Itm Chapter 1 Quiz

Exam Name___________________________________ TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) Internet advertising is growing at a rate of more than 25 percent a year. Answer: True False 2) Netbooks are emerging as a growing presence in the PC marketplace, often using open-source software. Answer: True False 3) Cloud computing platform is a flexible collection of computers on the Internet designed to perform tasks traditionally performed on corporate computers. Answer: True False 4) Digital firms sense and respond to their environments far more rapidly than traditional firms, giving them more flexibility to survive in turbulent times. Answer: True False 5) Information technology (IT) can be defined technically as a set of interrelated components that collect, process, store, and distribute information to support decision making and control in an organization. Answer: True False 6) Private intranets extended to authorized users outside the organization are called intranets. Answer: True False 7) The World Wide Web is the exact same thing as the Internet. Answer: True False 8) As managers, most students will work for firms that are intensively using information systems and making large investments in information technology. Answer: True False 9) Cell phones, BlackBerrys, iPhones, e-mail, and online conferencing over the Internet have not yet become essential tools of business. Answer: True False 10) Supply chains have become more fast paced, with companies of all sizes depending on just-in-time inventory to reduce their overhead costs and get to market faster. Answer: True False 11) New industries appear, old ones decline, and successful firms are those that learn how to use the new technologies. Answer: True False 12) Less powerful data analytics and interactive dashboards provide real-time performance information to managers to enhance management control and decision making. Answer: True False 13) Managers adopt millions of