Question 1

An efficient customer response system directly links consumer behavior to distribution,production,and supply chains.

Accepted Answer

A) True 
 B)False

Question 2

Research has shown that a majority of firms are able to align their information technology with their business goals.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following statements about network economics is not true?

Accepted Answer

A) Uber is an example of a business model that is based on the principle of network economics. 
B) The law of diminishing returns does not always apply to every situation. 
C) From a network economics perspective,the value of a community of people grows as the number of participants in the community increases. 
D) Information technology can be strategically useful from a network economics perspective. 
E) In network economics,the marginal cost of adding new members to the network is higher than the marginal gain. 
A) Uber is an example of a business model that is based on the principle of network economics. 
B) The law of diminishing returns does not always apply to every situation. 
C) From a network economics perspective,the value of a community of people grows as the number of participants in the community increases. 
D) Information technology can be strategically useful from a network economics perspective. 
E) In network economics,the marginal cost of adding new members to the network is higher than the marginal gain.

Question 4

A firm can be said to have competitive advantage when it has access to resources that others do not.

Accepted Answer

A) True 
 B)False

Question 5

A company's competitive advantages ultimately translate into higher stock market valuations than its competitors.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following technologies disrupted the traditional publishing industry?

Accepted Answer

A) Instant messaging 
B) e-mail 
C) Digital photography 
D) PCs 
E) World Wide Web 
A) Instant messaging 
B) e-mail 
C) Digital photography 
D) PCs 
E) World Wide Web

Question 7

Walmart's continuous replenishment system allows it to do all of the following except:

Accepted Answer

A) provide mass customization. 
B) transmit orders to restock directly to its suppliers. 
C) keep costs low. 
D) better meet customer demands. 
E) fine-tune merchandise availability. 
A) provide mass customization. 
B) transmit orders to restock directly to its suppliers. 
C) keep costs low. 
D) better meet customer demands. 
E) fine-tune merchandise availability.

Question 8

Information systems enhance core competencies by:

Accepted Answer

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) fostering synergies among departments. 
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) fostering synergies among departments.

Question 9

Select a popular product or company that you are familiar with,such as Apple's iPad.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

Accepted Answer

Student answers will vary.One example an

Question 10

Which of the following is an example of a keystone firm within a business ecosystem?

Accepted Answer

A) Apple and the mobile platform ecosystem 
B) GUESS and the fashion ecosystem 
C) Citibank and the ATM ecosystem 
D) American Airlines and the computerized reservation ecosystem 
E) Nike and the athletic apparel ecosystem 
A) Apple and the mobile platform ecosystem 
B) GUESS and the fashion ecosystem 
C) Citibank and the ATM ecosystem 
D) American Airlines and the computerized reservation ecosystem 
E) Nike and the athletic apparel ecosystem

Question 11

High product differentiation is a sign of a transparent marketplace.

Accepted Answer

A) True 
 B)False

Question 12

List three organizational factors that can prevent a firm in fully realizing the benefits of a new information system,and provide examples for each.

Accepted Answer

Features of organizations include the or

Question 13

Amazon's use of the Internet as a platform to sell books more efficiently than traditional bookstores illustrates which of the following strategies?

Accepted Answer

A) Low-cost leadership 
B) Marketing effectiveness 
C) Focusing on market niche 
D) Strengthening supplier intimacy 
E) Developing synergies 
A) Low-cost leadership 
B) Marketing effectiveness 
C) Focusing on market niche 
D) Strengthening supplier intimacy 
E) Developing synergies

Question 14

The value chain model:

Accepted Answer

A) categorizes five related advantages for adding value to a firm's products or services. 
B) sees the supply chain as the primary activity for adding value. 
C) categorizes four basic strategies a firm can use to enhance its value chain. 
D) highlights specific activities in the business where competitive strategies can best be applied. 
E) enables more effective product differentiation. 
A) categorizes five related advantages for adding value to a firm's products or services. 
B) sees the supply chain as the primary activity for adding value. 
C) categorizes four basic strategies a firm can use to enhance its value chain. 
D) highlights specific activities in the business where competitive strategies can best be applied. 
E) enables more effective product differentiation.

Question 15

According to the network economics perspective,the more people offering products on eBay's site,the greater the value of the site to all who use it.

Accepted Answer

A) True 
 B)False

Question 16

Which model is used to describe the interaction of external forces that affect an organization's strategy and ability to compete?

Accepted Answer

A) Network economics model 
B) Competitive forces model 
C) Competitive advantage model 
D) Demand control model 
E) Agency costs model 
A) Network economics model 
B) Competitive forces model 
C) Competitive advantage model 
D) Demand control model 
E) Agency costs model

Question 17

In environmental scanning,a firm may use information systems to:

Accepted Answer

A) transform inputs into products and services. 
B) analyze the performance of its intranet. 
C) identify external events that may affect it. 
D) keep track of the temperature within its data centers. 
E) develop a unified organizational culture. 
A) transform inputs into products and services. 
B) analyze the performance of its intranet. 
C) identify external events that may affect it. 
D) keep track of the temperature within its data centers. 
E) develop a unified organizational culture.

Question 18

A(n)________ is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market.

Accepted Answer

A) value chain 
B) support web 
C) value web 
D) consortium 
E) net marketplace 
A) value chain 
B) support web 
C) value web 
D) consortium 
E) net marketplace

Question 19

How is Internet technology useful from a network economics perspective? Give examples.

Accepted Answer

In network economics,the cost of adding

Question 20

The expenses incurred by a customer or company in lost time and resources when changing from one supplier or system to a competing supplier or system are known as:

Accepted Answer

A) retention costs. 
B) preservation costs. 
C) differentiation costs. 
D) switching costs. 
E) variation costs. 
A) retention costs. 
B) preservation costs. 
C) differentiation costs. 
D) switching costs. 
E) variation costs.

An efficient customer response system directly links consumer behavior to distribution,production,and supply chains.

Research has shown that a majority of firms are able to align their information technology with their business goals.

Which of the following statements about network economics is not true?

A firm can be said to have competitive advantage when it has access to resources that others do not.

A company's competitive advantages ultimately translate into higher stock market valuations than its competitors.

Which of the following technologies disrupted the traditional publishing industry?

Walmart's continuous replenishment system allows it to do all of the following except:

Information systems enhance core competencies by:

Select a popular product or company that you are familiar with,such as Apple's iPad.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

Which of the following is an example of a keystone firm within a business ecosystem?

High product differentiation is a sign of a transparent marketplace.

List three organizational factors that can prevent a firm in fully realizing the benefits of a new information system,and provide examples for each.

Amazon's use of the Internet as a platform to sell books more efficiently than traditional bookstores illustrates which of the following strategies?

The value chain model:

According to the network economics perspective,the more people offering products on eBay's site,the greater the value of the site to all who use it.

Which model is used to describe the interaction of external forces that affect an organization's strategy and ability to compete?

In environmental scanning,a firm may use information systems to:

A(n)________ is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market.

How is Internet technology useful from a network economics perspective? Give examples.

The expenses incurred by a customer or company in lost time and resources when changing from one supplier or system to a competing supplier or system are known as:

Information Systems in Global Business Today

Global E-Business and Collaboration

Ethical and Social Issues in Information Systems

It Infrastructure and Emerging Technologies

Foundations of Business Intelligence:

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy:

E-Commerce: Digital Markets, digital Goods

Managing Knowledge and Artificial Intelligence

Enhancing Decision Making

Building Information Systems

Managing Projects

Managing Global Systems

Filters

Exam 3: Information Systems,organizations,and Strategy

An efficient customer response system directly links consumer behavior to distribution,production,and supply chains.

Research has shown that a majority of firms are able to align their information technology with their business goals.

Which of the following statements about network economics is not true?

A firm can be said to have competitive advantage when it has access to resources that others do not.

A company's competitive advantages ultimately translate into higher stock market valuations than its competitors.

Which of the following technologies disrupted the traditional publishing industry?

Walmart's continuous replenishment system allows it to do all of the following except:

Information systems enhance core competencies by:

Select a popular product or company that you are familiar with,such as Apple's iPad.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

Which of the following is an example of a keystone firm within a business ecosystem?

High product differentiation is a sign of a transparent marketplace.

List three organizational factors that can prevent a firm in fully realizing the benefits of a new information system,and provide examples for each.

Amazon's use of the Internet as a platform to sell books more efficiently than traditional bookstores illustrates which of the following strategies?

The value chain model:

According to the network economics perspective,the more people offering products on eBay's site,the greater the value of the site to all who use it.

Which model is used to describe the interaction of external forces that affect an organization's strategy and ability to compete?

In environmental scanning,a firm may use information systems to:

A(n)________ is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market.

How is Internet technology useful from a network economics perspective? Give examples.

The expenses incurred by a customer or company in lost time and resources when changing from one supplier or system to a competing supplier or system are known as:

Information Systems in Global Business Today

Global E-Business and Collaboration

Ethical and Social Issues in Information Systems

It Infrastructure and Emerging Technologies

Foundations of Business Intelligence:

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy:

E-Commerce: Digital Markets, digital Goods

Managing Knowledge and Artificial Intelligence

Enhancing Decision Making

Building Information Systems

Managing Projects

Managing Global Systems

Filters