Term
What formal business plan maps out your customer base and your strategy for reaching them? |
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Definition
Path-to-Profitability (P2P) |
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Term
Which type of e-commerce occurs when a business sells products or services to customers who are primarily other businesses? |
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Term
Which type of e-commerce occurs when an individual sells products and services to another individual? |
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Term
What does "click-and-mortar" refer to? |
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Definition
An organization that has a presence in the physical world and the virtual world. |
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Term
Before you think about technological solutions to business problems or opportunities enhanced by technology, what should you have? |
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Definition
A strong understanding of your target customers. |
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Term
Which of the following types of products purchased on the internet are typically high priced items because they are purchased infrequently and often require some sort of customized order? |
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Definition
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Term
Which type of merchandise eliminates shipping costs by delivery of it via the internet? |
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Definition
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Term
Which term describes the banding together of businesses to purchase materials and services with the goal of lowering purchase prices through discounts? |
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Definition
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Term
What is the process in which a buyer posts its interest in buying a certain quantity of items with specified purchasing requirements and suppliers then compete for business? |
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Definition
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Term
Which term describes the ability of an organization to give its customers the opportunity to tailor its products or services to their specification? |
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Definition
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Term
There are methods to designing and developing business applications. Which of the following is not one of these methods? |
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Definition
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Term
What is the systems development life cycle (SDLC)? |
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Definition
A structured approach for developing information systems. |
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Term
The SDLC contains 7 phases. Which phase involves end users and IT specialists working together to gather, understand, and document the business requirements for the proposed system? |
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Definition
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Term
Which of the following is a characteristic or a proposed system that is essential to the success of your organization? |
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Definition
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Term
Which category of business application satisfies the SOA philosophy for the end user? |
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Definition
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Term
According to the SOA philosophy, what is the most important organizational resource? |
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Definition
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Term
What is the fundamental underlying infrastructure for any IT environment? |
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Definition
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Term
What type of IT infrastructure involves little or no sharing of IT and other computing resources? |
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Definition
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Term
What type of IT infrastructure involves distributing the information and processing power of IT systems via a network? |
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Definition
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Term
Which metric assesses whether or not the right functions or tasks were executed? |
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Definition
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