Exam 3: Information Systems, organizations, and Strategy

________ are formal legal entities with internal rules and procedures that must abide by laws.

Information systems and organizations influence one another.

Large,bureaucratic organizations,which primarily developed before the computer age,are often inefficient,quick to change,and more competitive than newly created organizations.

Information technology can help firms ________ the cost of market participation making it worthwhile for firms to contract with external suppliers instead of using internal sources.

The effect of the Internet has been to raise bargaining power over suppliers.

Standard operating procedures are precise rules,procedures,and practices that have been developed to cope with virtually all expected situations.

The global consulting service Accenture is an example of information technology encouraging task force-networked organizations in which groups of professionals come together for short periods of time to accomplish a specific task.

Political resistance is one of the great difficulties of bringing about organizational change.

A collection of business processes make up the business firm.

Mass customization is a form of mass production.

All organizations are composed of individual routines and behaviours,a collection of which make up a ________.

Mintzberg's classification of organizational structure identifies five basic kinds of organizational structures.List them and give a generic example of each.

The ________ 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.

Postindustrial theories based more on history and sociology than economics also support the notion that IT should ________ hierarchies.

A global sales force can receive nearly instant price product information updates using the Web or instructions from management sent by e-mail.

Information technology cannot help firms lower the cost of market participation making it worthwhile for firms to contract with external suppliers instead of using internal sources.

Network-based strategies include the use of network economics,a virtual company model,and business ecosystems.

An adhocracy is a knowledge-based organization where goods and services depend on the expertise and knowledge of professionals.

As firms grow in size and complexity,traditionally they experience rising ________ costs.

Differentiate between the technical and behavioural definitions of an organization.