Question 1

Which activity of the value chain includes inducing a customer to purchase a product?

Accepted Answer

A)  inbound logistics 
B)  operations/manufacturing 
C)  outbound logistics 
D)  sales and marketing 
A)  inbound logistics 
B)  operations/manufacturing 
C)  outbound logistics 
D)  sales and marketing

Question 2

Ben oversees the delivery process at a local store.After going through the week's delivery schedule,he calls his team and assigns territories for each individual.He contacts the supervisor to arrange the necessary transport.Which activity of the value chain is Ben executing?

Accepted Answer

A)  marketing 
B)  inbound logistics 
C)  outbound logistics 
D)  operations 
A)  marketing 
B)  inbound logistics 
C)  outbound logistics 
D)  operations

Question 3

Which of the following is a misinterpretation of Moore's Law?

Accepted Answer

A)  A computer processor becomes obsolete within 18 months. 
B)  The total number of transistors produced in the world doubles every 18 months. 
C)  The number of transistors per square inch on an integrated chip doubles every 18 months. 
D)  The speed of a computer processor doubles every 18 months. 
A)  A computer processor becomes obsolete within 18 months. 
B)  The total number of transistors produced in the world doubles every 18 months. 
C)  The number of transistors per square inch on an integrated chip doubles every 18 months. 
D)  The speed of a computer processor doubles every 18 months.

Question 4

Porter's five forces model is also referred to as the value chain model.

Accepted Answer

A) True 
 B)False

Question 5

Define the concept of business process design.

Accepted Answer

By describing value chains and their lin

Question 6

Strategic planning should always ask the following except:

Accepted Answer

A)  how is our industry changing 
B)  which markets, and products should we exit 
C)  what new advancements in IT are out there 
D)  what is next 
A)  how is our industry changing 
B)  which markets, and products should we exit 
C)  what new advancements in IT are out there 
D)  what is next

Question 7

As a candidate at a job interview for the position of video and graphic designer,Steve is asked to create a design using Corel VideoStudio X3,a relatively new software that he has not learned yet.Which of the following skills is the interviewer trying to test?

Accepted Answer

A)  systems thinking 
B)  abstract reasoning 
C)  collaboration 
D)  ability to experiment 
A)  systems thinking 
B)  abstract reasoning 
C)  collaboration 
D)  ability to experiment

Question 8

Porter's five forces determines the characteristics of the industry,how profitable it is,and how sustainable that profitability will be.

Accepted Answer

A) True 
 B)False

Question 9

Manufacturing systems use linkages to reduce inventory costs.

Accepted Answer

A) True 
 B)False

Question 10

What is the Information Age? Provide two aspects of this age.

Accepted Answer

Technologies and others before them have

Question 11

Which of the following is an industry barrier for new entrants in an established market?

Accepted Answer

A)  low financial investments 
B)  government policies 
C)  low customer switching costs 
D)  accessible distribution channels 
A)  low financial investments 
B)  government policies 
C)  low customer switching costs 
D)  accessible distribution channels

Question 12

The intensity of Porter's five forces model determines ________.

Accepted Answer

A)  the exact number of customers a company will have 
B)  the exit strategy of a firm 
C)  how sustainable an industry's profitability will be 
D)  how to achieve a monopoly in the market 
A)  the exact number of customers a company will have 
B)  the exit strategy of a firm 
C)  how sustainable an industry's profitability will be 
D)  how to achieve a monopoly in the market

Question 13

Moore's Law helps explain why any routine skill will be outsourced to the lowest bidder.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  the ability to be cordial at all times 
B)  the ability to manipulate models 
C)  the ability to give and receive critical feedback 
D)  the ability to dominate group members 
A)  the ability to be cordial at all times 
B)  the ability to manipulate models 
C)  the ability to give and receive critical feedback 
D)  the ability to dominate group members

Question 15

The difference between the value that an activity generates and the cost of the activity is called value-addition.

Accepted Answer

A) True 
 B)False

Question 16

The importance of non-routine cognitive skills will decrease in the future

Accepted Answer

A) True 
 B)False

Question 17

Each stage of the value chain accumulates costs and adds value to the product.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

Which of the following appropriately justifies a company's decision to develop an information system?

Accepted Answer

A)  to project a modern and progressive image 
B)  to achieve organizational strategy 
C)  for the sake of exploring technology and being innovative 
D)  to avoid falling behind the technology curve 
A)  to project a modern and progressive image 
B)  to achieve organizational strategy 
C)  for the sake of exploring technology and being innovative 
D)  to avoid falling behind the technology curve

Question 20

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

Accepted Answer

A) True 
 B)False

Which activity of the value chain includes inducing a customer to purchase a product?

Ben oversees the delivery process at a local store.After going through the week's delivery schedule,he calls his team and assigns territories for each individual.He contacts the supervisor to arrange the necessary transport.Which activity of the value chain is Ben executing?

Which of the following is a misinterpretation of Moore's Law?

Porter's five forces model is also referred to as the value chain model.

Define the concept of business process design.

Strategic planning should always ask the following except:

As a candidate at a job interview for the position of video and graphic designer,Steve is asked to create a design using Corel VideoStudio X3,a relatively new software that he has not learned yet.Which of the following skills is the interviewer trying to test?

Porter's five forces determines the characteristics of the industry,how profitable it is,and how sustainable that profitability will be.

Manufacturing systems use linkages to reduce inventory costs.

What is the Information Age? Provide two aspects of this age.

Which of the following is an industry barrier for new entrants in an established market?

The intensity of Porter's five forces model determines ________.

Moore's Law helps explain why any routine skill will be outsourced to the lowest bidder.

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

The difference between the value that an activity generates and the cost of the activity is called value-addition.

The importance of non-routine cognitive skills will decrease in the future

Each stage of the value chain accumulates costs and adds value to the product.

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

Which of the following appropriately justifies a company's decision to develop an information system?

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

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 activity of the value chain includes inducing a customer to purchase a product?

Ben oversees the delivery process at a local store.After going through the week's delivery schedule,he calls his team and assigns territories for each individual.He contacts the supervisor to arrange the necessary transport.Which activity of the value chain is Ben executing?

Which of the following is a misinterpretation of Moore's Law?

Porter's five forces model is also referred to as the value chain model.

Define the concept of business process design.

Strategic planning should always ask the following except:

As a candidate at a job interview for the position of video and graphic designer,Steve is asked to create a design using Corel VideoStudio X3,a relatively new software that he has not learned yet.Which of the following skills is the interviewer trying to test?

Porter's five forces determines the characteristics of the industry,how profitable it is,and how sustainable that profitability will be.

Manufacturing systems use linkages to reduce inventory costs.

What is the Information Age? Provide two aspects of this age.

Which of the following is an industry barrier for new entrants in an established market?

The intensity of Porter's five forces model determines ________.

Moore's Law helps explain why any routine skill will be outsourced to the lowest bidder.

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

The difference between the value that an activity generates and the cost of the activity is called value-addition.

The importance of non-routine cognitive skills will decrease in the future

Each stage of the value chain accumulates costs and adds value to the product.

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

Which of the following appropriately justifies a company's decision to develop an information system?

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

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