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Mid Semester Quiz in class

Mid Semester Quiz in class - DO YOU REMEMBER ITC240 540 Mid...

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DO YOU REMEMBER ? ITC240 & 540 Mid semester Review 1. Advantages of the new economy's way of doing business over the old way include all of the following EXCEPT: A) lower cost B) greater speed C) IT-based competitive advantage D) less convenience 2. ____________ support functional managers by providing them with periodic reports such as weekly sales volume and comparisons of actual expenses to budgeted expenses. A) Personal information managements B) Transaction processing systems C) Management information systems D) Enterprise systems 3. The main support provided by IT for the _________________ is to improve procurement activities and relationships with suppliers. 4. A service where usually there is no hardware and software to buy since the applications are used over the Internet and paid for through a fixed subscription fee, or payable per an actual usage fee, is called:
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