03.midterm Examination Answer Key ITEC 101
03.midterm Examination Answer Key ITEC 101
General Instructions: Read each instruction carefully. Use BLACK PEN only in answering the exam, pencil or friction pen is
not allowed. STRICTLY NO ERASURES/ALTERATIONS.
I. Identification
Direction: Write the correct word or phrase being asked in the sentence. Write your answer in the blank provided.
(15 pts)
E-Business 1. It includes activities for the internal management of the firm and for coordination with suppliers
and other business partners.
Intranet 2. A network located within a single organization for communications and processing. It is used by
Systems Development private and government organizations for internal networks.
Life Cycle (SDLC) 3. A methodology for understanding business objectives of a system and designing an appropriate
solution.
Business Model 4. Set of planned activities designed to result in a profit in a marketplace.
Unit Testing 5. A testing of one module at a time.
Cookies 6. A small text files deposited by Web site on user’s computer to store information about user,
accessed for the next visit.
E-Commerce 7. It is the purchasing, selling and exchanging goods and services over computer networks (internet)
through which transaction or terms of sale are performed electronically.
Internet 8. Interconnected network of thousands of networks and millions of computers.
Benchmarking 9. A process in which site is compared with those of competitors in terms of response speed, quality
of layout and design.
Local E-Commerce 10. A form of e-commerce that focused on engaging the consumer based on his or her current
Fiber Optic geographic location.
Service (FiOs) 11. An advanced form of the DSL.
Profit 12. The difference between the prices a firm is able to charge for its product and the cost of producing
Internet Protocol and distributing goods.
(IP) 13. Provides the Internet’s addressing scheme.
Commercial Transaction 14. Involves the exchange of value across organizational or individual boundaries in return for products
and services.
SWOT Analysis 15. A simple but powerful method for strategizing business and understanding where it should have
focus.
C
_____1. Provides digital content on the Web like music, film, and books. A. E-tailer
E
_____2. Process online transaction for consumers B. Community Provider
F
_____3. Create digital environment where buyers and sellers can meet and C. Content Provider
transact.
D
_____4. Provides search plus an integrated package of content and services D. Portal
A
_____5. Online version of traditional retailer. E. Transaction Broker
L
_____6. Provides Online Services. F. Market Creator
B
_____7. Provide online environment where people with similar interest can G. Value Chain
transact, share content, and communicate.
I
_____8. Set of planned activities designed to result in a profit in a H. Business Plan
marketplace.
K
_____9. Set of plans for achieving superior long-term returns on the capital I. Business Model
invested in a business firm.
H
_____10. Describes a firm’s business model. J. Revenue Model
K. Business Strategy
L. Service Provider
IV. Enumeration
Direction: Enumerate the following. (25 pts)
Approved by: