Exam 2: Information Systems in Organizations

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The _____ strategy for competitive advantage involves producing a variety of products, giving customers more choices, or delivering higher quality products and services.

(Short Answer)
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A(n) _____ is a formal collection of people and other resources established to accomplish a set of goals.

(Short Answer)
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_____ is the sum of all costs over the life of the information system.

(Short Answer)
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_____ is a competitive advantage strategy that Walmart and other retailers have followed for years and focuses on becoming more efficient and reducing costs.

(Multiple Choice)
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Sustaining change almost always harms an organization while disruptive change almost always help an organization.

(True/False)
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A small business that generates an additional profit of $25,000 for the year as a result of an investment of $100,000 in information systems would have a return on investment of 4 to 1.

(True/False)
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ROI calculations can be complex, including investment returns over multiple years and the impact of the time value of money.

(True/False)
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A visa program that enables skilled employees from foreign lands into the United States.

(Multiple Choice)
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Opportunities in information systems are available to people from foreign countries, including Russia and India.

(True/False)
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If an industry has low entry and exit costs and the technology needed to start and maintain a business is commonly available, this creates ________.

(Multiple Choice)
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Studies have shown that user satisfaction and technology acceptance are not particularly significant in healthcare as professional in this industry are quick to learn and accept new technology.

(True/False)
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Today, companies are shifting from strategic management to performance-based management of their information systems and carefully consider both strategic advantage and costs.

(True/False)
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Briefly discuss the technology acceptance model and its importance.

(Essay)
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What is competitive advantage? Identify five forces that cause firms to seek competitive advantage.

(Essay)
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The design department of an architectural firm that uses computers in all aspects of its design work would be said to have a high level of _____.

(Short Answer)
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User satisfaction with a computer system and the information it generates often depend on the _____

(Multiple Choice)
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The systems development organization focuses solely on the development of new information systems and seldom becomes involved in maintenance and review of information systems.

(True/False)
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One organization can spend less than another on information systems but still get better value.

(True/False)
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An organization can have a high level of infusion in one part of its operations and a low level of diffusion overall.

(True/False)
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The IS support organization is a multi-faceted group providing user assistance in hardware and software acquisition and use, data administration, user training and assistance, and software development.

(True/False)
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