You need to know something about the hierarchy and culture of the company in order to understand how ...

You need to know something about the hierarchy and culture of the company in order to understand how a specific business firm uses information systems
 
  Indicate whether the statement is true or false

 Q. 2

How is explicit knowledge different from tacit knowledge?
 
  What will be an ideal response?

 Q. 3

Consumer Reports is a magazine that tests consumer products in its labs and disseminates information on the results so consumers can compare brands. Hence, Consumer Reports is an example of a(n) ________.
 
  A) e-marketplace
  B) virtual market
  C) infomediary
  D) intranet

 Q. 4

Text messages multiply the power of informal networks by allowing users to broadcast information not yet available through traditional means.
 
  Indicate whether the statement is true or false

 Q. 5

________ systems are also known as enterprise systems.
 
  A) Resource planning
  B) Enterprise resource planning
  C) Enterprise support
  D) Management information
  E) Decision-support

 Q. 6

________ restricts the information that the U.S. federal government can collect about an individual and regulates what it can do with the information.
 
  A) The Privacy Act of 1974
  B) The Gramm-Leach-Bliley Act of 1999
  C) The Freedom of Information Act
  D) The FIP set of principles
  E) COPPA