Exam 2: Strategic Uses of Information Systems

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We often use the terms "____" and "strategic advantage" interchangeably.

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In the service sector,the Web has created an opportunity to automate what until recently was considered an activity that only humans could perform: ____.

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A ____ is a body of clients that is large enough to attract many other clients.

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Practically any Web-based system that gives a company competitive advantage is a strategic information system.

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Ford created a joint venture with General Motors Corp.and DaimlerChrysler to establish ____________________,a Web site that serves as an electronic market for parts suppliers who can bid online on requests for proposals posted by the automakers.

(Short Answer)
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____________________ gives away its Acrobat Reader software,an application that lets Web surfers open and manipulate documents created using different computers running different operating systems.

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When failure occurs because an organization tries to be on the technological leading edge,observers call it the ____________________.

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JetBlue saves office space,rent,and electricity by using reservation agents who work from home,which is known as ____________________.

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In today's highly competitive market,____________________ might determine an organization's rise or fall.

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____________________ are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.

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Some companies have developed information systems,or features of information systems,that are unique,such as ____'s "one-click" online purchasing.

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A company achieves ____________________ by using strategy to maximize its strengths,resulting in a competitive advantage.

(Short Answer)
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One way to lock in buyers in a free market is to create a situation in which customers fear high switching costs.

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Why is JetBlue considered to have gained a late mover advantage?

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The larger the number of companies competing within an industry,the better off each company is.

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In the 1970s,____________________ was a small software company headed by its young president,who established the company at age 19.

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