Question 1

Why do students need to study information technology?

Accepted Answer

A) Information technology is everywhere in business 
B) Information technology is frequently discussed in business 
C) Information technology is frequently used in organizations 
D) All of the above. 
A) Information technology is everywhere in business 
B) Information technology is frequently discussed in business 
C) Information technology is frequently used in organizations 
D) All of the above.

Question 2

__________ value activities found at the bottom of the value chain,these include business processes that acquire raw materials and manufacture,deliver,market,sell,and provide after-sales services.

Accepted Answer

The answer of __________ value activities found at the bottom...

Question 3

Top managers use __________ intelligence to define the future of the business,analyzing markets,industries,and economies.

Accepted Answer

The answer of Top managers use __________ intelligence to define...

Question 4

Apple utilized the first-mover ________ with its iPod product.

Accepted Answer

The answer of Apple utilized the first-mover ________ with its...

Question 5

__________ power measures the ability of buyers to affect the price they must pay for an item.

Accepted Answer

The answer of __________ power measures the ability of buyers...

Question 6

Firm infrastructure and human resource management are part of the support value activities.

Accepted Answer

A) True 
 B)False

Question 7

Mark Peterson identified the Porter's Five Forces Model which analyzes the competitive forces within a business environment.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) Information. 
B) Business Intelligence. 
C) Knowledge. 
D) All of the above. 
A) Information. 
B) Business Intelligence. 
C) Knowledge. 
D) All of the above.

Question 9

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Accepted Answer

A) True 
 B)False

Question 10

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?

Accepted Answer

A) Established record labels like EMI,Sony,Universal. 
B) Walmart,Target,iTunes. 
C) Game systems like Wii,social networks like Facebook. 
D) Taylor Swift,Beyonce,The Beatles,The Stones. 
A) Established record labels like EMI,Sony,Universal. 
B) Walmart,Target,iTunes. 
C) Game systems like Wii,social networks like Facebook. 
D) Taylor Swift,Beyonce,The Beatles,The Stones.

Question 11

A primary value activity is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Accepted Answer

A) True 
 B)False

Question 12

Some industries' competition is much more intense than others.Retail grocery stores such as Kroger,Safeway,and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete.What is this an example of in terms of Porter's Five Forces?

Accepted Answer

A) Rivalry among new entrants. 
B) Rivalry among existing competitors. 
C) Threat of substitute products or services. 
D) Buyer power. 
A) Rivalry among new entrants. 
B) Rivalry among existing competitors. 
C) Threat of substitute products or services. 
D) Buyer power.

Question 13

Which of the following is considered data?

Accepted Answer

A) Quantity sold 
B) Best customer by month 
C) Best selling item by month 
D) Worst selling item by month 
A) Quantity sold 
B) Best customer by month 
C) Best selling item by month 
D) Worst selling item by month

Question 14

The Chief ___________ Officer is responsible for collecting,maintaining,and distributing company knowledge.

Accepted Answer

The answer of The Chief ___________ Officer is responsible for...

Question 15

Assume you are in the business of producing and selling hamburgers.If you could produce more hamburgers with the same input what would happen to your productivity and profits assuming the price of your hamburgers remains the same?

Accepted Answer

A) Increase in productivity,decrease in profits 
B) Increase in productivity,increase in profits 
C) Decrease in productivity,decrease in profits 
D) Decrease in productivity,increase in profits 
A) Increase in productivity,decrease in profits 
B) Increase in productivity,increase in profits 
C) Decrease in productivity,decrease in profits 
D) Decrease in productivity,increase in profits

Question 16

Broad differentiation,broad cost leadership,and _________ create the three generic strategies identified by Porter.

Accepted Answer

A) Narrow market leadership 
B) High cost versus low cost 
C) Focused strategy 
D) None of the above 
A) Narrow market leadership 
B) High cost versus low cost 
C) Focused strategy 
D) None of the above

Question 17

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

Accepted Answer

A) Chief Knowledge Officer (CKO). 
B) Chief Privacy Officer (CPO). 
C) Chief Technology Officer (CTO). 
D) Chief Information Officer (CIO). 
A) Chief Knowledge Officer (CKO). 
B) Chief Privacy Officer (CPO). 
C) Chief Technology Officer (CTO). 
D) Chief Information Officer (CIO).

Question 18

Explain why competitive advantages are temporary.

Accepted Answer

A competitive advantage is a feature of

Question 19

If you were thinking about a home theater system which of the following represents the outputs?

Accepted Answer

A) The DVD player,DVD movie,speakers,TV,and electricity. 
B) Playing the movie including the audio through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play,pause,rewind,or fast forward. 
A) The DVD player,DVD movie,speakers,TV,and electricity. 
B) Playing the movie including the audio through the speakers and the video on the TV. 
C) A message stating that the disk is dirty and cannot be played. 
D) Spinning the disk to play,pause,rewind,or fast forward.

Question 20

Which of the following offers an example where Porter's five forces are mostly weak and competition is low?

Accepted Answer

A) An international hotel chain purchasing milk. 
B) A coffee shop. 
C) A single consumer purchasing milk. 
D) A dog walking business. 
A) An international hotel chain purchasing milk. 
B) A coffee shop. 
C) A single consumer purchasing milk. 
D) A dog walking business.

Why do students need to study information technology?

__________ value activities found at the bottom of the value chain,these include business processes that acquire raw materials and manufacture,deliver,market,sell,and provide after-sales services.

Top managers use __________ intelligence to define the future of the business,analyzing markets,industries,and economies.

Apple utilized the first-mover ________ with its iPod product.

__________ power measures the ability of buyers to affect the price they must pay for an item.

Firm infrastructure and human resource management are part of the support value activities.

Mark Peterson identified the Porter's Five Forces Model which analyzes the competitive forces within a business environment.

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

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

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?

A primary value activity is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Some industries' competition is much more intense than others.Retail grocery stores such as Kroger,Safeway,and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete.What is this an example of in terms of Porter's Five Forces?

Which of the following is considered data?

The Chief ___________ Officer is responsible for collecting,maintaining,and distributing company knowledge.

Assume you are in the business of producing and selling hamburgers.If you could produce more hamburgers with the same input what would happen to your productivity and profits assuming the price of your hamburgers remains the same?

Broad differentiation,broad cost leadership,and _________ create the three generic strategies identified by Porter.

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

Explain why competitive advantages are temporary.

If you were thinking about a home theater system which of the following represents the outputs?

Which of the following offers an example where Porter's five forces are mostly weak and competition is low?

Decisions Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Filters

Exam 1: Management Information Systems: Business Driven MIS

Why do students need to study information technology?

__________ value activities found at the bottom of the value chain,these include business processes that acquire raw materials and manufacture,deliver,market,sell,and provide after-sales services.

Top managers use __________ intelligence to define the future of the business,analyzing markets,industries,and economies.

Apple utilized the first-mover ________ with its iPod product.

__________ power measures the ability of buyers to affect the price they must pay for an item.

Firm infrastructure and human resource management are part of the support value activities.

Mark Peterson identified the Porter's Five Forces Model which analyzes the competitive forces within a business environment.

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

A business process is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

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?

A primary value activity is a standardized set of activities that accomplish a specific task,such as processing a customer's order.

Some industries' competition is much more intense than others.Retail grocery stores such as Kroger,Safeway,and Albertson's in the United States experience fierce competition and offer similar marketing campaigns to compete.What is this an example of in terms of Porter's Five Forces?

Which of the following is considered data?

The Chief ___________ Officer is responsible for collecting,maintaining,and distributing company knowledge.

Assume you are in the business of producing and selling hamburgers.If you could produce more hamburgers with the same input what would happen to your productivity and profits assuming the price of your hamburgers remains the same?

Broad differentiation,broad cost leadership,and _________ create the three generic strategies identified by Porter.

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

Explain why competitive advantages are temporary.

If you were thinking about a home theater system which of the following represents the outputs?

Which of the following offers an example where Porter's five forces are mostly weak and competition is low?

Decisions Processes: Value Driven Business

Ebusiness: Electronic Business Value

Ethics Information Security: MIS Business Concerns

Infrastructures: Sustainable Technologies

Data: Business Intelligence

Networks: Mobile Business

Enterprise Applications: Business Communications

Systems Development and Project Management: Corporate Responsibility

Filters