Information Systems (IS) & E-Biz

Question 1

What do you understand by "Disintermediation"?

Accepted Answer

Internet changing one company´s interaction market stakeholders

Question 2

Now, what about "Reintermediation"? Is it about the New Types of Intermediation in Supplier-Customer relations with IS?

Accepted Answer

True

Question 3

What´s the 3rd Industrial Revolution (3IR) about?

Accepted Answer

It´s definitely about a revolution in... Electronics & IT

Question 4

In AI, What´s type of machine-work is "Cognitive Insighting" and "Cognitive Engagement"?

Accepted Answer

Insighting is Behaviour Prediction ; Engagem. is Communication with Humans

Question 5

Why does Contemporary Management needs computer-based Information Systems (IS)?

Accepted Answer

Data-benefits arise from Powerful Computing IS

Question 6

What´s an Information system (IS)?

Accepted Answer

Set of COMPONENTS .... gathering/handling/storing/ddistributing information

Question 7

The notion of "Machine Cognition" was essential to expand the horizons of computer Self-Learning/Development .

Accepted Answer

True

Question 8

What´s the concept of Co-creation about...?

Accepted Answer

Encouraging customers: Participate (co-develop) new ideas/concepts/products

Question 9

The One-to-On (1:1) Interactive Communication with customers is known as

Accepted Answer

Micro-marketing

Question 10

Remember the Stages of adoption of Internet in Business??? What´s the first-stage ...?

Accepted Answer

Information

Question 11

Artificial Intelligence is the simulation of ...

Accepted Answer

HUMAN Intelligence processes by MACHINES

Question 12

What´s the 2nd industrial revolution about?

Accepted Answer

Electric energy

Question 13

What´s the name of the 1st computer (built in 1945)?

Accepted Answer

ENIAC ("the Giant Brain")

Question 14

The Advantages of co-creation are:

Accepted Answer

All other options

Question 15

What´s the most important component of 4IR?

Accepted Answer

AI, BD, IoT, ML

Question 16

And, the 4IR is about....?

Accepted Answer

Cyber-physical systems/technology

Question 17

CRM-systems´ benefits are: (i) gather data (ii) reduce costs (iii) retain customers; but is... costly-to-Implement

Accepted Answer

True

Question 18

The sub-field of Marketing responsible for "Co-creation" in Contemporary Business Management is:

Accepted Answer

Customer Relationship Management (CRM)

Question 19

Big Data is about large numeric data records (e.g. transferring 10,5 Million Euros can be termed as "Big Data")

Accepted Answer

False

Question 20

What was the 1st Industrial Revolution (1IR)???

Accepted Answer

Water & Steam Power

Question 21

AI simulates human intel processes... to (i) gain insights; (ii) predict patterns; What is Process Automation in AI?

Accepted Answer

Machine-transference of data

Question 22

What´s the most efficient method for direct communication with a single customer

Accepted Answer

One-to-One (1:1) Interactive

Question 23

One powerful computer-IS for creating value with technology is a "Knowledge Management System (KMS)". What´s NOT a KMS?

Accepted Answer

None (they´re all KMS)

Question 24

Big Data refers to...

Accepted Answer

Vast amount of information (over 100 TB)

Question 25

At what stage of internet adoption does an Electronic-Business (E-business) begins?

Accepted Answer

Transaction

Information Systems (IS) & E-Biz

Questions 25

Information Systems (IS) & E-Biz

Questions 25