Answer the following statement(s) true (T) or false (F)

Question

1. Companies capture significant benefits by just implementinginformation technologyinto their operations.
2. A decision support system (DSS) employs theoretical models to help users gain insights into a real time situation.
3. Webinar is the most basic form of Web conference.
4. Product life cycle management supports only the research and development phase of a product.
5. Interorganizational information systems help to reduce the effort and cost of processing a company’s transaction.

Answer 1

1.False
Companies that merely insert information technology (IT) into their operations without making changes that exploit the new IT capabilities will not capture significant benefits.
2.False
A decision support system (DSS) employs analytic models to help users gain insights into a problem situation, examine alternative solutions, and recommend an appropriate course of action.
3.False
Screen sharing is the most basic form of Web conference—each participant sees whatever is on the presenter’s screen, be it a spreadsheet, legal document, artwork, blueprint, or a medical scan image.
4.False
Product life cycle management (PLM) systems support the processes associated with the various phases of the life cycle of a product, including sales and marketing, research and development, concept development, product design, prototyping and testing, manufacturing process design, production and assembly, delivery and product installation, service and support, and product retirement and replacement.
5.True
Interorganizational information systems speed up the flow of material, payments, and information, while allowing companies to reduce the effort and costs of processing such transactions.