Information Technology Essay

4236 Words17 Pages
1. What does it mean to live in the "digital age"?
B. Living, working, learning, and playing in a digital world

2. Why do we consider technology invasive?
B. Technology is so pervasive that we believe we cannot live without it

3. How long did it take for iPod to penetrate a market audience of 50 million people?
B. 3 years

4. What percentage of today's Fortune 500 companies are technology companies?
B. 10%

5. What is the difference between how you would purchase technology compared to the way businesses purchase technology?
A. Your purchase is based upon money availability; businesses' are based upon competitive advantage 6. If you wanted to ensure that your business maintains a desirable return on your investment
…show more content…
C. Inter-modal

9. The complexity of SCM is supported by technology. Which intricate SCM activity needs strong monitoring by SCM systems?
A. Multi-channel service delivery
B. Customer tracking
C. Inter-modal transportation
D. Sales force tracking 10. What is the primary focus of supply chain management (SCM)?
D. Overall cost leadership and below the line initiative 11. Which of the following results from a well-designed supply chain management system?
D. Well-designed SCM systems can enhance any of these stated activities 12. In relation to SCM, what is an information partnership?
B. Two or more companies cooperating by integrating their IT systems 13. Optimizing what ensures that the right quantity of parts arrive at the right time for production or sale?
D. Fulfillment 14. Optimizing what keeps the cost of transporting materials as low as possible?
A. Logistics

15. For a moment, imagine yourself visiting your local florist to order flowers for a party you were preparing for. The florist, however, did not have the type of flower arrangement you hoped for but the florist was able to immediately find, order and deliver this arrangement directly to your home from their supplier. What kind of relationship does this represent?
A. An information partnership
16. Which of the following systems primarily concentrates
Get Access