Exam 3: Information Systems, Organizations, and Strategy

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A firm can exercise greater control over its suppliers by having

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Mass customization offers individually tailored products or services using the same resources as mass production.

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Define and describe a business ecosystem. Give an example of a business ecosystem.

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Customers are one of the competitive forces that affect an organization's ability to compete.

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Which of the following represent the primary activities of a firm?

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How is Internet technology useful from a network economics perspective? Give examples.

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Information systems technology can be viewed as a factor of production that can be substituted for traditional capital and labor from the point of view of economics.

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Research has shown that a majority of firms are able to align their information technology with their business goals.

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All of the following industries have been disrupted by the Internet except

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'Synergies' occur when the output of some units in a firm can be used as inputs to other units, lowering cost and generating profits.

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Business processes are collections of

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Nike's forays into information technology represent an effort to

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In environmental scanning, a firm may use information systems to

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An efficient customer response system directly links consumer behavior to distribution and production and supply chains.

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Which of the following is not a major feature of organizations that impacts the use of information systems?

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The Internet raises the bargaining power of customers by

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In the value chain model, support activities are most directly related to the production and distribution of the firm's products and services, which create value for the customer.

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As discussed in the chapter opening case, which of the four generic strategies did T.J. Maxx employ to combat the competition offered by Target, Kohls, Walmart, Macy's and pure online stores likeRue LaLa and Gilt Groupe?

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A virtual company

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An example of a keystone firm within a business ecosystem is

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