Exam 1: Management Information Systems: Business Driven MIS

Kevin is an incoming freshman at your college.Kevin is frustrated by the cost of books, tuition, and expenses and he also needs to purchase a rather expensive laptop.In an effort to save money, Kevin organizes a Facebook group with other college students who need to purchase laptops.Soon, Kevin's Facebook group has close to 100,000 students.Kevin decides to collectively approach different computer companies to see if his group qualifies for a special discount.What business strategy is Kevin using to purchase laptops?

The department within a company that performs the function of selling goods or services is called _______________.

A standardized set of activities that accomplish a specific task is called a supply chain component.

Your boss has asked you to analyze the airline industry using Porter's three generic strategies.Which of the following companies are using a focused strategy?

Which of the following is not considered a category within the support value activities in a value chain analysis?

What is a feature of a product or service that customers have come to expect and entering competitors must offer the same if they want to survive?

Order date, amount sold, and customer number are all forms of data.

A SWOT analysis evaluates an organization's strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies.

Which department manages the process of converting or transforming resources into goods or services?

Which activities belong in the finance department?

Rivalry among existing competitors refers to the ability of buyers to affect the price they must pay for an item.

Why do students need to study information technology?

What is a SWOT analysis?

Zappos is not a technology company; its primary business focus is to sell books.

A first-mover advantage is the process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed.

Who is responsible for ensuring the speed, accuracy, availability, and reliability of the management information systems within a company?

Michael Porter defined the Five Forces Model and the potential pressures that can hurt sales.Which of the following is not one of the potential pressures that can hurt sales?

What is a value chain analysis?

Why do students need to study information technology?

Bread, cheese, and butter are included in the process of making a grilled cheese sandwich.