Which of the following is an example of a legacy system?

Which of the following is an example of a legacy system?
 
  A) Transaction processing system running on a mainframe
  B) Scalable grid computing system
  C) Web services running on a cloud computing platform
  D) MDM software
  E) Quantum computing system

 Q. 2

Developing a new product, fulfilling an order, and hiring a new employee are all examples of business processes.
 
  Indicate whether the statement is true or false

 Q. 3

The idea that the more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional output, is referred to as:
 
  A) the point of no return.
  B) the law of diminishing returns.
  C) supply and demand.
  D) inelasticity.
  E) virtual economics.

 Q. 4

An information system can enhance core competencies by:
 
  A) providing better reporting facilities.
  B) creating educational opportunities for management.
  C) allowing operational employees to interact with management.
  D) encouraging the sharing of knowledge across business units.
  E) synchronizing the value chains of business partners with an industry.

 Q. 5

In order to understand how a specific business firm uses information systems, you need to know something about the history and culture of the company.
 
  Indicate whether the statement is true or false

 Q. 6

Software that organizes, manages, and processes business data, such as data concerned with inventory, customers, and vendors, is called:
 
  A) system software.
  B) application software.
  C) data management software.
  D) network software.
  E) web services software.

 Q. 7

When the output of some units can be used as inputs to other units, or if two organizations pool markets and expertise that result in lower costs and generate profits, ________ are created.
 
  A) value webs
  B) value chains
  C) synergies
  D) core competencies
  E) benchmarks