Question 1

Explain what Walmart views to be a substitution threat and why?

Accepted Answer

Substitutes can also be doing without,bu

Question 2

Staples sells office supplies and machines,furniture,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)________.

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 3

The support activities in the generic value chain contribute directly to the production,sale,and service of the product.

Accepted Answer

A) True 
 B)False

Question 4

Do supporting functions add value? How do they contribute to the margin?

Accepted Answer

Supporting functions add value,albeit in

Question 5

A business with a differentiation strategy will add cost to an activity as long as the activity has a positive margin.

Accepted Answer

A) True 
 B)False

Question 6

A company that states a strategy of low cost leadership and a differentiation on customer service simultaneously is most likely to achieve a strong competitive advantage.

Accepted Answer

A) True 
 B)False

Question 7

________ determines the structure,features,and functions of every information system.

Accepted Answer

A)  Differentiation strategy 
B)  Competitive strategy 
C)  Organizational culture 
D)  Organizational objective 
A)  Differentiation strategy 
B)  Competitive strategy 
C)  Organizational culture 
D)  Organizational objective

Question 8

What is abstract reasoning and systems thinking? Give an example for each.

Accepted Answer

Abstract reasoning is the ability to mak

Question 9

An information system is a collection of components,including a computer,that stores and retrieves data and produces information.

Accepted Answer

A) True 
 B)False

Question 10

According to Porter's five forces model,established companies face stronger threats from substitutes if the substitute's ________.

Accepted Answer

A)  price is lower 
B)  benefits are different 
C)  switching cost is higher 
D)  functions are different 
A)  price is lower 
B)  benefits are different 
C)  switching cost is higher 
D)  functions are different

Question 11

It is difficult to calculate the margin of supporting activities because the specific value added by supporting activities is difficult to know.

Accepted Answer

A) True 
 B)False

Question 12

A business that selects a differentiation strategy would necessarily structure itself around least-cost activities.

Accepted Answer

A) True 
 B)False

Question 13

Information system managers should support strategy,but it should never influence strategy.

Accepted Answer

A) True 
 B)False

Question 14

Information systems and computer technology provide job and wage benefits
beyond just IS professionals.

Accepted Answer

A) True 
 B)False

Question 15

A substitute performs different functions as an industry's product by another means.

Accepted Answer

A) True 
 B)False

Question 16

Briefly describe Porter's five forces model.

Accepted Answer

A model used to assess an industry struc

Question 17

The strength of the bargaining power of suppliers and customers depends on the switching costs and product differentiation.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

Effective collaboration isn't about bein

Question 19

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

Accepted Answer

Porter defined procurement as the proces

Question 20

The cost or differentiation strategy must be employed across an entire industry and cannot be tailored to specific industry segments.

Accepted Answer

A) True 
 B)False

Explain what Walmart views to be a substitution threat and why?

Staples sells office supplies and machines,furniture,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)________.

The support activities in the generic value chain contribute directly to the production,sale,and service of the product.

Do supporting functions add value? How do they contribute to the margin?

A business with a differentiation strategy will add cost to an activity as long as the activity has a positive margin.

A company that states a strategy of low cost leadership and a differentiation on customer service simultaneously is most likely to achieve a strong competitive advantage.

________ determines the structure,features,and functions of every information system.

What is abstract reasoning and systems thinking? Give an example for each.

An information system is a collection of components,including a computer,that stores and retrieves data and produces information.

According to Porter's five forces model,established companies face stronger threats from substitutes if the substitute's ________.

It is difficult to calculate the margin of supporting activities because the specific value added by supporting activities is difficult to know.

A business that selects a differentiation strategy would necessarily structure itself around least-cost activities.

Information system managers should support strategy,but it should never influence strategy.

Information systems and computer technology provide job and wage benefits beyond just IS professionals.

A substitute performs different functions as an industry's product by another means.

Briefly describe Porter's five forces model.

The strength of the bargaining power of suppliers and customers depends on the switching costs and product differentiation.

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

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

The cost or differentiation strategy must be employed across an entire industry and cannot be tailored to specific industry segments.

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

Explain what Walmart views to be a substitution threat and why?

Staples sells office supplies and machines,furniture,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)________.

The support activities in the generic value chain contribute directly to the production,sale,and service of the product.

Do supporting functions add value? How do they contribute to the margin?

A business with a differentiation strategy will add cost to an activity as long as the activity has a positive margin.

A company that states a strategy of low cost leadership and a differentiation on customer service simultaneously is most likely to achieve a strong competitive advantage.

________ determines the structure,features,and functions of every information system.

What is abstract reasoning and systems thinking? Give an example for each.

An information system is a collection of components,including a computer,that stores and retrieves data and produces information.

According to Porter's five forces model,established companies face stronger threats from substitutes if the substitute's ________.

It is difficult to calculate the margin of supporting activities because the specific value added by supporting activities is difficult to know.

A business that selects a differentiation strategy would necessarily structure itself around least-cost activities.

Information system managers should support strategy,but it should never influence strategy.

Information systems and computer technology provide job and wage benefits beyond just IS professionals.

A substitute performs different functions as an industry's product by another means.

Briefly describe Porter's five forces model.

The strength of the bargaining power of suppliers and customers depends on the switching costs and product differentiation.

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

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

The cost or differentiation strategy must be employed across an entire industry and cannot be tailored to specific industry segments.

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