Exam 1: Information Systems in Business

In the context of using information technologies for a competitive advantage, which statement is true of a bottom-line strategy?

_____ help a person connect with friends, family, and colleagues online and meet people with similar interests and hobbies.

In the context of Porter's Five Forces Model, an organization limits buyers' choices by:

Microsoft Access is an example of a(n)_____.

In the context of the data component of an information system, internal data sources include _____.

In the context of IT jobs, a _____ must have knowledge and understanding of data warehouse and data-mining tools.

Which system supports sales forecasting?

Knowledge workers need both computer literacy and information literacy to be competitive in the workplace.

A  ____  is designed to reduce the cost of transporting materials while maintaining safe and reliable delivery.

Discuss how information systems are useful for students.

In designing a management information system (MIS), the first task is to collect data and analyze it.

____  is one of the forces of the Five Forces Model created by Michael Porter.

Some organizations add services, such as personalized recommendations, to reduce the threat of customers choosing substitute products or services.

In the context of using information technologies for a competitive advantage, a top-line strategy focuses on:

Transaction-processing systems _____.

Which is essential for information to be useful?

A grocery retailer offering club cards that give customers big discounts is one example of an overall cost leadership strategy.

In the context of using information technologies for a competitive advantage, which statement is true of a top-line strategy?

Which decision is supported by a logistics information system (LIS)?

Business _____ provides historical, current, and predictive views of business operations and environments and gives organizations a competitive advantage in the marketplace.