Exam 3: Strategy and Information Systems

Which of the following value chain activities involves assisting users with handling of the products after sale, thus maintaining and enhancing the products' value?

(Multiple Choice)

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Question 41

Focused differentiation occurs when ________.

(Multiple Choice)

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Question 42

Focused cost leadership is observed when a product has the lowest cost ________.

(Multiple Choice)

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Question 43

Focused differentiation refers to providing a better product or service within an industry segment.

(True/False)

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Question 44

Lynn, the manager of a transportation company, is going through this week's delivery schedule.She calls her team and assigns territories for each executive.She contacts the fleet supervisor to arrange trucks for transportation.Which activity of the value chain is Lynn executing?

(Multiple Choice)

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Question 45

Porter's five forces model is used to assess ________.

(Multiple Choice)

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Question 46

According to Porter's five forces model, the intensity of each of the forces determines the characteristics of the industry, how profitable it is, and how sustainable that profitability will be.

(True/False)

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Question 47

Each activity in a business process is a business function that receives inputs and produces outputs.

(True/False)

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Question 48

A(n)________ is a network of activities that generate value by transforming inputs into outputs.

(Multiple Choice)

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Question 49

Identify the activity in the value chain that involves receiving and handling of raw materials and other inputs to the product.

(Multiple Choice)

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Question 50

Most of the value in a service company is generated by inbound logistics.

(True/False)

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Question 51

The competitive strategy of locking in customers is called establishing high switching costs.

(True/False)

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Question 52

Streamlining of business processes to increase margin is key to obtaining competitive advantage.

(True/False)

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Question 53

Inbound logistics is a supporting activity in the value chain of a manufacturing firm.

(True/False)

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Question 54

In the context of Porter's five forces model, the bargaining power of suppliers is a weak force when considering the example of students purchasing gasoline.

(True/False)

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Question 55

Summarize how organizations determine the scope and requirements of their information systems.

(Essay)

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Question 56

Describe the process by which organizations develop their information systems.

(Essay)

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Question 57

Establishing alliances with other organizations increases the cost of operations, though they do provide competitive advantages.

(True/False)

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Question 58

An organization's goals and objectives are determined by its competitive strategy.

(True/False)

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Question 59

In a manufacturing business, the materials ordering process transforms cash into a raw materials inventory.

(True/False)

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Question 60

Showing 41 - 60 of 119

Which of the following value chain activities involves assisting users with handling of the products after sale, thus maintaining and enhancing the products' value?

Focused differentiation occurs when ________.

Focused cost leadership is observed when a product has the lowest cost ________.

Focused differentiation refers to providing a better product or service within an industry segment.

Lynn, the manager of a transportation company, is going through this week's delivery schedule.She calls her team and assigns territories for each executive.She contacts the fleet supervisor to arrange trucks for transportation.Which activity of the value chain is Lynn executing?

Porter's five forces model is used to assess ________.

According to Porter's five forces model, the intensity of each of the forces determines the characteristics of the industry, how profitable it is, and how sustainable that profitability will be.

Each activity in a business process is a business function that receives inputs and produces outputs.

A(n)________ is a network of activities that generate value by transforming inputs into outputs.

Identify the activity in the value chain that involves receiving and handling of raw materials and other inputs to the product.

Most of the value in a service company is generated by inbound logistics.

The competitive strategy of locking in customers is called establishing high switching costs.

Streamlining of business processes to increase margin is key to obtaining competitive advantage.

Inbound logistics is a supporting activity in the value chain of a manufacturing firm.

In the context of Porter's five forces model, the bargaining power of suppliers is a weak force when considering the example of students purchasing gasoline.

Summarize how organizations determine the scope and requirements of their information systems.

Describe the process by which organizations develop their information systems.

Establishing alliances with other organizations increases the cost of operations, though they do provide competitive advantages.

An organization's goals and objectives are determined by its competitive strategy.

In a manufacturing business, the materials ordering process transforms cash into a raw materials inventory.

The Importance of MIS

Collaboration Information Systems

Hardware and Software

Database Processing

Data Communication and the Cloud

Processes, Organizations, and Information Systems

Social Media Information Systems

Business Intelligence Systems

Development Processes

Information Systems Management

Information Security Management

The International Dimension

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