Information Systems and Business 14 questions

 

– Deadline: Friday 30 August 2013 before midnight

– Critical Thinking only

– No Copying or Paraphrasing from the text or any other source!

– No word format

Question 1 8 points  

You work for a U.S. company that manufactures ball-bearings for use in a wide variety of products, including home appliances, exercise equipment, and high-technology devices such as computers and game devices. Your CIO has asked you to investigate whether Supply Chain Management Software would be an asset to your firm. Provide five reasons why your company should invest in SCM.

Question 2 4 points  

In your own words, briefly explain the difference between operational and analytical Customer Relationship Management.

Question 3 8 points  

In your own words, define the term “transaction cost”. List and briefly describe four ways that the Internet can reduce transaction costs.

Question 4 8 points  

For each of the following E-Commerce revenue models, given an example of a business (either specific business or type of business) that would benefit from its use along with a brief explanation of why this is so: advertising, sales, subscription, free/premium, and transaction fee.

Question 5 8 points  

Name and briefly describe two ways to gather and disseminate explicit knowledge within a firm and three ways to gather and disseminate tacit knowledge (knowledge gained from the personal and undocumented expertise of professionals) within a firm. 

Question 6 8 points  

You are part of the MIS department of a large pharmaceutical company. Name and briefly describe two ways neural networks might be used within your firm. 

Question 7 8 points  

Assume you work for the CIO of McDonalds. Name and briefly describe three ways your corporation could make use of Geographic Information Systems (GIS).

Question 8 8 points  

In your own words, briefly explain what you see as the business value of a Group Decision Support System (GDSS).

Question 9 8 points  

You are consulting for the information technology division of a state university to guide and facilitate the design of a new system for handling college applications, which has previously been handled entirely with a paper-based process. They would like to set up a system by which prospective students can apply online. List five things you will do as part of the systems analysis phase.

Question 10 8 points  

List three advantages and three disadvantages of prototyping. Name two circumstances under which prototyping might be useful.

Question 11 8 points  

You are working as a project manager for a small IT consulting firm and have been asked to create a plan for reviewing and auditing completed projects in order to gauge their success. List five factors you will use to measure the success of a project.

Question 12 8 points  

In your own words, briefly explain the difference between intangible and tangible benefits and list three examples of each.

Question 13 8 points  

List and briefly describe
five problems associated with international networks.

Question 14 4 points

Name and briefly describe four potential drawbacks of utilizing the waterfall methodology for systems development projects.