Exam 2: Information Systems and Strategy

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The activities that are directly related to the process by which products and services are created, marketed, sold, and delivered are called ________ activities.

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________ is high in an industry when alternative products that offer attractive savings are available.

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If a supplier has a limited number of buyers, then the ________.

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Which of the following typically is the biggest cost component in an organization's IT spending?

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Which of the following statements is true of e-government?

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Which of the following statements is true of the value chain?

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"IT resources have become a commodity." Which of the following statements best supports this claim?

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Which of the following is a feature of nonprofit organizations that differentiates them from for-profit organizations?

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eBay's customers enrich the website by reviewing products that they purchase. These reviews are used by buyers to evaluate the sellers on eBay. eBay also provides special privileges to sellers who have higher ratings. This is an example of ________.

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Which of the following governmental actions will increase the threat of new entrants in a market?

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Which of the following is most closely associated with sustaining technologies?

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Melloc is one of many suppliers selling milk to retail customers. Since there are many sellers, price is a major determinant of market success. Which of the following statements about Melloc is true?

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Differentiating the product or service for a particular market niche is called product differentiation strategy.

(True/False)
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A disruptive innovation is ________.

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How can a company avoid the trap of competing only on price?

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Explain the threat of new entrants to businesses.

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A value chain can be extended by incorporating feedback from customers.

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Which of the following is true of an ecosystem?

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CopyIT, a copy machine manufacturing company, sustains its investment in technological innovation, particularly in areas such as color science, digital imaging, and nanotechnology. These strategic investments, made only in specific areas, keep the company ahead of the competition. Which of the following messages does this example convey?

(Multiple Choice)
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Which of the following is essential if an organization has to follow a low-cost leadership strategy?

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