An extranet that links a large firm to its suppliers and other key business partners is called a(n): a. private industrial network. An increase in a nation’s rate of inflation leads to an oversupply of money and eventually to a decrease in the value of the nation’s currency. T An inference engine is: d. a strategy used to search through the rule base in an expert system. An information broker provides product, pricing, and availability information to individuals and businesses and generates revenue from advertising or from directing buyers to sellers. True An information skill important for a marketing major would be: b. an understanding of product management enterprise systems. An information system can be defined technically as a set of interrelated components that collect (or retrieve), process, store, and distribute information to support: c. decision making and control in an organization. An information systems planshows how specific information systems fit into a company's overall business plan and business strategy. True An intranet uses: d. Internet technology within the boundaries of the firm. An online syndicator aggregates content or applications from multiple sources, packaging them for distribution, and reselling them to third-party Web sites. True An understanding of enterprise-wide systems for customer relationship management is one of the skills relevant to careers in marketing. True As a technical project manager you have decided to propose implementing a prototyping methodology for a small Web-based design project. What is the order of steps you will follow in this project? b. Identify user requirements, develop the prototype, use the prototype, revise and enhance the prototype As companies expand internationally, they must change their _______ to take advantage of regional trading groups. c. operating strategies As companies expand internationally, they must change their organizational structure and operating strategies to take advantage of regional trading groups. True As discussed in the chapter opening case, the NBA's use of game video clips tagged to statistical information can be seen as an effort to achieve which of the primary business objectives? c. Improved decision making As the U.S. trade deficit has increased, which of the following U.S. industries has decreased? a. manufacturing Assume that U.S. companies are importing the same product from Mexico and Taiwan . The United States enters into an FTA with Mexico but not with Taiwan . Consequently, the United States begins to import more goods from Mexico (due to lower tariffs) than from Taiwan , even though the Mexican products may not be any better or cheaper. This is an example of ________. d. trade diversion Assume you work for a package delivery service in a major metropolitan area, and that the business has been losing customers for several years. You have been asked to find a solution to this problem, perhaps one which uses modern information technologies. What is the correct way to proceed? c . Identify the problem, design alternative solutions,
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