents

Answer 53

In outsourcing, a firm hires an external organization to build or maintain part or all of its information systems needs. This can include software development and hosting applications, but the firm may also host any developed applications on its own hardware while having the vendor create and maintain software or systems. The vendor may be domestic or in another country (in offshore outsourcing).
The benefit to outsourcing is, in the case of domestic outsourcing, being able to develop systems that in-house staff may not have the time or skills to do. In the case of offshore outsourcing, a primary benefit is cost savings, as costs and salaries in foreign countries can be significantly less.
Disadvantages would include relinquishing some control over development, having third party firms access to privileged company data and information. It is also possible to underestimate costs in outsourcing, which include costs for transferring knowledge, cultural differences, productivity losses, and other human resource issues.