Question 1

A competitive strategy of an organization determines its ________.

Accepted Answer

A)  industry rivals 
B)  short-term goals 
C)  value chains 
D)  structure 
A)  industry rivals 
B)  short-term goals 
C)  value chains 
D)  structure C

Question 2

In Porter's five factor model,each of the three competitive forces concerns the danger of ________.

Accepted Answer

A)  suppliers favoring rival companies 
B)  customers taking their business elsewhere 
C)  investors refusing to back new projects 
D)  employees not working toward organizational goals 
A)  suppliers favoring rival companies 
B)  customers taking their business elsewhere 
C)  investors refusing to back new projects 
D)  employees not working toward organizational goals B

Question 3

Briefly describe how organizational strategy determines the functions of information systems.

Accepted Answer

Organizations examine the structure of their industry and,from that,develop a competitive strategy.That strategy determines value chains,which,in turn,determine business processes.The nature of business processes determines the requirements and functions of information systems.

Question 4

Which of the following statements describes suppliers in a position of strong bargaining power?

Accepted Answer

A)  coffee planters during a season of frost that decreases production 
B)  companies negotiating supplier contracts after taxes on raw materials have been reduced 
C)  providers of logistic support when fuel prices have been reduced 
D)  wholesalers declaring end-of-season sales 
A)  coffee planters during a season of frost that decreases production 
B)  companies negotiating supplier contracts after taxes on raw materials have been reduced 
C)  providers of logistic support when fuel prices have been reduced 
D)  wholesalers declaring end-of-season sales

Question 5

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

Accepted Answer

A)  the control exercised by Acme Corp., who supplies Simpson's with lawn mowers 
B)  the power held by the landlord of the Simpson's office space 
C)  the threat posed by Roger's Landscapes, a new competitor 
D)  the bargaining power of the City Football Club who are Simpson's customers 
A)  the control exercised by Acme Corp., who supplies Simpson's with lawn mowers 
B)  the power held by the landlord of the Simpson's office space 
C)  the threat posed by Roger's Landscapes, a new competitor 
D)  the bargaining power of the City Football Club who are Simpson's customers

Question 6

Establishing alliances with other organizations promotes product awareness.

Accepted Answer

A) True 
 B)False

Question 7

The difference between the value that an activity generates and the cost of the activity is called the ________.

Accepted Answer

A)  equity 
B)  liability 
C)  overhead 
D)  margin 
A)  equity 
B)  liability 
C)  overhead 
D)  margin

Question 8

Describe some competitive advantage strategies that are based on business processes.

Accepted Answer

Some of the competitive strategies that

Question 9

Procurement falls under the category of primary activities in a value chain.

Accepted Answer

A) True 
 B)False

Question 10

Inbound and outbound logistics are the primary value generators in a service-oriented company.

Accepted Answer

A) True 
 B)False

Question 11

How can one develop competitive strategies using products? How can information systems help in the process?

Accepted Answer

Some competitive techniques are created

Question 12

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

Accepted Answer

A)  margin 
B)  profit 
C)  price 
D)  value 
A)  margin 
B)  profit 
C)  price 
D)  value

Question 13

An information system can be part of a product,but it cannot provide support for a product or service.

Accepted Answer

A) True 
 B)False

Question 14

Porter originally developed the five forces model to determine the ________.

Accepted Answer

A)  potential profitability of an industry 
B)  nature of competitive industrial environments 
C)  reason why certain industries collapse 
D)  means by which to improve resource utilization 
A)  potential profitability of an industry 
B)  nature of competitive industrial environments 
C)  reason why certain industries collapse 
D)  means by which to improve resource utilization

Question 15

Each stage of the value chain not only adds value to the product but also ________.

Accepted Answer

A)  improves supplier relationships 
B)  accumulates costs 
C)  devalues the final product 
D)  attracts competitors 
A)  improves supplier relationships 
B)  accumulates costs 
C)  devalues the final product 
D)  attracts competitors

Question 16

Porter's definition of technology is narrow because it only includes research and development.

Accepted Answer

A) True 
 B)False

Question 17

________ includes general management,finance,accounting,legal,and government affairs.

Accepted Answer

A)  Human resources 
B)  Research and development 
C)  Firm infrastructure 
D)  Operations management 
A)  Human resources 
B)  Research and development 
C)  Firm infrastructure 
D)  Operations management

Question 18

Raising barriers to market entry is a product implementation principle.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is an example of a competitive strategy employed by a firm?

Accepted Answer

A)  increasing the price of its product when raw material prices increase 
B)  laying off staff in order to cut down costs during a recession period 
C)  advertising its products nationwide like its competitor organizations 
D)  launching a unique product targeted at a section of consumers 
A)  increasing the price of its product when raw material prices increase 
B)  laying off staff in order to cut down costs during a recession period 
C)  advertising its products nationwide like its competitor organizations 
D)  launching a unique product targeted at a section of consumers

Question 20

Vendor knowledge and vendor relationships serve as a barrier to entry for new competitors.

Accepted Answer

A) True 
 B)False

A competitive strategy of an organization determines its ________.

In Porter's five factor model,each of the three competitive forces concerns the danger of ________.

Briefly describe how organizational strategy determines the functions of information systems.

Which of the following statements describes suppliers in a position of strong bargaining power?

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

Establishing alliances with other organizations promotes product awareness.

The difference between the value that an activity generates and the cost of the activity is called the ________.

Describe some competitive advantage strategies that are based on business processes.

Procurement falls under the category of primary activities in a value chain.

Inbound and outbound logistics are the primary value generators in a service-oriented company.

How can one develop competitive strategies using products? How can information systems help in the process?

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

An information system can be part of a product,but it cannot provide support for a product or service.

Porter originally developed the five forces model to determine the ________.

Each stage of the value chain not only adds value to the product but also ________.

Porter's definition of technology is narrow because it only includes research and development.

________ includes general management,finance,accounting,legal,and government affairs.

Raising barriers to market entry is a product implementation principle.

Which of the following is an example of a competitive strategy employed by a firm?

Vendor knowledge and vendor relationships serve as a barrier to entry for new competitors.

The Importance of MIS

Business Processes, information Systems, and Information

Hardware and Software

Database Processing

The Cloud

Organizations and Information Systems

Social Media Information Systems

Business Intelligence Systems

Information Systems Development

Information Systems Management

Information Security Management

Extension A1: Collaboration Information Systems for Decision Making,problem Solving,and Project Management

Extension A2: Collaborative Information Systems for Student Projects

Filters

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

A competitive strategy of an organization determines its ________.

In Porter's five factor model,each of the three competitive forces concerns the danger of ________.

Briefly describe how organizational strategy determines the functions of information systems.

Which of the following statements describes suppliers in a position of strong bargaining power?

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

Establishing alliances with other organizations promotes product awareness.

The difference between the value that an activity generates and the cost of the activity is called the ________.

Describe some competitive advantage strategies that are based on business processes.

Procurement falls under the category of primary activities in a value chain.

Inbound and outbound logistics are the primary value generators in a service-oriented company.

How can one develop competitive strategies using products? How can information systems help in the process?

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

An information system can be part of a product,but it cannot provide support for a product or service.

Porter originally developed the five forces model to determine the ________.

Each stage of the value chain not only adds value to the product but also ________.

Porter's definition of technology is narrow because it only includes research and development.

________ includes general management,finance,accounting,legal,and government affairs.

Raising barriers to market entry is a product implementation principle.

Which of the following is an example of a competitive strategy employed by a firm?

Vendor knowledge and vendor relationships serve as a barrier to entry for new competitors.

The Importance of MIS

Business Processes, information Systems, and Information

Hardware and Software

Database Processing

The Cloud

Organizations and Information Systems

Social Media Information Systems

Business Intelligence Systems

Information Systems Development

Information Systems Management

Information Security Management

Extension A1: Collaboration Information Systems for Decision Making,problem Solving,and Project Management

Extension A2: Collaborative Information Systems for Student Projects

Filters