Exam 1: Information Systems: an Overview

According to Porter's Five Forces Model,the _____ power is low when customers have more options.

In designing a management information system (MIS),after defining the system's objectives,the second step is to _____.

Which of the following strategies identified by Michael Porter helps organizations concentrate on a specific market segment to achieve a cost advantage?

Give an example of how a management information system (MIS) can be used in the public sector.

Which of the following decisions is supported by a logistics information system (LIS)?

Structuring a data component to define what type of data is collected and in what form is typically easy if an organization:

_____ consists of facts that have been analyzed by the process component and are therefore more useful to the MIS user.

How can an organization combat the threat of new entrants?

Describe the threat of substitute products or services and how organizations fight this threat.

It has been predicted that hardware and software costs will continue to increase in the future,so processing information will be more expensive.

_____ is skill in using productivity software,such as word processors,spreadsheets,database management systems,and presentation software.

Timely,relevant,and accurate information is a critical tool for enhancing a company's competitive position in the marketplace.

How can banks use computers and information systems?

The threat of new entrants into the marketplace is high when duplicating a company's product or service is difficult.

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

A(n) _____ information system is typically used to support decisions in managing an organization's cash flows.

A _____ provides reports and statistics on employee demographics.

_____ refers to understanding the role of information in generating and using business intelligence.

In the context of an information systems job,a database administrator is responsible for developing the entire information system by writing computer programs.

_____ means having a basic knowledge of hardware and software,the Internet,and collaboration tools and technologies.