A) uses the capabilities of other companies without being physically tied to those companies. B) uses Internet technology to maintain a virtual storefront. C) uses Internet technology to maintain a networked community of users. D) provides entirely Internet-driven services,or virtual products. A) uses the capabilities of other companies without being physically tied to those companies. B) uses Internet technology to maintain a virtual storefront. C) uses Internet technology to maintain a networked community of users. D) provides entirely Internet-driven services,or virtual products.

Exam 3: Achieving Competitive Advantage With Information Systems

When the output of some units can be used as inputs to other units,or if two organizations pool markets and expertise that result in lower costs and generate profits,it is often referred to as creating:

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(Multiple Choice)

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Question 1

Correct Answer:

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You are advising the owner of Smalltown Computer,a new,local computer repair store that also builds custom computers to order.What competitive strategies would you advise Smalltown Computer to take? Which ones will it have difficulty exercising?

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Question 2

Correct Answer:

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Smalltown Computer will have difficulty in low-cost leadership,because it cannot exert economies of scale or other efficiencies of large PC manufacturers.However,it could emphasize customer intimacy,through face-to-face interaction with customers.It could also emphasize product differentiation,in that it supplies a hands-on,local experience and more trustworthy,higher quality service.Because it builds computers to order,the firm could also focus on market niche,by specializing in certain types of custom computers,also.

The four basic strategies a company can employ to deal with competitive forces are:

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Question 3

Correct Answer:

Verified

Which of the following illustrates the use of information systems to strengthen customer and supplier intimacy?

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Question 4

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

(Multiple Choice)

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Question 5

The reduction of errors to 3.4 defects per million opportunities is central to the concept of:

(Multiple Choice)

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Question 6

Select a popular product or company that you are familiar with,such as Apple's iPod.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

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Question 7

A micromultinational is a small firm operating on a global scale.

(True/False)

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Question 8

A virtual company:

(Multiple Choice)

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Question 9

Quality control is seen as an end in itself in Six Sigma.

(True/False)

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Question 10

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

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Question 11

The ________ strategy concentrates financial management and control out of a central home base while decentralizing production,sales,and marketing operations to units in other countries.

(Multiple Choice)

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Question 12

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

(True/False)

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Question 13

The law of diminishing returns always applies to digital,as well as traditional products.

(True/False)

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Question 14

The Internet raises the bargaining power of customers by:

(Multiple Choice)

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Question 15

The greatest impact the Internet has had on globalization is in lowering the costs of:

(Multiple Choice)

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Question 16

The value chain model classifies all company activities as either primary or support.

(True/False)

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Question 17

BPM is considered concluded when the new processes are both implemented and accepted.

(True/False)

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Question 18

Which of the following can force a business and its competitors to compete on price alone?

(Multiple Choice)

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Question 19

A ________ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively.

(Multiple Choice)

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Question 20

Showing 1 - 20 of 90

When the output of some units can be used as inputs to other units,or if two organizations pool markets and expertise that result in lower costs and generate profits,it is often referred to as creating:

You are advising the owner of Smalltown Computer,a new,local computer repair store that also builds custom computers to order.What competitive strategies would you advise Smalltown Computer to take? Which ones will it have difficulty exercising?

The four basic strategies a company can employ to deal with competitive forces are:

Which of the following illustrates the use of information systems to strengthen customer and supplier intimacy?

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

The reduction of errors to 3.4 defects per million opportunities is central to the concept of:

Select a popular product or company that you are familiar with,such as Apple's iPod.Apply Porter's competitive forces model to that product and/or company.Which of the four generic strategies is the company using?

A micromultinational is a small firm operating on a global scale.

A virtual company:

Quality control is seen as an end in itself in Six Sigma.

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

The ________ strategy concentrates financial management and control out of a central home base while decentralizing production,sales,and marketing operations to units in other countries.

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

The law of diminishing returns always applies to digital,as well as traditional products.

The Internet raises the bargaining power of customers by:

The greatest impact the Internet has had on globalization is in lowering the costs of:

The value chain model classifies all company activities as either primary or support.

BPM is considered concluded when the new processes are both implemented and accepted.

Which of the following can force a business and its competitors to compete on price alone?

A ________ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively.

Business Information Systems in Your Career

Global E-Business and Collaboration

IT Infrastructure: Hardware and Software

Foundations of Business Intelligence: Databases and Information Management

Telecommunications, the Internet, and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

E-Commerce: Digital Markets,digital Goods

Improving Decision Making and Managing Knowledge

Building Information Systems and Managing Projects

Ethical and Social Issues in Information Systems

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