100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MIS 301 Exam 1 Question and answers already passed 2024 £10.55   Add to cart
Quickly navigate to
Preview
  2.  
  3. MIC 301
  4.  
  5. MIC 301

Exam (elaborations)

MIS 301 Exam 1 Question and answers already passed 2024
 7 views  0 purchase
  • Module
  • MIC 301
  • Institution
  • MIC 301

MIS 301 Exam 1 Question and answers already passed 2024 Tech's Tectonic Shift - correct answer Business models and strategies have rapidly changed based on new and evolving technology Firms are shifting spending from traditional media to the Web because of its ability to - correct answer Tra...

[Show more]

Preview 3 out of 18  pages

Document information

  • August 27, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • mis 301 exam 1
  • mis 301 exam 1 question and answers already passed

Written for

  • MIC 301
  • MIC 301

Seller

avatar-seller
flyhigher329

Reviews received

Content preview

MIS 301 Exam 1
Tech's Tectonic Shift - correct answer ✔Business models and strategies
have rapidly changed based on new and evolving technology


Firms are shifting spending from traditional media to the Web because of its
ability to - correct answer ✔Track customers, Analyze campaign results, and
Modify tactics


cashless payment - correct answer ✔Firms are using apps to develop
location-based messages and services


Firms are using social media to - correct answer ✔Generate sales, improve
their reputations, and to better serve customers


Brands are built through - correct answer ✔customer experience


collaborative filtering is a classification of software that - correct answer
✔monitors trend among customers to personalize an individual customer's
experience


internet retailers serve a larger geographic area with comparably smaller
infrastructure and staff. This fact suggests that internet businesses are more -
correct answer ✔scalable


______ refers to a technology which can (among other things) be used to
"track your luggage at the airport - correct answer ✔RFID

,Moore's Law corollary that is taking place with people, too. As technology
becomes faster and cheaper and developments like open source software,
cloud computing, software as a service (SaaS), and outsourcing push
technology costs even lower, tech skills are being embedded inside
___________ job functions. - correct answer ✔more


Many business students aspire to careers in investment banking. Tech firms
may very well influence their careers, given that the tech sector comprises a
high number of __________________ and __________________. - correct
answer ✔IPOs (initial public stock offerings), M&A (mergers and acquisitions)
deals


True or False: IPO markets need new firms, and the tech industry is a fertile
ground that continually sprouts new businesses like no other - correct answer
✔True


True or False: Firms are using social media to generate sales, improve their
reputations, better serve customers, and innovate - correct answer ✔True


Search engine marketing (SEM), search engine optimization (SEO), customer
relationship management (CRM), and personalization systems are all central
components of the new _____ toolkit - correct answer ✔Marketing


An organization's _____ department ensures that systems get built and keep
running. It also takes on strategic roles targeted at proposing solutions for how
technology can give the firm a competitive edge - correct answer
✔information systems


Technology experts in the area of _____ work to make sure systems are
intuitive and easy to use - correct answer ✔user-interface design

, . Many firms are developing so-called "C-level" specialties in emerging areas
with a technology focus, such as _____ - correct answer ✔CISO


We're in a golden age of tech entrepreneurship where ________________
means a startup can rent the computing resources one previously had to buy
at great expense - correct answer ✔"the cloud" (or cloud computing)


Another contributor to the easy with which young entrepreneurs can have
success is low-cost distribution to massive markets worldwide. This is enabled
by: - correct answer ✔app stores


Another reason that is fueling the boom in fast-growing technology services is
___________________, which, when done right, can virally spread
awareness of a firm with nary a dime of conventional ad spending - correct
answer ✔social media


True or False: Cloud computing and software as a service are turning
sophisticated, high-powered computing into a utility available to even the
smallest businesses and non-profit organizations - correct answer ✔True


Which technology is cited as raising the ethics and service bar for modern
managers? - correct answer ✔Social Media


___________________________________________ are driving discovery
and innovation, redefining modern marketing, and creating a shifting knife-
edge of privacy concerns that can shred corporate reputations if mishandled -
correct answer ✔Data analytics and business intelligence


______ is financial performance that consistently outperforms the industry
average - correct answer ✔Sustainable competitive advantage

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller flyhigher329. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £10.55. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£10.55
  • (0)
  Add to cart