Exam 1: Information Systems in Business

List and describe the five common IT-related strategic positions.

The Five Forces Model helps to determine the relative attractiveness of a(n) _____________.

____________ is responsible for ensuring the ethical and legal use of information within an organization.

____________ is "actionable information," which is used for decision making.

Which one of the following can be an information culture in an organization?

Which information culture can cause an organization to have a great degree of difficulty operating?

Value chain analysis is a highly useful tool in that it provides hard-and-fast numbers for evaluating the activities that add _______ to products and services.

IS personnel must understand the ___________ if the organization is going to determine which technologies can benefit (or hurt) the business.

What is a business-to-business (B2B) marketplace in which a single buyer posts its needs and then opens the bidding to any supplier who would care to bid?

Tesla offers the most _________________ strategy of any in the industry.

Supplier power is ____ when buyers have few choices to buy from and ____ when their choices are many.

Which of the following is an example of a loyalty program?

What is the name of a company's internal IS department?

In retail grocery industry, rivalry among existing competitors is ______.

Who is responsible for ensuring the security of information systems and developing strategies and IT safeguards against attacks from hackers and viruses?

Buyer power in the Porter's Five Forces Model is ________ when buyers have many choices of whom to buy from and low when their choices are few.

Porter suggests that an organization is wise to adopt ___ of the three generic strategies: (1) broad cost leadership, (2) broad differentiation, or (3) focused strategy.

What is a business process? Describe upon how organizations evaluate the effectiveness of their business processes.

The core drivers of information age are ______________.

A(n) __________ exchange is a business-to-business (B2B) marketplace in which a single buyer posts its needs and then opens the bidding to any supplier who would care to bid.