MIS10E_testbank_CH01
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MIS10E_testbank_CH01

Course Number: MIS 213, Spring 2011

College/University: Emporia

Word Count: 3905

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Chapter 1 Information Systems in Global Business Today True-False Questions 1. Internet advertising is growing at a rate of more than 30 percent a year. Answer: True 2. Difficulty: Easy Reference: p. 16 Difficulty: Easy Reference: p. 16 Difficulty: Easy Reference: p. 16 In order to understand how a specific business firm uses information systems, you need to know something about the hierarchy and culture...

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Chapter 1 Information Systems in Global Business Today True-False Questions 1. Internet advertising is growing at a rate of more than 30 percent a year. Answer: True Difficulty: Hard Reference: p. 6 2. A business model describes how a company produces, delivers, and sells a product or service to create wealth. Answer: True Difficulty: Easy Reference: p. 11 3. Information technology (IT) consists of all the hardware that a firm needs to use in order to achieve its business objectives, whereas information systems consist of all the software and business processes needed. Answer: False Difficulty: Medium Reference: pp. 1314 4. Computers are only part of an information system. Answer: True Difficulty: Easy Reference: p. 16 5. Information systems literacy describes the behavioral approach to information systems, whereas computer literacy describes the technical approach. Answer: False Difficulty: Easy Reference: p. 16 6. The dimensions of information systems are management, organizations, and information

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Emporia - MIS - 213
Chapter 2Global E-Business: How BusinessesUse Information SystemsTrue-False Questions1.Operational management is responsible for directing the day-to-day operations of thebusiness and therefore needs transaction-level information.Answer: True2.Di
Emporia - MIS - 213
Chapter 3Information Systems,Organizations, and StrategyTrue-False Questions1.AnalysisOne type of competitive advantage Amazon was able to implement was that of being a newmarket entrant.Answer: TrueDifficulty: HardReference: pp. 97, 107108Anal
Emporia - MIS - 213
Chapter 4Ethical and Social Issues inInformation SystemsTrue-False Questions1.The cases of Enron, Worldcom, Parmalat, and Bristol-Meyers Squibb are examples of failedethical judgment by information systems managers.Answer: False2.Reference: p. 13
Emporia - MIS - 213
Chapter 5IT Infrastructure and EmergingTechnologiesTrue-False Questions1.IT infrastructure technology is purely a set of physical devices and software applications thatare required to operate the entire enterprise.Answer: False2.Reference: p. 176
Emporia - MIS - 213
Chapter 6Foundations of Business Intelligence:Databases and Information ManagementTrue-False Questions1.A grouping of characters into a word, a group of words, or a complete number is called arecord.Answer: False2.Reference: p. 230Difficulty: Ea
Emporia - MIS - 213
Chapter 7Telecommunications, the Internet,and Wireless TechnologyTrue-False Questions1.Telephone networks are fundamentally different from computer networks.Answer: True2.Difficulty: EasyReference: p. 267Difficulty: EasyReference: p. 269Diffic
Emporia - MIS - 213
Chapter 8Securing Information SystemsTrue-False Questions1.The potential for unauthorized access is usually limited to the entry points of a network.Answer: False2.Reference: p. 319Difficulty: EasyReference: p. 319Difficulty: MediumReference: p
Emporia - MIS - 213
Chapter 9Achieving Operational Excellenceand Customer Intimacy:Enterprise ApplicationsTrue-False Questions1.Manufacturing companies typically think about their supply chains as a process ultimatelyfocused on serving the customer.Answer: False2.R
Emporia - MIS - 213
Chapter 10E-Commerce: Digital Markets,Digital GoodsTrue-False Questions1.E-commerce refers to the use of the Internet and the Web to transact business.Answer: True2.Reference: p. 396Difficulty: MediumReference: p. 397Difficulty: MediumReferenc
Emporia - MIS - 213
Chapter 11Managing KnowledgeTrue-False Questions1.Knowledge residing in the minds of employees that has not been documented is calledexplicit knowledge.Answer: False2.Reference: p. 436Difficulty: MediumReference: p. 436Difficulty: EasyReferenc
Emporia - MIS - 213
Chapter 12Enhancing Decision MakingTrue-False Questions1.Unstructured decisions are novel and nonroutine, and there is no well-understood or agreedon procedure for making them.Answer: True2.Reference: p. 475Difficulty: EasyReference: p. 475Diffi
Emporia - MIS - 213
Chapter 13Building SystemsTrue-False Questions1.The most common form of IT-enabled organizational change is automation.Answer: True2.Difficulty: MediumReference: p. 523Difficulty: MediumReference: p. 527Difficulty: EasyReference: p. 528Diffic
Emporia - MIS - 213
Chapter 14Project Management: Establishingthe Business Value of Systems andManaging ChangeTrue-False Questions1.Between 30 and 40 percent of all software projects are runaway projects that far exceedoriginal schedule and budget projections.Answer:
Emporia - MIS - 213
Chapter 15Managing Global SystemsTrue-False Questions1.The growth of international trade has radically altered domestic economies around the globe.Answer: True2.Reference: p. 598Difficulty: EasyReference: p. 599Difficulty: MediumReference: p. 5
Notre Dame - ECON - 111
Test 1 Part 2Joe MillerEcon 111Section 06A 11:20October 17, 20111. Questions about the article from the New York Times:a. How effective would markets be in eliminating the problem of incomeinequality as discussed in the above article?- A market is
Ball State - ECON - 345
Part 1 Getting StartedInstructors Manual to accompanyPublic Finance, Ninth Edition, by Harvey S. Rosen and Ted GayerSuggested Answers to End-of-Chapter Discussion QuestionsSome of the questions have no single correct answer reasonable people can go of
Ball State - ECON - 345
Part 1 - Getting StartedChapter 2 Tools of Positive Analysis1.A change in the marginal tax rate changes the individuals net wage. This generates bothan income effect and a substitution effect. As long as leisure is a normal good, theseeffects work in
Ball State - ECON - 345
Part 1 - Getting StartedChapter 3 Tools of Normative Analysis1.a.In this particular insurance market, one would not expect asymmetric informationto be much of a problem the probability of a hurricane is common knowledge.Moral hazard could be an issu
Ball State - ECON - 345
Part 2 Public Expenditure: Public Goods and ExternalitiesChapter 4 Public Goods1.a. Wilderness area is an impure public good at some point, consumption becomesnonrival; it is, however, nonexcludable.b.Satellite television is nonrival in consumption,
Ball State - ECON - 345
Part 2 Public Expenditure: Public Goods and ExternalitiesChapter 5 - Externalities1.Classical economics explicitly requires that all costs and benefits be taken into accountwhen assessing the desirability of a given set of resources, so Gores statemen
Ball State - ECON - 345
Part 2 Public Expenditure: Public Goods and ExternalitiesChapter 6 Political Economy1.a.Below, the preferences for each person.Person 4Person 51Person 32Person 134Person 2Ab.2.BCDC wins in every pair wise vote. Thus, there is a stable
Ball State - ECON - 345
Part 2 Public Expenditure: Public Goods and ExternalitiesChapter 7 Education1. There are numerous rationales given for government provision of education. Eventhough education is primarily a private good, many argue that educating a child providesexter
Ball State - ECON - 345
Part 2 Public Expenditure: Public Goods and ExternalitiesChapter 8 Cost-Benefit Analysis1. Yes, one really must ask these questions, although it may seem distasteful. Otherwise,there is no way to determine which safety precautions are sensible.2. The
Ball State - ECON - 345
Part 3 Public Expenditure: Social Insurance and Income MaintenanceChapter 9 The Health Care Market1.Concern with health care costs does not mean that health care is not good.Economists do not care about the cost of health care per se. Rather, the issu
Ball State - ECON - 345
Part 3 Public Expenditure: Social Insurance and Income MaintenanceChapter 10 Government and the Market for Health Care1.One explanation discussed in the chapter is that the shift toward managed care led to aone-time decrease in expenditures, but advan
Ball State - ECON - 345
Part 3 Public Expenditure: Social Insurance and Income MaintenanceChapter 11 Social Security1. With adverse selection, insurance contracts with more comprehensive coverage arechosen by people with higher unobserved accident probabilities. To make up fo
Ball State - ECON - 345
Part 3 Public Expenditure: Social Insurance and Income MaintenanceChapter 12 Income Redistribution: Conceptual Issues1.Utilitarianism suggests that social welfare is a function of individuals utilities. Whetherthe rich are vulgar is irrelevant, so thi
Ball State - ECON - 345
Part 3 Public Expenditure: Social Insurance and Income MaintenanceChapter 13 Expenditure Programs for the Poor1.a.With a wage rate of $10 per hour, Elizabeth earns $100. Because the deduction inCalifornia is $225, none of her earnings are counted aga
Ball State - ECON - 345
Part 4 A Framework for Tax AnalysisChapter 14 Taxation and Income Distribution1.The market initially is at P1Q1. Adding a per-transaction tax on brothels would be a taxon a commodity. Because the producer would be paying the tax, the effective supply
Ball State - ECON - 345
Part 4 A Framework for Tax AnalysisChapter 15 Taxation and Efficiency1.a. The supply of land is fixed, or perfectly inelastic, so there is no excess burdenbecause the lower price that sellers receive does not cause quantity supplied tofall.b. The us
Ball State - ECON - 345
Part 4 A Framework for Tax AnalysisChapter 16 Efficient and Equitable Taxation1.Assuming that all other commodities (except for cable and satellite television) wereuntaxed, then optimal tax policy suggests the commodities should be taxed according to
Ball State - ECON - 345
Part 5 The United States Revenue SystemChapter 17 The Personal Income Tax1.The Haig-Simons definition of income is the net change in the individuals power toconsume during a given period. This criterion suggests the inclusion of all sources ofpotenti
Ball State - ECON - 345
Part 5 The United States Revenue SystemChapter 18 Personal Taxation and Behavior1.The supply of labor (and other factors) in and out of a city is more elastic than the supplyof factors to the nation as a whole. Therefore, an income tax reduction at th
Ball State - ECON - 345
Part 5 The United States Revenue SystemChapter 19 The Corporation Tax1. This statement implies that it makes more sense to have a tax treatment that prefersdividends rather than retained earnings so that corporations dont grow so large that goodmanage
Ball State - ECON - 345
Part 5 The United States Revenue SystemChapter 21 Fundamental Tax Reform: Taxes on Consumption and Wealth1.a.The income tax is 50 percent, so Zach pays 50%*$10000 = $5000 in income taxesin the first period. He saves half of what is left after taxes a
Ball State - ECON - 345
Part 6 Multigovernment Public FinanceChapter 22 Public Finance in a Federal System1. Federal safety regulation may impart economies of scale or a lower cost of compliancethan state-by-state systems for companies. It would also impart a lower cost of po
Ball State - ECON - 345
CHAPTER1IntroductionMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Defining the Field of Study Public Finance the field of economics thatanalyzes government taxation and spendingpolicies Public Sector Econo
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CHAPTER2Tools of Positive AnalysisMcGraw-Hill/Irwin1-1Copyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.The Role of Theory Economic models Virtue of simplicity Judging a model Limitations of models Empirical analysis2 -2Ca
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CHAPTER3Tools of Normative AnalysisMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Welfare Economics Welfare Economics branch of economictheory concerned with the social desirability ofalternative economic st
Ball State - ECON - 345
CHAPTER4Public Goods1-1McGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Characteristics of Goods Excludable vs. Nonexcludable Excludable preventing anyone from consuming the goodis relatively easy Nonexcluda
Ball State - ECON - 345
CHAPTER5ExternalitiesMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Externalities Externality An activity on one entity thataffects the welfare of another entity in a waythat is outside the market mechanism
Ball State - ECON - 345
CHAPTER6Political EconomyMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.0DrES*Adams share (SA)Eves share (SE)Direct Democracy-UnanimityRulesDr A0r*r per yearThe Lindahl Model6-2Feasibility of Unani
Ball State - ECON - 345
CHAPTER7EducationMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Real Annual Expenditure Per Pupil inPublic Elementary and Secondary SchoolsSource: US Bureau of the Census [2009, p. 151]7-2Justifying Governm
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CHAPTER8Cost-Benefit AnalysisMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Projecting Present Dollars into the FutureR0 = $1000R1 = $1000*(1+.01) = $1010R2 = $1010*(1+.01) = $1020.10R2 = $1000*(1+.01)2 = $
Ball State - ECON - 345
CHAPTER9The Health Care MarketMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.U.S. Expenditures of Selected Goods andServices as Share of GDP (1960-2007)Source: US Bureau of the Census [2009, pp. 95, 425], and
Ball State - ECON - 345
CHAPTER10Government and the Market forHealth CareMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Uses of Health Care Funds in the U.S.(2007)Source: Centers for Medicare and Medicaid Services [2008c].10-2Sou
Ball State - ECON - 345
CHAPTER11Social SecurityMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Social Security Expenditures(1939-2007)Source: Social Security Trustees [2008].11-2Why Have Social Security? Consumption Smoothing and
Ball State - ECON - 345
CHAPTER12Income Redistribution: ConceptualIssuesMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.The Distribution of Income Among HouseholdsSource: US Bureau of the Census [2008bNote: These figures do not incl
Ball State - ECON - 345
CHAPTER13Expenditure Programs for the PoorMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.A Quick Look at Welfare SpendingMeans-testedCash versus in-kind assistanceAnti-poverty impact of non-means-tested prog
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CHAPTER14Taxation and Income DistributionMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.VocabularyStatutory IncidenceEconomic IncidenceTax ShiftingPartial Equilibrium Models14-2Tax Incidence: General Rema
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CHAPTER15Taxation and EfficiencyMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Pounds of corn per yearExcess Burden DefinedGovernmentlevies tax onbarleyACaCbE1C1iFB0DB1 Pounds of barley per year1
Ball State - ECON - 345
CHAPTER16Efficient and Equitable TaxationMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Optimal Commodity Taxationw(T l) = PXX + PYYwT = PXX + PYY + wlwT = (1 + t)PXX + (1 + t)PYY + (1 + t)wl1 wT = PXX + PY
Ball State - ECON - 345
CHAPTER17The Personal Income TaxMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Computation of Federal Personal IncomeTax LiabilityWages and compensation, Trade or business expenses,interest, dividends, capit
Ball State - ECON - 345
CHAPTER18Personal Taxation and BehaviorMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Income per weekLabor SupplyD|Slope| = wE1GiiiiiIncomeLeisure0WorkFtime endowmentiT Hours of leisure per week
Ball State - ECON - 345
CHAPTER19The Corporation TaxMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Ill probably kick myself for having said this, but when arewe going to have the courage to point out that in our taxstructure, the co
Ball State - ECON - 345
CHAPTER20Deficit FinanceMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.How Big Is the Deficit?DeficitSurplusOn-budget deficitOff-budget deficit20-2How Big Is the Deficit?Source: Congressional Budget Offi
Ball State - ECON - 345
CHAPTER21Fundamental Tax Reform: Taxes onConsumption and WealthMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Efficiency and Equity of PersonalConsumption Taxes Efficiency issues An income tax and saving an
Ball State - ECON - 345
CHAPTER22Public Finance in a Federal SystemMcGraw-Hill/IrwinCopyright 2010 by the McGraw-Hill Companies, Inc. All rights reserved.Background Federal system Fiscal federalism Centralization Centralization ratio =Central government expendituresTo
Ball State - ECON - 345
Chap 1: Introduction1. Public finance, also known as public sector economics or public economics, focuses onthe taxing and spending of government and their influence on the allocation of resourcesand distribution of income.2. Public finance economists
Ball State - ECON - 345
Chap 1: Introduction1. Public finance, also known as public sector economics or public economics, focuses onthe taxing and spending of government and their influence on the allocation of resourcesand distribution of income. Economics:A) started as a
Ball State - ECON - 345
Chap 3: Tools of Normative Analysis1. Welfare economics is the study of the desirability of alternative economic states.2. A Pareto efficient allocation occurs when no person can be made better off withoutmaking another person worse off. Pareto efficie