A/an _____ is a document provided to potential external vendors allowing the vendor to compete with a proposal.

A/an _____ is a document provided to potential external vendors allowing the vendor to compete with a proposal.

Answer: Request for Proposal (RFP)

Which of the following dimensions of e-commerce technology involves the integration of video, audio, and text marketing messages into a single marketing message and consumer experience?

Which of the following dimensions of e-commerce technology involves the integration of video, audio, and text marketing messages into a single marketing message and consumer experience?

Answer: Richness

Compared to traditional goods, digital goods have

Compared to traditional goods, digital goods have

Answer: Greater pricing flexibility

Selling the same goods to different targeted groups at different prices is called

Selling the same goods to different targeted groups at different prices is called

Answer: Price Discrimination

At what stage of the systems development process are information/user requirements established?

At what stage of the systems development process are information/user requirements established?

Answer: Analysis

Disintermediation has which of the following effects?

Disintermediation has which of the following effects?

Answer: It lowers costs to the consumer

The entire system-building effort is driven by

The entire system-building effort is driven by

Answer: End-User User information requirements

A feasibility study determines whether a system solution is achievable from a

A feasibility study determines whether a system solution is achievable from a

Answer: Organizational Standpoint, Technical Standpoint, financial standpoint.

A system will be reviewed by both users and technical specialists to determine how well it has met its original objectives and to decide whether any revisions or modifications are required during which phase?

A system will be reviewed by both users and technical specialists to determine how well it has met its original objectives and to decide whether any revisions or modifications are required during which phase?

Answer: Maintenance

Transferring data from a legacy system to the new system would be defined by which system design specification category?

Transferring data from a legacy system to the new system would be defined by which system design specification category?

Answer: Conversion

Reducing the business process layers in a distribution channel is called

Reducing the business process layers in a distribution channel is called

Answer: disintermediation

Varying a product's price according to the supply situation of the seller is called __________ pricing.

Varying a product's price according to the supply situation of the seller is called __________ pricing.

Answer: dynamic

When did e-commerce begin?

When did e-commerce begin?

Answer: 1995

Which of the following is an example of the content provider Internet business model?

Which of the following is an example of the content provider Internet business model?

Answer: iTunes

All of the following are approaches to building information systems, except

All of the following are approaches to building information systems, except

Answer: Test & Deploy

Given the variety of devices individuals use to visit websites (i.e., desktops, tablets, and smartphones), _____________ web design enables a website to change automatically to fit a device.

Given the variety of devices individuals use to visit websites (i.e., desktops, tablets, and smartphones), _____________ web design enables a website to change automatically to fit a device.

Answer: Responsive

Information ________ exists when one party in a transaction has more information that is important for the transaction than the other party.

Information ________ exists when one party in a transaction has more information that is important for the transaction than the other party.

Answer: Asymmetry

What is this software development method commonly called?

What is this software development method commonly called?

Answer: Waterfall or SDLC

Which process develops a detailed description and formal documentation of the functions that a new information system must perform?

Which process develops a detailed description and formal documentation of the functions that a new information system must perform?

Answer: Requirements Analysis

The six stages of the system development process, in the correct order, are

The six stages of the system development process, in the correct order, are

Answer: Analysis, Design, Programming, Testing, Conversion, Production & Maintenance