1. Which of the following statements is true?
Virtual worlds are well-developed, interesting tools for businesses and consumers and have gained widespread acceptance.
Wikia is an example of a new business model that has emerged from Web 2.0. It s the accumulation of the "power of the crowd," but the potential of such a business model remains limited because of competition.
Social network analysis (SNA) software is used to identify, represent, analyze, visualize, or simulate network nodes and edges from various types of input data.
In general, enterprises have not gained more value from BI by extending information to many types of employees, maximizing the use of existing data assets.
2. Which of the following statements is false?
RFID technology generates massive amounts of data that can be analyzed to achieve great insights into a company's environment, a major purpose for the very existence of BI and decision support.
Fundamentally, RFID is one example of automatic identification technologies, unlike scanner-based barcodes and magnetic strips.
Concepts such as virtual currencies often allow participants to buy or sell virtual goods or services, such as clothes or training.
One of the applications of the massive amounts of data that are generated by RFID is in supply-chain management.
3. Which of the following statements is false?
By applying algorithms that reduce the volume of personally identifiable information, reality mining can characterize places according to the activity and movement between them.
Without committed management support and sponsorship a business implementation has a high risk of failure.
A clear vision and planning are factors critical to the success of BI implementation.
Web 2.0 is not only changing what is on the Web, but also how it works.