Mis 301 - Study guides, Class notes & Summaries

MIS 301 Exam 2 Question and answers correctly solved 2024 Backward compatibility - correct answer ability to take advantage of complementary products developed for prior generation of tech. Ex: 16-bit Super Nintendo system incompatible w/ firm's highly successful prior generation 8-bit model (they had an epic FAIL!) Blue Ocean strategy - correct answer approach where firm seeks to create & compete in uncontested "blue ocean" market spaces, rather than competing in spaces & ways that h...

MIS 301 final Question and answers correctly solved 2024 What is supply chain? - correct answer sequence of processes involved in the production and distribution of a commodity What is disintermediation? - correct answer reduction in the use of intermediaries between producers and consumers What is bullwhip effect? How do you stop the bullwhip effect? - correct answer increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain l...

MIS 301 Midterm 1 Question and answer rated A+ 2024 T/F: The rise of open source software has lowered computing costs for startup and blue-chip companies worldwide - correct answer true T/F: Data analytics and business intelligence are driving discovery and innovation - correct answer true T/F: Facebook was founded by Sergey Brin - correct answer false T/F: Many of the careers in marketing are highly tech-centric - correct answer true T/F: Firms are increasingly shifting sp...

MIS 301 Exam 2 Question and answers verified to pass 2024 Python Syntax for hello world print ('hello world') Python syntax for new comment # t/f python is popular true Excel monthly rate yearly rate/12 excel term term in years * 12 3 parts of network effects exchange staying power complimentary benefits

MIS 301 Exam Questions with complete solution 2024 In the context of network effects, the term "network refers to the? - correct answer A common user base utilized to communicate and share with one another The three sources of value for network effects include ____, staying power, and - correct answer Exchange decisions in a process map are represented using a - correct answer diamond Why is apple pay a good example of a two-sided market? - correct answer buyers attract sell...

MIS 301 Exam 1 Question and answers already passed 2024 Business - correct answer A business is an organization designed to provide goods, services, or both to consumers. Hilton & WalMart - correct answer Examples of businesses that are predominant in capitalist economies, in which most of them are privately owned and formed to earn profit to increase the wealth of their owners National Public Radio (NPR) & Federal Home Loan Banks - correct answer Examples of businesses that are no...

MIS 301 Exam 2 Question and answers verified to pass 2024 Advergames - correct answer online mini games created for longer term, immersive brands engagement Click-through rate (CTR) - correct answer the number of users who clicked an ad divided by the number of time the ad was delivered (impression) -measures the percentage of people who clicked on an ad to arrive at a destination-site Content adjacency problems - correct answer a situation where ads appear alongside text the adver...

MIS 301 Test 1 Question and answers rated A+ 2024 Chapter 2 - correct answer Porter's Five Forces - correct answer Also known as Industry and Competitive Analysis. A framework considering the interplay between (1) the intensity of rivalry among existing competitors, (2) the threat of new entrants, (3) the threat of substitute goods or services, (4) the bargaining power of buyers, and (5) the bargaining power of suppliers. Affiliates - correct

MIS 301 Vocab Question and answers 100% correct 2024 internet of things - correct answer a vision where low cost sensors, processors, and communication are embedded into a wide array of products and our environment sarbanes-oxley act - correct answer raises the executive and board responsibilities and ties criminal penalties to certain accounting and financial violations sem - correct answer search engine marketing seo - correct answer search engine optimization crm - correc...

MIS 301 Final Exam Question and answers verified to pass 2024 Ad Hoc (On-demand) Reports - correct answer Non routine reports that often contain special information that is not included in routine reports. (10) Batch Processing - correct answer TPS that processes data in batches at fixed periodic intervals. (10) Comparative Reports - correct answer Reports that compare performances of different business units or time periods. (10) Computer-Integrated Manufacturing (CIM) - correct ...