Question 1

This risks of using information resources include all of the following EXCEPT:

Accepted Answer

A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Implementing IS poorly 
D)  Missing cooperative opportunities 
E)  Failing to deliver what users want 
A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Implementing IS poorly 
D)  Missing cooperative opportunities 
E)  Failing to deliver what users want

Question 2

Which is not a prescribed area of focus for gaining competitive advantage?

Accepted Answer

A)  Strongholds 
B)  Cost/Quality 
C)  Deep Pockets 
D)  Timing/Know-how 
E)  Insider Information 
A)  Strongholds 
B)  Cost/Quality 
C)  Deep Pockets 
D)  Timing/Know-how 
E)  Insider Information

Question 3

An inter-organizational relationship that affords one or more companies in the relationship a strategic advantage is in:

Accepted Answer

A)  Co-opetition 
B)  Customer Relationship Management (CRM) 
C)  Supply Chain Management (SCM) 
D)  Information Resources 
E)  Strategic Alliance 
A)  Co-opetition 
B)  Customer Relationship Management (CRM) 
C)  Supply Chain Management (SCM) 
D)  Information Resources 
E)  Strategic Alliance

Question 4

For a company whose main product is information (like a financial services company), the company must co-create its ________ strategy and ________ strategy.

Accepted Answer

The answer of For a company whose main product is...

Question 5

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Accepted Answer

An example of two companies that have bu

Question 6

Explain why relationship skills are becoming more important to IS managers in today's economy.

Accepted Answer

Relationship skills are becoming more im

Question 7

Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations. The relationship between Zara and Silk City is best described as:

Accepted Answer

A)  Strategic alliance 
B)  Co-opetition 
C)  Collaboration 
D)  Dependence 
E)  Competition 
A)  Strategic alliance 
B)  Co-opetition 
C)  Collaboration 
D)  Dependence 
E)  Competition

Question 8

A link between a firm's IS strategy and organizational strategy focuses more on its external requirements than internal requirements.

Accepted Answer

A) True 
 B)False

Question 9

Identify each resource below as an IT asset or an IT capability.
 $$\begin{array} { | l | l | } 
\hline \text { IT asset } & \text { Information repository } \
\hline \text { IT asset } & \text { IT infrastructure } \
\hline \text { IT asset } & \text { Software } \
\hline \text { IT asset } & \text { Network } \
\hline \text { IT capability } & \text { Ability to desipn, develop and irmplement Is } \
\hline \text { IT capability } & \text { Project marnagernent } \
\hline \text { IT capability } & \text { Relationship skills } \
\hline
\end{array}$$

Accepted Answer

The table provided lists various resourc

Question 10

Partnering with a competitor is becoming more and more common in today's integrated, technology-based environment. This type of collaboration with a competitor is uniquely described as:

Accepted Answer

A)  Co-opetition 
B)  Integrated supply chain 
C)  Business process 
D)  Strategic alliance 
E)  Value proposition 
A)  Co-opetition 
B)  Integrated supply chain 
C)  Business process 
D)  Strategic alliance 
E)  Value proposition

Question 11

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer. This would be which type of risk?

Accepted Answer

A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Mobile-based alternative removes advantages 
D)  Running afoul of the law 
E)  Implementing IS poorly 
A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Mobile-based alternative removes advantages 
D)  Running afoul of the law 
E)  Implementing IS poorly

Question 12

List one externally managed IT resource a company may use and how it provides a strategic advantage.

Accepted Answer

One externally managed IT resource that

Question 13

Match the methodology used to align a firm's business strategy with its information strategy.
 $$\begin{array} { | l | l | } 
\hline \text { Porter's } 5 \text { Competitive Forces } & \begin{array} { l } 
\text { Information resources should be used to } \
\text { strategically alter the marketplace while } \
\text { benefiting the firm's position in the } \
\text { industry. }
\end{array} \
\hline \text { Porter's Value Chain Frarnework } & \begin{array} { l } 
\text { Information can lower cost of business } \
\text { and strategically adds value to the firm's } \
\text { intemal operations. }
\end{array} \
\hline \text { Resource-Based View } & \begin{array} { l } 
\text { Leverage IT resources that are identified } \
\text { to create and sustain a strategic advartage } \
\text { for the firm. }
\end{array} \
\hline
\end{array}$$

Accepted Answer

The methodologies used to align a firm's

Question 14

A firm that acquires a supplier is looking to reduce the "bargaining power of suppliers" force.

Accepted Answer

A) True 
 B)False

Question 15

List a Web 2.0 technology and how it benefits from the network effect.

Accepted Answer

A Web 2.0 technology that benefits from

Question 16

Which one of the following is not considered to be a primary activity of the value chain of a firm?

Accepted Answer

A)  Inbound Logistics 
B)  Service 
C)  Sales & Marketing 
D)  Technology 
E)  Operations 
A)  Inbound Logistics 
B)  Service 
C)  Sales & Marketing 
D)  Technology 
E)  Operations

Question 17

Match the technology with the era it dominated.
 $$\begin{array} { | l | l | } 
\hline \text { Era I 1960s } & \text { Centralized mainfrarne } \
\hline \text { Era II 1970s } & \text { Centralized minicomputers } \
\hline \text { Era III 1980s } & \begin{array} { l } 
\text { Decentralized minicomputers and personal } \
\text { computers }
\end{array} \
\hline \text { Era IV 1990s } & \text { Client server } \
\hline \text { Era V 2000s } & \text { The Internet } \
\hline \text { Era VI 2010+ } & \text { Social networks, mobility and cloud computing } \
\hline
\end{array}$$

Accepted Answer

The technology that dominated each era c

Question 18

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Accepted Answer

A)  Threat of substitute products 
B)  Bargaining power of suppliers 
C)  Bargaining power of customers 
D)  New entrants 
E)  Switching costs 
A)  Threat of substitute products 
B)  Bargaining power of suppliers 
C)  Bargaining power of customers 
D)  New entrants 
E)  Switching costs

Question 19

Unlike most assets, information resources do not lose value over time.

Accepted Answer

A) True 
 B)False

Question 20

The IT asset known as__________________ is business data that has been captured, organized, and made available to an organization.

Accepted Answer

informatio

This risks of using information resources include all of the following EXCEPT:

Which is not a prescribed area of focus for gaining competitive advantage?

An inter-organizational relationship that affords one or more companies in the relationship a strategic advantage is in:

For a company whose main product is information (like a financial services company), the company must co-create its strategy and strategy.

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Explain why relationship skills are becoming more important to IS managers in today's economy.

Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations. The relationship between Zara and Silk City is best described as:

A link between a firm's IS strategy and organizational strategy focuses more on its external requirements than internal requirements.

Identify each resource below as an IT asset or an IT capability. IT asset Information repository IT asset IT infrastructure IT asset Software IT asset Network IT capability Ability to desipn, develop and irmplement Is IT capability Project marnagernent IT capability Relationship skills

Partnering with a competitor is becoming more and more common in today's integrated, technology-based environment. This type of collaboration with a competitor is uniquely described as:

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer. This would be which type of risk?

List one externally managed IT resource a company may use and how it provides a strategic advantage.

A firm that acquires a supplier is looking to reduce the "bargaining power of suppliers" force.

List a Web 2.0 technology and how it benefits from the network effect.

Which one of the following is not considered to be a primary activity of the value chain of a firm?

Match the technology with the era it dominated. Era I 1960s Centralized mainfrarne Era II 1970s Centralized minicomputers Era III 1980s Decentralized minicomputers and personal computers Era IV 1990s Client server Era V 2000s The Internet Era VI 2010+ Social networks, mobility and cloud computing

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Unlike most assets, information resources do not lose value over time.

The IT asset known as__________________ is business data that has been captured, organized, and made available to an organization.

Introduction

The Information Systems Strategy Triangle

Organizational Strategy and Information Systems

Digital Systems and the Design of Work

Information Systems and Digital Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Managing It Projects

Business Intelligence, Knowledge Management, and Analytics

Privacy and Ethical Considerations in Information Management

Filters

Exam 3: Strategic Use of Information Resources

This risks of using information resources include all of the following EXCEPT:

Which is not a prescribed area of focus for gaining competitive advantage?

An inter-organizational relationship that affords one or more companies in the relationship a strategic advantage is in:

For a company whose main product is information (like a financial services company), the company must co-create its ________ strategy and ________ strategy.

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Explain why relationship skills are becoming more important to IS managers in today's economy.

Suppose Zara has a linked supply chain with Silk City, a fabric supplier. Zara and Silk City use IT to seamlessly exchange data, communicating requirements as well as delivery expectations. The relationship between Zara and Silk City is best described as:

A link between a firm's IS strategy and organizational strategy focuses more on its external requirements than internal requirements.

Identify each resource below as an IT asset or an IT capability. IT asset Information repository IT asset IT infrastructure IT asset Software IT asset Network IT capability Ability to desipn, develop and irmplement Is IT capability Project marnagernent IT capability Relationship skills

Partnering with a competitor is becoming more and more common in today's integrated, technology-based environment. This type of collaboration with a competitor is uniquely described as:

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer. This would be which type of risk?

List one externally managed IT resource a company may use and how it provides a strategic advantage.

A firm that acquires a supplier is looking to reduce the "bargaining power of suppliers" force.

List a Web 2.0 technology and how it benefits from the network effect.

Which one of the following is not considered to be a primary activity of the value chain of a firm?

Match the technology with the era it dominated. Era I 1960s Centralized mainfrarne Era II 1970s Centralized minicomputers Era III 1980s Decentralized minicomputers and personal computers Era IV 1990s Client server Era V 2000s The Internet Era VI 2010+ Social networks, mobility and cloud computing

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Unlike most assets, information resources do not lose value over time.

The IT asset known as__________________ is business data that has been captured, organized, and made available to an organization.

Introduction

The Information Systems Strategy Triangle

Organizational Strategy and Information Systems

Digital Systems and the Design of Work

Information Systems and Digital Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Managing It Projects

Business Intelligence, Knowledge Management, and Analytics

Privacy and Ethical Considerations in Information Management

Filters

For a company whose main product is information (like a financial services company), the company must co-create its strategy and strategy.