Question 1

Which of the following is the first stage in the sequence of how organizational strategy determines MIS?

Accepted Answer

A)  formulate the business process 
B)  formulate a competitive strategy 
C)  determine the industry structure 
D)  determine the value chain structure 
A)  formulate the business process 
B)  formulate a competitive strategy 
C)  determine the industry structure 
D)  determine the value chain structure C

Question 2

Value chains and linkages have led to the creation of integrated,cross-departmental business systems.

Accepted Answer

A) True 
 B)False  True

Question 3

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

Accepted Answer

An organization responds to the structure of its industry by choosing a competitive strategy.Porter followed his five forces model with the model of four competitive strategies.According to Porter,a firm can engage in one of four fundamental competitive strategies.An organization can be the cost leader and provide products at the lowest prices in the industry,or it can focus on adding value to its products to differentiate them from those of the competition.Further,the organization can employ the cost or differentiation strategy across an industry,or it can focus its strategy on a particular industry segment.According to Porter,to be effective,the organization's goals,objectives,culture,and activities must be consistent with the organization's strategy.

Question 4

________ is the ability to model the components of a system and to connect the inputs and outputs among those components into a sensible whole,one that explains the phenomenon observed.

Accepted Answer

A)  Abstract reasoning 
B)  Systems collaboration 
C)  Systems thinking 
D)  Experimentation 
A)  Abstract reasoning 
B)  Systems collaboration 
C)  Systems thinking 
D)  Experimentation

Question 5

Explain the difference in information systems required for the low-cost rentals versus high service rentals.

Accepted Answer

The processes used by the student rental

Question 6

Which of the following results is attributed to Moore's Law?

Accepted Answer

A)  The price of software has come down drastically. 
B)  The ratio of price to performance of computers has fallen drastically. 
C)  The risk of technology becoming obsolete has decreased. 
D)  Piracy of software has increased. 
A)  The price of software has come down drastically. 
B)  The ratio of price to performance of computers has fallen drastically. 
C)  The risk of technology becoming obsolete has decreased. 
D)  Piracy of software has increased.

Question 7

A car rental company operates in two cities and offers rental cars at low rates specifically to college students from these areas.This is an example of a(n)________.

Accepted Answer

A)  industry-wide differentiation strategy 
B)  focused differentiation strategy 
C)  focused cost leadership strategy 
D)  industry-wide cost leadership strategy 
A)  industry-wide differentiation strategy 
B)  focused differentiation strategy 
C)  focused cost leadership strategy 
D)  industry-wide cost leadership strategy

Question 8

Inbound logistics involves receiving,storing,and disseminating inputs to products.

Accepted Answer

A) True 
 B)False

Question 9

Miguel proposes a new design idea for an automobile to his boss.He illustrates the model through a presentation,describes how the firm could profit from it,and how it meets customers' needs.Which of Reich's four critical skills is Miguel exhibiting?

Accepted Answer

A)  abstract reasoning 
B)  systems thinking 
C)  collaboration 
D)  process orientation 
A)  abstract reasoning 
B)  systems thinking 
C)  collaboration 
D)  process orientation

Question 10

Which of the following trends driven by the Moore's Law is changing the way businesses use information technology (IT)?

Accepted Answer

A)  the rapid growth of Internet accessibility 
B)  the decrease in data produced each year 
C)  the decrease in usage of mobile devices 
D)  the frequent increase in communication costs 
A)  the rapid growth of Internet accessibility 
B)  the decrease in data produced each year 
C)  the decrease in usage of mobile devices 
D)  the frequent increase in communication costs

Question 11

According to Porter,________ includes recruiting,compensation,evaluation,and training of full- and part-time employees.

Accepted Answer

A)  human resources 
B)  firm infrastructure 
C)  technology 
D)  procurement 
A)  human resources 
B)  firm infrastructure 
C)  technology 
D)  procurement

Question 12

A(n)________ involves finding potential customers,contacting them,and assigning a sales person.

Accepted Answer

A)  value chain 
B)  information system 
C)  business process 
D)  differentiation strategy 
A)  value chain 
B)  information system 
C)  business process 
D)  differentiation strategy

Question 13

Which of the following is a key for companies when choosing a competitive strategy?

Accepted Answer

A)  It is essential for companies to commit to more than one strategy at a time. 
B)  The competitive strategy of companies must be distinctive and maintainable. 
C)  Companies must sell products at the highest price to become a cost leader. 
D)  Companies should try to imitate the competitive strategies of competitors. 
A)  It is essential for companies to commit to more than one strategy at a time. 
B)  The competitive strategy of companies must be distinctive and maintainable. 
C)  Companies must sell products at the highest price to become a cost leader. 
D)  Companies should try to imitate the competitive strategies of competitors.

Question 14

________ is defined as making a careful and reasoned analysis of an opportunity,envisioning potential products or solutions or applications of technology,and then developing those ideas that seem to have the most promise,consistent with the resources one has.

Accepted Answer

A)  Collaboration 
B)  Systems thinking 
C)  Abstract reasoning 
D)  Experimentation 
A)  Collaboration 
B)  Systems thinking 
C)  Abstract reasoning 
D)  Experimentation

Question 15

The difference between the value an activity generates and the cost of the activity is called the ________.

Accepted Answer

A)  margin 
B)  revenue 
C)  break-even point 
D)  value-addition point 
A)  margin 
B)  revenue 
C)  break-even point 
D)  value-addition point

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Willoughby Inc.,a large chain of superstores,sources its products from thousands of suppliers who have limited product differentiation.The products stored at the superstores are also available at smaller convenience stores with a marginal price differentiation.In this case,which of the following competitive forces is most likely to be a threat to the company?

Accepted Answer

A)  threat of substitutions 
B)  bargaining power of suppliers 
C)  threat of new entrants 
D)  bargaining power of customers 
A)  threat of substitutions 
B)  bargaining power of suppliers 
C)  threat of new entrants 
D)  bargaining power of customers

Question 18

Porter defined value as the amount of money that a customer is willing to pay for a resource,product,or service.

Accepted Answer

A) True 
 B)False

Question 19

Define value,margin,and value chain.

Accepted Answer

Porter defined value as the amount of mo

Question 20

How does MIS help organizations achieve their strategies?

Accepted Answer

MIS exists to help people who work in a

Which of the following is the first stage in the sequence of how organizational strategy determines MIS?

Value chains and linkages have led to the creation of integrated,cross-departmental business systems.

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

________ is the ability to model the components of a system and to connect the inputs and outputs among those components into a sensible whole,one that explains the phenomenon observed.

Explain the difference in information systems required for the low-cost rentals versus high service rentals.

Which of the following results is attributed to Moore's Law?

A car rental company operates in two cities and offers rental cars at low rates specifically to college students from these areas.This is an example of a(n)________.

Inbound logistics involves receiving,storing,and disseminating inputs to products.

Miguel proposes a new design idea for an automobile to his boss.He illustrates the model through a presentation,describes how the firm could profit from it,and how it meets customers' needs.Which of Reich's four critical skills is Miguel exhibiting?

Which of the following trends driven by the Moore's Law is changing the way businesses use information technology (IT)?

According to Porter,________ includes recruiting,compensation,evaluation,and training of full- and part-time employees.

A(n)________ involves finding potential customers,contacting them,and assigning a sales person.

Which of the following is a key for companies when choosing a competitive strategy?

________ is defined as making a careful and reasoned analysis of an opportunity,envisioning potential products or solutions or applications of technology,and then developing those ideas that seem to have the most promise,consistent with the resources one has.

The difference between the value an activity generates and the cost of the activity is called the ________.

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

Porter defined value as the amount of money that a customer is willing to pay for a resource,product,or service.

Define value,margin,and value chain.

How does MIS help organizations achieve their strategies?

Business Processes, Information Systems, and Information

Networks and the Cloud

Database Processing

Information Systems Security

Using Is to Improve Processes

Supporting Processes With ERP Systems

Supporting the Procurement Process With SAP

Supporting the Sales Process With SAP

Collaboration and IS

Social Media and IS

Business Intelligence and IS

Filters

Exam 1: The Importance of MIS

Which of the following is the first stage in the sequence of how organizational strategy determines MIS?

Value chains and linkages have led to the creation of integrated,cross-departmental business systems.

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

________ is the ability to model the components of a system and to connect the inputs and outputs among those components into a sensible whole,one that explains the phenomenon observed.

Explain the difference in information systems required for the low-cost rentals versus high service rentals.

Which of the following results is attributed to Moore's Law?

A car rental company operates in two cities and offers rental cars at low rates specifically to college students from these areas.This is an example of a(n)________.

Inbound logistics involves receiving,storing,and disseminating inputs to products.

Miguel proposes a new design idea for an automobile to his boss.He illustrates the model through a presentation,describes how the firm could profit from it,and how it meets customers' needs.Which of Reich's four critical skills is Miguel exhibiting?

Which of the following trends driven by the Moore's Law is changing the way businesses use information technology (IT)?

According to Porter,________ includes recruiting,compensation,evaluation,and training of full- and part-time employees.

A(n)________ involves finding potential customers,contacting them,and assigning a sales person.

Which of the following is a key for companies when choosing a competitive strategy?

________ is defined as making a careful and reasoned analysis of an opportunity,envisioning potential products or solutions or applications of technology,and then developing those ideas that seem to have the most promise,consistent with the resources one has.

The difference between the value an activity generates and the cost of the activity is called the ________.

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

Porter defined value as the amount of money that a customer is willing to pay for a resource,product,or service.

Define value,margin,and value chain.

How does MIS help organizations achieve their strategies?

Business Processes, Information Systems, and Information

Networks and the Cloud

Database Processing

Information Systems Security

Using Is to Improve Processes

Supporting Processes With ERP Systems

Supporting the Procurement Process With SAP

Supporting the Sales Process With SAP

Collaboration and IS

Social Media and IS

Business Intelligence and IS

Filters