Question 1

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

Accepted Answer

Business

Question 2

Job titles, roles, and responsibilities do not differ from organization to organization.

Accepted Answer

A) True 
 B)False  False

Question 3

Who is responsible for ensuring the ethical and legal use of information within an organization?

Accepted Answer

A)  CIO 
B)  CTO 
C)  CPO 
D)  CSO 
A)  CIO 
B)  CTO 
C)  CPO 
D)  CSO C

Question 4

____________ are raw facts that describe the characteristics of an event.

Accepted Answer

The answer of ____________ are raw facts that describe the...

Question 5

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

Accepted Answer

A)  Management information systems (MIS) 
B)  Information systems (IS) 
C)  Information technology (IT) 
D)  All of the above 
A)  Management information systems (MIS) 
B)  Information systems (IS) 
C)  Information technology (IT) 
D)  All of the above

Question 6

Broad functions of a CIO include all of the following, except:

Accepted Answer

A)  Ensuring the delivery of all IT projects, on time and within budget 
B)  Ensuring that the strategic vision of IT is in line with the strategic vision of the organization 
C)  Building and maintaining strong executive relationships 
D)  Building and maintaining strong customer processes 
A)  Ensuring the delivery of all IT projects, on time and within budget 
B)  Ensuring that the strategic vision of IT is in line with the strategic vision of the organization 
C)  Building and maintaining strong executive relationships 
D)  Building and maintaining strong customer processes

Question 7

Which approach views an organization as a series of process, each of which adds value to the product or service for each customer?

Accepted Answer

A)  Low cost strategy 
B)  Business process 
C)  Value chain 
D)  First-mover advantage 
A)  Low cost strategy 
B)  Business process 
C)  Value chain 
D)  First-mover advantage

Question 8

____________ information systems is the function that plans for, develops implements, and maintains IT hardware, software, and applications that people use to support the goals of an organization.

Accepted Answer

The answer of ____________ information systems is the function that...

Question 9

Distinguish between Information Systems and Information Technology.

Accepted Answer

Information systems (IS) are computer-ba

Question 10

The Five Forces Model, the three generic strategies, and value chain analysis are all methods by which organizations can assess their _________________________.

Accepted Answer

A)  Market share 
B)  Information systems 
C)  Profitability 
D)  Competitive advantage 
A)  Market share 
B)  Information systems 
C)  Profitability 
D)  Competitive advantage

Question 11

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

Accepted Answer

A)  Information-functional culture 
B)  Information-sharing culture 
C)  Information-inquiring culture 
D)  Information-discovery culture 
A)  Information-functional culture 
B)  Information-sharing culture 
C)  Information-inquiring culture 
D)  Information-discovery culture

Question 12

____________ is data converted into a meaningful and useful context.

Accepted Answer

The answer of ____________ is data converted into a meaningful...

Question 13

Which of the following is not one of Thomas Friedman's 10 forces that flattened the world?

Accepted Answer

A)  Netscape IPO 
B)  Fall of the Berlin wall 
C)  Microsoft IPO 
D)  Wireless 
A)  Netscape IPO 
B)  Fall of the Berlin wall 
C)  Microsoft IPO 
D)  Wireless

Question 14

All of the following are part of Porter's Three Generic Strategies, except:

Accepted Answer

A)  Broad cost leadership 
B)  Broad differentiation 
C)  Focused strategy 
D)  Business process strategy 
A)  Broad cost leadership 
B)  Broad differentiation 
C)  Focused strategy 
D)  Business process strategy

Question 15

Which of the following is considered knowledge?

Accepted Answer

A)  Quantity sold 
B)  Date sold 
C)  Best selling item 
D)  Historical trend of quantity sold 
A)  Quantity sold 
B)  Date sold 
C)  Best selling item 
D)  Historical trend of quantity sold

Question 16

Describe the gap between business personnel and IT personnel and what an organization can do to close this gap.

Accepted Answer

Business personnel possess expertise in

Question 17

A reverse auction is an auction format in which increasingly lower bids are solicited from organizations willing to supply the desired product or service at an increasingly ________ price.

Accepted Answer

The answer of A reverse auction is an auction format...

Question 18

Which information culture encourages employees across departments to be open to new insights about crisis and radical changes and seek ways to create competitive advantages?

Accepted Answer

A)  Information-functional culture 
B)  Information-sharing culture 
C)  Information-inquiring culture 
D)  Information-discovery culture 
A)  Information-functional culture 
B)  Information-sharing culture 
C)  Information-inquiring culture 
D)  Information-discovery culture

Question 19

What is a business-to-business marketplace?

Accepted Answer

A)  An Internet-based service that brings together many buyers 
B)  A personal business that brings together many sellers 
C)  An Internet-based service that brings together many buyers and sellers 
D)  A personal business that brings together many buyers and sellers 
A)  An Internet-based service that brings together many buyers 
B)  A personal business that brings together many sellers 
C)  An Internet-based service that brings together many buyers and sellers 
D)  A personal business that brings together many buyers and sellers

Question 20

What is data that has been converted into meaningful and useful context?

Accepted Answer

A)  Information 
B)  Knowledge 
C)  Information systems 
D)  All of the above 
A)  Information 
B)  Knowledge 
C)  Information systems 
D)  All of the above

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

Job titles, roles, and responsibilities do not differ from organization to organization.

Who is responsible for ensuring the ethical and legal use of information within an organization?

____________ are raw facts that describe the characteristics of an event.

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

Broad functions of a CIO include all of the following, except:

Which approach views an organization as a series of process, each of which adds value to the product or service for each customer?

____________ information systems is the function that plans for, develops implements, and maintains IT hardware, software, and applications that people use to support the goals of an organization.

Distinguish between Information Systems and Information Technology.

The Five Forces Model, the three generic strategies, and value chain analysis are all methods by which organizations can assess their _________________________.

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

____________ is data converted into a meaningful and useful context.

Which of the following is not one of Thomas Friedman's 10 forces that flattened the world?

All of the following are part of Porter's Three Generic Strategies, except:

Which of the following is considered knowledge?

Describe the gap between business personnel and IT personnel and what an organization can do to close this gap.

A reverse auction is an auction format in which increasingly lower bids are solicited from organizations willing to supply the desired product or service at an increasingly ________ price.

Which information culture encourages employees across departments to be open to new insights about crisis and radical changes and seek ways to create competitive advantages?

What is a business-to-business marketplace?

What is data that has been converted into meaningful and useful context?

Charting a Companys Direction: Its Vision, Mission, Objectives, and Strategy

Evaluating a Companys External Environment

Evaluating a Companys Resources, Capabilities, and Competitiveness

The Five Generic Competitive Strategies

Strengthening a Companys Competitive Position

Strategies for Competing in International Markets

Corporate Strategy

Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy

Building an Organization Capable of Good Strategy Execution

Managing Internal Operations

Corporate Culture and Leadership

Filters

Exam 1: What Is Strategy and Why Is It Important

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

Job titles, roles, and responsibilities do not differ from organization to organization.

Who is responsible for ensuring the ethical and legal use of information within an organization?

____________ are raw facts that describe the characteristics of an event.

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

Broad functions of a CIO include all of the following, except:

Which approach views an organization as a series of process, each of which adds value to the product or service for each customer?

____________ information systems is the function that plans for, develops implements, and maintains IT hardware, software, and applications that people use to support the goals of an organization.

Distinguish between Information Systems and Information Technology.

The Five Forces Model, the three generic strategies, and value chain analysis are all methods by which organizations can assess their _________________________.

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

____________ is data converted into a meaningful and useful context.

Which of the following is not one of Thomas Friedman's 10 forces that flattened the world?

All of the following are part of Porter's Three Generic Strategies, except:

Which of the following is considered knowledge?

Describe the gap between business personnel and IT personnel and what an organization can do to close this gap.

A reverse auction is an auction format in which increasingly lower bids are solicited from organizations willing to supply the desired product or service at an increasingly ________ price.

Which information culture encourages employees across departments to be open to new insights about crisis and radical changes and seek ways to create competitive advantages?

What is a business-to-business marketplace?

What is data that has been converted into meaningful and useful context?

Charting a Companys Direction: Its Vision, Mission, Objectives, and Strategy

Evaluating a Companys External Environment

Evaluating a Companys Resources, Capabilities, and Competitiveness

The Five Generic Competitive Strategies

Strengthening a Companys Competitive Position

Strategies for Competing in International Markets

Corporate Strategy

Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy

Building an Organization Capable of Good Strategy Execution

Managing Internal Operations

Corporate Culture and Leadership

Filters