Exam 2: Information Systems for Competitive Advantage

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The firm's information resources consist of the following except for:

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A global information system is an information system that consists of networks that do not cross national boundaries.

(True/False)
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A multinational corporation is a firm that operates across products, markets, nations, and cultures.

(True/False)
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Which of the following is/are a support activity?

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A ___________ is one that has a fundamental effect in shaping the firm's operations.

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Information has relevancy when it pertains to the problem at hand.

(True/False)
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The information resources necessary to meet the objectives are one topic that should be included in each SPIR.

(True/False)
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Operational advantage is one that deals with everyday transactions and processes.

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Coordinating information processing in the MNC causes the overall costs of operation to increase.

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Which environmental element invests money in the firm?

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Cookies are small files of information on the firm's computers that store customer information.

(True/False)
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Explain Porter's strategy for firms attempting to gain a competitive advantage.

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Which of the following is/are not a primary value activity?

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Browsers often have__________ , small files of information on the user's computer, that can store account numbers, passwords, and other information pertinent to the user's transactions.

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Communication overload suggests that harm can come from too much information.

(True/False)
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The firm exists for the purpose of making a profit.

(True/False)
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The firm's business partners work together to create synergy.

(True/False)
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In a larger system, the environmental elements are referred to as society.

(True/False)
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According to Porter, a firm achieves competitive advantage by:

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When a firm's executives are fully committed to strategic planning, they do not need each business area to develop its own strategic plan.

(True/False)
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