Exam 1: Management Information Systems: Business Driven MIS

When analyzing the book store industry,some of today's businesses compete with different business strategies and cost strategies.Which of the following is using a broad market competitive scope along with a low cost strategy?

When a company is the first to market with a competitive advantage,this is called a first-mover advantage.All of the following companies were first-movers except ____________.

The challenge that companies today sometimes have is that they are departmentalized and act independently of each other.One solution that can help a company work interdepartmentally includes ___________.

Which of the following represents the types of data commonly found in the accounting department?

FedEx created a first-mover advantage by developing its customer self-service software,which allows people to request parcel pickups,print mailing slips,and track parcels online.

All of the following are common tools used in industry to analyze and develop competitive advantages,except:

If you were thinking about a washing machine as a system which of the following represents the process?

An overview of systems thinking includes input,process,output,and finances.

A __________ is a collection of parts that link to achieve a common purpose.

Information is data converted into a meaningful and useful context.The truth about information is that its value is only as good as the people who use it.People using the same information can make different decisions depending on how they interpret or analyze the information.

Demonstrate how a company can add value by using Porter's value chain analysis.

MIS can add value to both primary and support activities within a business.Which of the following is not an example of a company adding value by the use of MIS in a support activity?

Which of the following is typically performed by the sales or marketing department?

When reviewing Porter's value chain analysis,which of the below provides customer support after the sale of goods and services?

Which of the following is considered a core driver of the information age?

Greg Provenzo owns and runs a Blockbuster video store.Greg is implementing a drive-thru rental process that is the same as you would find at a fast food restaurant.Customers can pick-up and drop-off their videos without leaving their cars.Greg's new system has become so popular that Videos Plus,a competitor down the street,is attempting to recreate Greg's video drive-thru rental process.Greg's system is an example of a _________.

Which of the following is considered a good?

Which of the following represents a reason why competitive advantages are typically temporary?

Your boss,Kerry Miller,has asked you to analyze the soft drink industry using Porter's Five Forces model.Which of the following represents supplier power in the soft drink industry?

Your boss,Ty Jacob,has asked you to analyze the music industry using Porter's Five Forces model.Which of the following represents supplier power in the music industry?