Question 1

The ability to offer individually tailored products or services using the same production resources as bulk production is known as

Accepted Answer

A) customized response. 
B) size customization. 
C) magnitude customization. 
D) dimension customization. 
E) mass customization. 
A) customized response. 
B) size customization. 
C) magnitude customization. 
D) dimension customization. 
E) mass customization.

Question 2

The four major competitive strategies are

Accepted Answer

A) low-cost leadership,substitute products and services,customers; and suppliers. 
B) low-cost leadership,product differentiation,focus on market niche,and customer and supplier intimacy. 
C) new market entrants,substitute products and services,customers,and suppliers. 
D) low-cost leadership,new market entrants,product differentiation,and focus on market niche. 
E) customers,suppliers,new market entrants,and substitute products. 
A) low-cost leadership,substitute products and services,customers; and suppliers. 
B) low-cost leadership,product differentiation,focus on market niche,and customer and supplier intimacy. 
C) new market entrants,substitute products and services,customers,and suppliers. 
D) low-cost leadership,new market entrants,product differentiation,and focus on market niche. 
E) customers,suppliers,new market entrants,and substitute products.

Question 3

'Synergies' occur when the output of some units in a firm can be used as inputs to other units,lowering cost and generating profits.

Accepted Answer

A) True 
 B)False

Question 4

How are the technical and behavioral definitions of an organization different?

Accepted Answer

The behavioral definition of an organiza

Question 5

A(n)________ is an activity at which a firm excels as a world-class leader.

Accepted Answer

A) expertise area 
B) competitive advantage 
C) growth driver 
D) efficiency 
E) core competency 
A) expertise area 
B) competitive advantage 
C) growth driver 
D) efficiency 
E) core competency

Question 6

Which of the following represent the primary activities of a firm?

Accepted Answer

A) inbound logistics,operations,outbound logistics,sales and marketing,and service 
B) inbound logistics,operations,outbound logistics,technology,and service 
C) procurement,inbound logistics,operations,technology,and outbound logistics 
D) procurement,operations,technology,sales and marketing,and services 
E) organization infrastructure,human resources,technology,and procurement 
A) inbound logistics,operations,outbound logistics,sales and marketing,and service 
B) inbound logistics,operations,outbound logistics,technology,and service 
C) procurement,inbound logistics,operations,technology,and outbound logistics 
D) procurement,operations,technology,sales and marketing,and services 
E) organization infrastructure,human resources,technology,and procurement

Question 7

Switching costs increase when customers are strongly linked to products and platforms.

Accepted Answer

A) True 
 B)False

Question 8

How do information systems enhance core competencies?

Accepted Answer

A) by providing better reporting facilities 
B) by creating educational opportunities for management 
C) by allowing operational employees to interact with management 
D) by encouraging the sharing of knowledge across business units 
E) by fostering synergies among departments 
A) by providing better reporting facilities 
B) by creating educational opportunities for management 
C) by allowing operational employees to interact with management 
D) by encouraging the sharing of knowledge across business units 
E) by fostering synergies among departments

Question 9

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 10

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

Accepted Answer

A) True 
 B)False

Question 11

When a firm buys on the marketplace what it cannot make itself,the costs incurred are referred to as

Accepted Answer

A) switching costs. 
B) network costs. 
C) procurement. 
D) agency costs. 
E) transaction costs. 
A) switching costs. 
B) network costs. 
C) procurement. 
D) agency costs. 
E) transaction costs.

Question 12

How is the concept of core competency relevant to Smalltown Computer,a local computer repair store that builds custom computers? Give examples.

Accepted Answer

A core competency is an activity for whi

Question 13

The interaction between information systems and organizations is influenced

Accepted Answer

A) primarily by the decision making of middle and senior managers. 
B) by the development of new information technologies. 
C) by many factors,including structure,politics,culture,and environment. 
D) by two main microeconomic forces: capital and labor. 
E) by management decisions. 
A) primarily by the decision making of middle and senior managers. 
B) by the development of new information technologies. 
C) by many factors,including structure,politics,culture,and environment. 
D) by two main microeconomic forces: capital and labor. 
E) by management decisions.

Question 14

Routines are also called standard operating procedures.

Accepted Answer

A) True 
 B)False

Question 15

You are advising the owner of Smalltown Computer,a new,local computer repair store that also builds custom computers to order.What competitive strategies could Smalltown Computer exert? Which ones will it have difficulty exercising?

Accepted Answer

Low-cost leadership: Smalltown Computer

Question 16

An organization is seen as a means by which primary production factors are transformed into outputs consumed by the environment according to the ________ definition of organizations.

Accepted Answer

A) microeconomic 
B) macroeconomic 
C) sociotechnical 
D) behavioral 
E) psychological 
A) microeconomic 
B) macroeconomic 
C) sociotechnical 
D) behavioral 
E) psychological

Question 17

The term business ecosystem describes the loosely coupled but interdependent networks of suppliers,distributors,outsourcing firms,transportation service firms,and technology manufacturers.

Accepted Answer

A) True 
 B)False

Question 18

Define and describe a business ecosystem.Give an example of a business ecosystem.

Accepted Answer

A business ecosystem is a collection of

Question 19

Customers are one of the competitive forces that affect an organization's ability to compete.

Accepted Answer

A) True 
 B)False

Question 20

What are the major factors to consider when performing a strategic systems analysis?

Accepted Answer

One major factor is the structure of the

The ability to offer individually tailored products or services using the same production resources as bulk production is known as

The four major competitive strategies are

'Synergies' occur when the output of some units in a firm can be used as inputs to other units,lowering cost and generating profits.

How are the technical and behavioral definitions of an organization different?

A(n)________ is an activity at which a firm excels as a world-class leader.

Which of the following represent the primary activities of a firm?

Switching costs increase when customers are strongly linked to products and platforms.

How do information systems enhance core competencies?

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

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

When a firm buys on the marketplace what it cannot make itself,the costs incurred are referred to as

How is the concept of core competency relevant to Smalltown Computer,a local computer repair store that builds custom computers? Give examples.

The interaction between information systems and organizations is influenced

Routines are also called standard operating procedures.

You are advising the owner of Smalltown Computer,a new,local computer repair store that also builds custom computers to order.What competitive strategies could Smalltown Computer exert? Which ones will it have difficulty exercising?

An organization is seen as a means by which primary production factors are transformed into outputs consumed by the environment according to the ________ definition of organizations.

The term business ecosystem describes the loosely coupled but interdependent networks of suppliers,distributors,outsourcing firms,transportation service firms,and technology manufacturers.

Define and describe a business ecosystem.Give an example of a business ecosystem.

Customers are one of the competitive forces that affect an organization's ability to compete.

What are the major factors to consider when performing a strategic systems analysis?

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: Databases and Information Management

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

E-Commerce: Digital Markets, Digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Projects

Managing Global Systems

Filters

Exam 3: Information Systems, Organizations, and Strategy

The ability to offer individually tailored products or services using the same production resources as bulk production is known as

The four major competitive strategies are

'Synergies' occur when the output of some units in a firm can be used as inputs to other units,lowering cost and generating profits.

How are the technical and behavioral definitions of an organization different?

A(n)________ is an activity at which a firm excels as a world-class leader.

Which of the following represent the primary activities of a firm?

Switching costs increase when customers are strongly linked to products and platforms.

How do information systems enhance core competencies?

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

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

When a firm buys on the marketplace what it cannot make itself,the costs incurred are referred to as

How is the concept of core competency relevant to Smalltown Computer,a local computer repair store that builds custom computers? Give examples.

The interaction between information systems and organizations is influenced

Routines are also called standard operating procedures.

You are advising the owner of Smalltown Computer,a new,local computer repair store that also builds custom computers to order.What competitive strategies could Smalltown Computer exert? Which ones will it have difficulty exercising?

An organization is seen as a means by which primary production factors are transformed into outputs consumed by the environment according to the ________ definition of organizations.

The term business ecosystem describes the loosely coupled but interdependent networks of suppliers,distributors,outsourcing firms,transportation service firms,and technology manufacturers.

Define and describe a business ecosystem.Give an example of a business ecosystem.

Customers are one of the competitive forces that affect an organization's ability to compete.

What are the major factors to consider when performing a strategic systems analysis?

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: Databases and Information Management

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

E-Commerce: Digital Markets, Digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Projects

Managing Global Systems

Filters