Exam 1: The Importance of Mis

Define the concept of business process design.

Business processes can influence the design of information systems.

Which of the following is a necessary condition for effective collaboration?

What are processes,information systems,and information?

Ellen is the marketing manager of Qtopia Inc.She often develops ideas and plans with the help of her colleagues,and provides and receives critical feedback.According to Reich's four critical skills,Ellen is displaying ________ skills.

Like business processes,information systems need to be monitored to ensure that they continue to meet their requirements.

Experimentation increases the fear of failure.

How does Porter define procurement,technology,human resources,and firm infrastructure?

What are the primary activities in the value chain?

Cost is what it takes to produce a product or service.

Focusing on business processes is key to improving organizational effectiveness and efficiency.

Explain the meaning of value chain linkages with the help of an example.

Competition from rivals is particularly high when industry growth is slow and when exit barriers are high.

In the value chain,the primary activity of customer service is to assist customers in their use of the product,and thus maintain and enhance the product's value.

Explain the meaning of collaboration and experimentation with the help of examples.

A ________ is defined as a network of value-creating activities.

What are the different competitive strategies according to Porter's model?

Staples sells office supplies and machines,furniture,and technology and business services both in stores and online.It sells every kind of stationery that one can imagine.It has over 2,000 stores worldwide in 26 countries.This is most likely an example of a(n)________.

Define value,margin,and value chain.

Processes,systems,and information need to be created by a company to avoid "falling behind the technology curve."