Question 1

IT investments can generate value by

Accepted Answer

A) creating more efficient and effective business processes that lead to lower prices. 
B) limiting the opportunities for creating competitive advantages. 
C) limiting the ways corporations can compete. 
D) decreasing productivity. 
E) creating larger and larger service based economies. 
A) creating more efficient and effective business processes that lead to lower prices. 
B) limiting the opportunities for creating competitive advantages. 
C) limiting the ways corporations can compete. 
D) decreasing productivity. 
E) creating larger and larger service based economies.

Question 2

Which of the following can create a barrier to entry?

Accepted Answer

A) Existence of dominant firms 
B) Government regulation 
C) Patents 
D) Size of investment required 
E) All of the above 
A) Existence of dominant firms 
B) Government regulation 
C) Patents 
D) Size of investment required 
E) All of the above

Question 3

In Porter's view of the value chain_________are important sources of efficiencies that are readily  supported by information systems.

Accepted Answer

A) competitive advantages 
B) strategies 
C) linkages 
D) connections 
E) associations 
A) competitive advantages 
B) strategies 
C) linkages 
D) connections 
E) associations

Question 4

Which of the following is a fundamental competitive strategy suggested by Porter?

Accepted Answer

A) Creating alliance partners 
B) Developing innovative products 
C) Providing the best customer service 
D) Differentiating its products to become a niche player 
E) Growing the diversity of the products and/or service offered 
A) Creating alliance partners 
B) Developing innovative products 
C) Providing the best customer service 
D) Differentiating its products to become a niche player 
E) Growing the diversity of the products and/or service offered

Question 5

How can competitive advantage through IT be sustained?

Accepted Answer

A) Competitive advantage through IT cannot be sustained. 
B) By using as much proprietary technologies as possible. 
C) By integrating all value creation processes into one system. 
D) By making all employees sign nondisclosure agreements. 
E) By suing any competitor whom your firm suspect is copying its systems. 
A) Competitive advantage through IT cannot be sustained. 
B) By using as much proprietary technologies as possible. 
C) By integrating all value creation processes into one system. 
D) By making all employees sign nondisclosure agreements. 
E) By suing any competitor whom your firm suspect is copying its systems.

Question 6

Among its suppliers,Wal -Mart is famous for not having much bargaining power.

Accepted Answer

A) True 
 B)False

Question 7

Competitive ___________ refers to a significant and sustainable benefit to a company over its competition.

Accepted Answer

A) strategy 
B) advantage 
C) disintermediation 
D) planning 
E) commerce 
A) strategy 
B) advantage 
C) disintermediation 
D) planning 
E) commerce

Question 8

__________activities are activities where value is added directly to the product.

Accepted Answer

The answer of __________activities are activities where value is added...

Question 9

Sustaining technologies are changes in technology that maintain the rate of improvement in customer value.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is an example of a supporting activity in a value chain?

Accepted Answer

A) A bottle of wine being shipped to a warehouse 
B) An accountant filing an income tax statement 
C) Product safety tests 
D) Assembling a product 
E) Product package design 
A) A bottle of wine being shipped to a warehouse 
B) An accountant filing an income tax statement 
C) Product safety tests 
D) Assembling a product 
E) Product package design

Question 11

According to Nicholas Carr the more __________ a technology the less competitive advantage it offers.

Accepted Answer

The answer of According to Nicholas Carr the more __________...

Question 12

In the context of Porter's five forces model,customer's bargaining power refers to

Accepted Answer

A) a customer's ability to drive product design. 
B) a customer's ability to use a substitute product. 
C) a customer's ability to negotiate better prices. 
D) a customer's ability to take his/her business elsewhere. 
E) all of the above. 
A) a customer's ability to drive product design. 
B) a customer's ability to use a substitute product. 
C) a customer's ability to negotiate better prices. 
D) a customer's ability to take his/her business elsewhere. 
E) all of the above.

Question 13

An organization responds to the structure of its industry by choosing a competitive strategy.

Accepted Answer

A) True 
 B)False

Question 14

When ATMs first came out,they provided a significant competitive advantage because they helped banks to differentiate themselves from others.Today,almost all banks provide access to these,so it is considered to be a standard service.How could you re -engineer a bank's ATM system in order to gain competitive advantage today?

Accepted Answer

An ATM is one example of an automated in

Question 15

The observed lack of productivity from IT investments is most likely the result of

Accepted Answer

A) continued drops in hardware prices. 
B) the introduction of new technologies. 
C) inflation. 
D) measurement errors. 
E) declining interest rates. 
A) continued drops in hardware prices. 
B) the introduction of new technologies. 
C) inflation. 
D) measurement errors. 
E) declining interest rates.

Question 16

Accounting functions like accounts receivables would be an example of a supporting activity in Porter's value chain model.

Accepted Answer

A) True 
 B)False

Question 17

A value chain (is)

Accepted Answer

A) describes the transactions that occur between the vendor and the consumer. 
B) a group of activities that improve the efficiency of a good or service. 
C) a group of activities that improve the effectiveness of a good or service. 
D) describes how a product moves through a distribution channel. 
E) describes total amount of money spent on making a product. 
A) describes the transactions that occur between the vendor and the consumer. 
B) a group of activities that improve the efficiency of a good or service. 
C) a group of activities that improve the effectiveness of a good or service. 
D) describes how a product moves through a distribution channel. 
E) describes total amount of money spent on making a product.

Question 18

What are sustaining technologies?

Accepted Answer

Sustaining technologies are ch

Question 19

Organizations can gain competitive advantage by reducing__________ .

Accepted Answer

The answer of Organizations can gain competitive advantage by reducing__________...

Question 20

Which of the following makes it difficult for a company to copy a rival's information systems?

Accepted Answer

A) It is difficult to duplicate business processes. 
B) It takes a long time for a company to master the art of integrating technology and people. 
C) The data is different in the two organizations. 
D) Talent is hard to recruit. 
E) Technology may not be available for sale. 
A) It is difficult to duplicate business processes. 
B) It takes a long time for a company to master the art of integrating technology and people. 
C) The data is different in the two organizations. 
D) Talent is hard to recruit. 
E) Technology may not be available for sale.

IT investments can generate value by

Which of the following can create a barrier to entry?

In Porter's view of the value chain_________are important sources of efficiencies that are readily supported by information systems.

Which of the following is a fundamental competitive strategy suggested by Porter?

How can competitive advantage through IT be sustained?

Among its suppliers,Wal -Mart is famous for not having much bargaining power.

Competitive ___________ refers to a significant and sustainable benefit to a company over its competition.

__________activities are activities where value is added directly to the product.

Sustaining technologies are changes in technology that maintain the rate of improvement in customer value.

Which of the following is an example of a supporting activity in a value chain?

According to Nicholas Carr the more __________ a technology the less competitive advantage it offers.

In the context of Porter's five forces model,customer's bargaining power refers to

An organization responds to the structure of its industry by choosing a competitive strategy.

The observed lack of productivity from IT investments is most likely the result of

Accounting functions like accounts receivables would be an example of a supporting activity in Porter's value chain model.

A value chain (is)

What are sustaining technologies?

Organizations can gain competitive advantage by reducing__________ .

Which of the following makes it difficult for a company to copy a rival's information systems?

Is in the Life of Business Professionals

Business Processes, Information, and Information Systems

Extensions S: Using Collaboration Information Systems

Hardware and Software

Database Processing

Extensions A: Introduction to Microsoft Excel

Extensions B: Introduction to Microsoft Excel

Data Communications

Business Process Management

E-Commerce and Web 2.0

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Extensions A: How the Internet Works

Information Systems Management

Information Security Management

Filters

Exam 3: Organizational Strategy, Information Systems, and Competitive Advantage

IT investments can generate value by

Which of the following can create a barrier to entry?

In Porter's view of the value chain_________are important sources of efficiencies that are readily supported by information systems.

Which of the following is a fundamental competitive strategy suggested by Porter?

How can competitive advantage through IT be sustained?

Among its suppliers,Wal -Mart is famous for not having much bargaining power.

Competitive ___________ refers to a significant and sustainable benefit to a company over its competition.

__________activities are activities where value is added directly to the product.

Sustaining technologies are changes in technology that maintain the rate of improvement in customer value.

Which of the following is an example of a supporting activity in a value chain?

According to Nicholas Carr the more __________ a technology the less competitive advantage it offers.

In the context of Porter's five forces model,customer's bargaining power refers to

An organization responds to the structure of its industry by choosing a competitive strategy.

The observed lack of productivity from IT investments is most likely the result of

Accounting functions like accounts receivables would be an example of a supporting activity in Porter's value chain model.

A value chain (is)

What are sustaining technologies?

Organizations can gain competitive advantage by reducing__________ .

Which of the following makes it difficult for a company to copy a rival's information systems?

Is in the Life of Business Professionals

Business Processes, Information, and Information Systems

Extensions S: Using Collaboration Information Systems

Hardware and Software

Database Processing

Extensions A: Introduction to Microsoft Excel

Extensions B: Introduction to Microsoft Excel

Data Communications

Business Process Management

E-Commerce and Web 2.0

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Extensions A: How the Internet Works

Information Systems Management

Information Security Management

Filters