IS207 Final Exam (Part 2)

In business, how do AI-powered chatbots contribute to customer support?

• Providing investment and financial planning advice

• Diagnosing medical conditions

• Answering user inquiries in real time

• Creating immersive virtual environments

As a small business owner creating handcrafted jewelry, which e-commerce model would involve selling your products directly to individual consumers, allowing them to browse, make purchases, and have items delivered to their homes?

• Business-to-Business (B2B)

• Business-to-Consumer (B2C)

• Consumer-to-Business (C2B)

• Consumer-to-Consumer (C2C)

In a situation where your team faces a problem for which there is no guaranteed optimal solution, and you need practical shortcuts to guide your decision-making, which approach would be most appropriate?

• Satisficing

• Optimization

• Trial and Error

• Heuristics

What is the main function of Expert Systems in Specialized Business Information Systems?

• Creating immersive virtual environments

• Emulating human expertise in specific domains

• Predicting future trends and behaviors

• Generating architectural designs

If you plan to collaborate with other businesses, such as wholesalers or retailers, in the distribution of your handcrafted jewelry, which e-commerce model suits this scenario?

• Consumer-to-Consumer (C2C)

• Business-to-Consumer (B2C)

• Business-to-Business (B2B)

• Consumer-to-Business (C2B)

In business, how do organizations use AI for predictive analytics?

• Troubleshooting technical issues

• Forecasting future trends, behaviors, or issues

• Emulating human expertise in specific domains

• Simulating real-world combat scenarios

You're considering selling some of your excess jewelry-making supplies to fellow artisans. Which e-commerce model aligns with this peer-to-peer exchange?

• Business-to-Government (B2G)

• Business-to-Business (B2B)

• Consumer-to-Business (C2B)

• Consumer-to-Consumer (C2C)

Which of the following is a component of Transaction Processing Systems (TPS)?

• Video Editing Software

• Graphic Design Tools

• Point-of-Sale Terminals

• Project Management Software

Which business operations are typically supported by Transaction Processing Systems?

• Customer relationship management, marketing, and sales forecasting
• Quality control, human resources, and financial reporting
• Supply chain management, product development, and strategic planning
• Order processing, inventory management, and payroll processing

Which application of Virtual Reality (VR) in business involves creating immersive 3D models for employee training and product prototyping?

• Virtual Tours

• Predictive Analytics

• Training and Simulation

• Recommendation Systems