Mis 535 Final Exam Answers – All Possible Questions

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MIS 535 Final Exam Answers – All Possible Questions 1. (TCO A) Which of the following decisions require knowledge based on collaboration and interaction? (Points : 4) 1. (TCO A) The costs for firms operating on a global scale have been drastically reduced by (Points : 4) 1. (TCO A)Which of the following objectives best describes the business strategy behind the development of smart grid initiatives by power companies, as discussed in the chapter case?

2. (TCO B) Which of the following businesses use the market creator business model?
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(TCO D) How are RFID systems used in inventory control and supply chain management?

11. (TCO D) What is cloud computing and how do you think its developments could impact businesses?

12. (TCO D)What are the business advantages of using voice over IP (VOIP) technology?

13. (TCO E) Distinguish between grid computing, cloud computing, and utility computing.

14. (TCO E)What additional complexities are faced in global supply chains? How does the Internet help in managing global supply chains?

15. (TCO E) Explain why standards are so important in information technology? What standards have been important for the growth of Internet technologies?

16. (TCO F)Differentiate between intangible and tangible benefits and list three examples of each. In what types of systems are intangible benefits more predominant?

17. (TCO F)You have been hired as a consultant for a nationwide real estate firm, Cross & Deptford, who are interested in achieving better organization between branches by updating their information systems, but are not sure what will suit their needs. What will you recommend they do in order to determine the most effective IT projects?

18. (TCO F)What qualities of object-oriented development make this method especially suitable for Internet applications?

19. (TCO G) Define the basic concept of responsibility, accountability, and

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