Question 1

In comparing Wal- mart to Macy's, Wal- mart has chosen which competitive strategy?

Accepted Answer

A)  low- cost 
B)  best- of- breed 
C)  differentiation 
D)  business process redesign 
A)  low- cost 
B)  best- of- breed 
C)  differentiation 
D)  business process redesign

Question 2

Organizations must design _____________ that span value- generating activities.

Accepted Answer

A)  margins 
B)  computer systems 
C)  business processes 
D)  strategies 
A)  margins 
B)  computer systems 
C)  business processes 
D)  strategies

Question 3

When they first started, EBay gained a competitive advantage by:

Accepted Answer

A)  establishing alliances. 
B)  product differentiation. 
C)  creating barriers to entry. 
D)  creating new products or services. 
E)  reducing costs. 
A)  establishing alliances. 
B)  product differentiation. 
C)  creating barriers to entry. 
D)  creating new products or services. 
E)  reducing costs.

Question 4

____________is not a principle describing how a product or service can be used to gain competitive advantage.

Accepted Answer

A)  Differentiation of a product or service 
B)  Innovation of a new product or service 
C)  Enhancement of a product or service 
D)  Speed of a product or service 
A)  Differentiation of a product or service 
B)  Innovation of a new product or service 
C)  Enhancement of a product or service 
D)  Speed of a product or service

Question 5

Business processes generate value by turning inputs into output resources.

Accepted Answer

A) True 
 B)False

Question 6

Porter defines technology to include research and development.

Accepted Answer

A) True 
 B)False

Question 7

A company that develops and uses an information system that is expensive to duplicate can gain a competitive advantage by:

Accepted Answer

A)  product enhancement. 
B)  creating barriers to entry. 
C)  creating new products or services. 
D)  establishing alliances. 
E)  reducing costs. 
A)  product enhancement. 
B)  creating barriers to entry. 
C)  creating new products or services. 
D)  establishing alliances. 
E)  reducing costs.

Question 8

Switching costs are those associated with the network switches installed by a company.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is not included in support activities for a value chain?

Accepted Answer

A)  training 
B)  accounting 
C)  Service 
D)  compensation 
E)  research and development 
A)  training 
B)  accounting 
C)  Service 
D)  compensation 
E)  research and development

Question 10

An example of a strong threat of substitution would be used automobile dealers.

Accepted Answer

A) True 
 B)False

Question 11

Porter's____________ is a model used to determine industry profitability.

Accepted Answer

The answer of Porter's____________ is a model used to determine...

Question 12

Linkages are interactions across value activities.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following activities is not considered part of the primary activities in the value chain?

Accepted Answer

A)  distribution 
B)  receiving product 
C)  manufacturing 
D)  service 
E)  negotiating prices 
A)  distribution 
B)  receiving product 
C)  manufacturing 
D)  service 
E)  negotiating prices

Question 14

Ford gains a competitive advantage by ____________their vehicles from other trucks by advertising how tough they are.

Accepted Answer

The answer of Ford gains a competitive advantage by ____________their...

Question 15

What the primary activities in Porter's value chain model? Give an example of an IS application that supports each of these activities.

Accepted Answer

The generic value chain has five primary

Question 16

Describe Porter's Five Forces Model for Competition. How can IS be used in this model?

Accepted Answer

Porter's model is based on the insight t

Question 17

What is the "digital divide"?

Accepted Answer

The digital divide, is the gap between t

Question 18

Supporting functions add value at no cost.

Accepted Answer

A) True 
 B)False

Question 19

When a stock trading firm opens a new site for online stock transactions they might gain competitive advantage by:

Accepted Answer

A)  establishing alliances. 
B)  product enhancement. 
C)  creating barriers to entry. 
D)  creating new products or services. 
E)  reducing costs. 
A)  establishing alliances. 
B)  product enhancement. 
C)  creating barriers to entry. 
D)  creating new products or services. 
E)  reducing costs.

Question 20

What is meant by the term, "value chain"? How does it apply to information systems?

Accepted Answer

The value chain is a series of activitie

In comparing Wal- mart to Macy's, Wal- mart has chosen which competitive strategy?

Organizations must design _____________ that span value- generating activities.

When they first started, EBay gained a competitive advantage by:

____________is not a principle describing how a product or service can be used to gain competitive advantage.

Business processes generate value by turning inputs into output resources.

Porter defines technology to include research and development.

A company that develops and uses an information system that is expensive to duplicate can gain a competitive advantage by:

Switching costs are those associated with the network switches installed by a company.

Which of the following is not included in support activities for a value chain?

An example of a strong threat of substitution would be used automobile dealers.

Porter's____________ is a model used to determine industry profitability.

Linkages are interactions across value activities.

Which of the following activities is not considered part of the primary activities in the value chain?

Ford gains a competitive advantage by ____________their vehicles from other trucks by advertising how tough they are.

What the primary activities in Porter's value chain model? Give an example of an IS application that supports each of these activities.

Describe Porter's Five Forces Model for Competition. How can IS be used in this model?

What is the "digital divide"?

Supporting functions add value at no cost.

When a stock trading firm opens a new site for online stock transactions they might gain competitive advantage by:

What is meant by the term, "value chain"? How does it apply to information systems?

Mis and You

Information Systems for Collaboration

Hardware and Software

Database Processing

Data Communications

Information Systems Within the Organization

E-Commerce and Supply Chain Systems

Business Intelligence Systems

Systems Development

Information Systems Management

Information Security Management

How the Internet Works

Filters

Exam 3: Is for Competitive Advantage

In comparing Wal- mart to Macy's, Wal- mart has chosen which competitive strategy?

Organizations must design _____________ that span value- generating activities.

When they first started, EBay gained a competitive advantage by:

____________is not a principle describing how a product or service can be used to gain competitive advantage.

Business processes generate value by turning inputs into output resources.

Porter defines technology to include research and development.

A company that develops and uses an information system that is expensive to duplicate can gain a competitive advantage by:

Switching costs are those associated with the network switches installed by a company.

Which of the following is not included in support activities for a value chain?

An example of a strong threat of substitution would be used automobile dealers.

Porter's____________ is a model used to determine industry profitability.

Linkages are interactions across value activities.

Which of the following activities is not considered part of the primary activities in the value chain?

Ford gains a competitive advantage by ____________their vehicles from other trucks by advertising how tough they are.

What the primary activities in Porter's value chain model? Give an example of an IS application that supports each of these activities.

Describe Porter's Five Forces Model for Competition. How can IS be used in this model?

What is the "digital divide"?

Supporting functions add value at no cost.

When a stock trading firm opens a new site for online stock transactions they might gain competitive advantage by:

What is meant by the term, "value chain"? How does it apply to information systems?

Mis and You

Information Systems for Collaboration

Hardware and Software

Database Processing

Data Communications

Information Systems Within the Organization

E-Commerce and Supply Chain Systems

Business Intelligence Systems

Systems Development

Information Systems Management

Information Security Management

How the Internet Works

Filters