Exam 2: The Information Systems Strategy Triangle

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General managers should take an active role in decisions about information systems. This is vital because:

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List the three categories of social business opportunities and give an example of each.

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Social business in terms of the company being part of the surrounding community

Social business in terms of adding social media to a traditional structure and one that is starting to emerge

Social business that acts as a network between the idea and the end user

A general manager should:

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Today's market place is considered to be a very competitive and dynamic environment. Explain what this means and give examples of this competitive dynamic.

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Once a firm is out of alignment, it does not mean that it has to stay that way.

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Is a company more likely to adjust its mission statement or its business strategy? Explain your answer.

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The physical means by which information is exchanged among hardware components is called _______.

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Match the following goals with the UPS strategy it represents. Match the following goals with the UPS strategy it represents.

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Dell's original business strategy was to only sell custom-built computer systems directly to customers. Dell now sells to major retail outlets such as Walmart and Best Buy. Which one of Porter's generic strategies was Dell exhibiting when only selling directly to the customer? And which one of Porter's generic strategies is Dell demonstrating today? Explain your answers.

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The general manager for a retail clothing outlet was recently cited as saying, "IT is the cornerstone of our company. All of our decisions are based on the sophisticated systems that we have deployed throughout our organization. IT drives our decisions." What position should the manager hold regarding IT and its influence on decision making?

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When an organization qualifies its product or service in a way that allows it to appear unique in the marketplace, this is called:

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To remain competitive, an organization's business strategy must adapt and respond to all of the following variables. Which variable in particular does IS help to determine? 1) Market forces 2) Customer demands 3) The capabilities of the organization 4) The organization's mission 5) Organizational design

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By using IS to achieve economies of scale and generate operating efficiencies, Walmart epitomizes which one of Porter's generic strategies?

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The IS strategy can affect and is affected by changes in a company's business and _______ strategies.

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When a company's business strategy and technology strategy are intertwined, this situation is known as _______.

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A social business strategy needs to align itself with the organization's IT strategy but not the business strategy.

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The organizational strategy should ideally _____ the IS strategy.

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Significant changes in IS should trigger a reassessment of the _____________.

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CRM stands for ________________.

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Organizations seek to gain a competitive advantage by differentiation, cost, or _________.

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