Question 1

Research has shown that the more successfully a firm can align its IT with its business goals,the more profitable it will be.What practical steps should a firm use in aligning IT with its goals?

Accepted Answer

The answer of Research has shown that the more successfully...

Question 2

Which of the following is an example of a divisionalized bureaucracy?

Accepted Answer

A) Startup firm 
B) University 
C) Fortune 500 firm 
D) Midsize manufacturer 
E) Consulting firm

Question 3

Which of the following statements about disruptive technologies is not true?

Accepted Answer

A) Disruptive technologies radically change the business landscape and environment. 
B) Disruptive technologies may be substitute products that perform better than other products currently being produced. 
C) Disruptive technologies may sometimes simply extend the marketplace. 
D) Disruptive technologies may put entire industries out of business. 
E) Firms that invent disruptive technologies as first movers always become market leaders.

Question 4

Which of the following is not a true statement about value webs?

Accepted Answer

A) Value webs involve a collection of independent firms that use information technology to coordinate their value chains. 
B) Value webs are more customer-driven than traditional value chains. 
C) Value webs operate in a less linear fashion than traditional value chains. 
D) Value webs are inflexible and cannot adapt quickly to changes in supply and demand. 
E) Value webs involve highly synchronized industry value chains.

Question 5

The idea that the more any given resource is applied to production,the lower the marginal gain in output,until a point is reached where the additional inputs produce no additional output,is referred to as:

Accepted Answer

A) the point of no return. 
B) the law of diminishing returns. 
C) supply and demand. 
D) network inelasticity. 
E) virtual economics.

Question 6

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.

Question 7

Which of the following would a company employ to measure and compare its business processes to similar processes of other companies within their industry?

Accepted Answer

A) Benchmarking 
B) Best practices 
C) Value chain analysis 
D) Strategic systems analysis 
E) Secondary activities

Question 8

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

Accepted Answer

A) mass marketing. 
B) micromarketing. 
C) micro customization. 
D) niche customization. 
E) mass customization.

Question 9

You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from implementing new information systems.What will you advise as the first step?

Accepted Answer

A) Identify the business ecosystem the distributor is in 
B) Implement a strategic transition to the new system 
C) Perform a strategic systems analysis 
D) Benchmark existing systems 
E) Set up a strategic transition

Question 10

A firm can exercise greater control over its suppliers by having:

Accepted Answer

A) more suppliers. 
B) fewer suppliers. 
C) global suppliers. 
D) local suppliers. 
E) only a single supplier.

Question 11

Which of the following is not a major feature of organizations that impacts the use of information systems?

Accepted Answer

A) Business processes 
B) Environments 
C) Goals 
D) Agency costs 
E) Leadership styles

Question 12

What is agency theory? How does information technology enable a firm to reduce agency costs?

Accepted Answer

The answer of What is agency theory? How does information...

Question 13

Under Mintzberg's classification of organizational structure,knowledge-based organizations fall under the category of:

Accepted Answer

A) entrepreneurial structures. 
B) divisionalized bureaucracies. 
C) professional bureaucracies. 
D) adhocracies. 
E) machine bureaucracies.

Question 14

A virtual company:

Accepted Answer

A) uses networks to link people,assets,and ideas. 
B) uses Internet technology to maintain a virtual storefront. 
C) uses Internet technology to maintain a networked community of users. 
D) provides entirely Internet-driven services or virtual products. 
E) is limited by traditional organizational boundaries.

Question 15

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

Accepted Answer

A) Apple in 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 16

Information systems are used to enable new products and services via product differentiation.

Accepted Answer

A) True 
 B)False

Question 17

Mass customization offers individually tailored products or services using the same resources as mass production.

Accepted Answer

A) True 
 B)False

Question 18

The effect of the Internet has been to decrease the bargaining power of customers.

Accepted Answer

A) True 
 B)False

Question 19

Along with capital,________ is the primary production input that the organization uses to create products and services.

Accepted Answer

A) structure 
B) culture 
C) politics 
D) feedback 
E) labor

Question 20

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

Accepted Answer

A) True 
 B)False

Exam 3: Information Systems,organizations,and Strategy

Research has shown that the more successfully a firm can align its IT with its business goals,the more profitable it will be.What practical steps should a firm use in aligning IT with its goals?

Which of the following is an example of a divisionalized bureaucracy?

Which of the following statements about disruptive technologies is not true?

Which of the following is not a true statement about value webs?

The idea that the more any given resource is applied to production,the lower the marginal gain in output,until a point is reached where the additional inputs produce no additional output,is referred to as:

The value chain model:

Which of the following would a company employ to measure and compare its business processes to similar processes of other companies within their industry?

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

You are consulting for a natural food products distributor who is interested in determining the benefits it could achieve from implementing new information systems.What will you advise as the first step?

A firm can exercise greater control over its suppliers by having:

Which of the following is not a major feature of organizations that impacts the use of information systems?

What is agency theory? How does information technology enable a firm to reduce agency costs?

Under Mintzberg's classification of organizational structure,knowledge-based organizations fall under the category of:

A virtual company:

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

Information systems are used to enable new products and services via product differentiation.

Mass customization offers individually tailored products or services using the same resources as mass production.

The effect of the Internet has been to decrease the bargaining power of customers.

Along with capital,________ is the primary production input that the organization uses to create products and services.

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