Exam 11: Developing Businessit Strategies

Moving to an e-business environment involves a lot of procedural changes, but no major organizational change.

The business/IT planning process focuses on discovering innovative approaches to satisfying a company's customer value and business value goals.

Having a _______________ perspective means measuring the company's learning curve, such as the time spent on staff training.

_______________ are areas of substandard business performance compared to others in the industry or market segments.

_______________ planning is done on a short-term basis to implement and control day-to-day operations.

The _______________ model uses the Internet to reduce search costs and offers the customer a unified process for collecting information necessary to make a large purchase.

The _______________ component of the information technology architecture includes business applications designed as an integrated architecture of enterprise systems that support strategic business initiatives.

Strategic business/IT planning involves an evaluation of the potential benefits and __________ a company faces when using IT-based strategies and technologies for competitive advantage.

All of the following are examples of the actions that would normally be taken while defining a change strategy except:

_______________ are core competencies and resources where a firm is a market or industry leader.

Systems that tend to inconvenience or frustrate users cannot be effective, no matter how technically elegant they are or how efficiently they process data.

Widespread internal use of Internet-based technologies, such as intranets and extranets, can substantially improve information sharing and _______________ within the business and with its trading partners.

Which of the following questions best represents the sustainability component of a business model?

The business case for investing in proposed e-business development projects is evaluated by company executives and business unit managers based on the strategic business priorities that they decide are most desirable or necessary at that point in time.

According to the text case, Avnet Marshall implemented their various e-business and e-commerce applications through several _______________.

Implementing new e-business strategies and applications is only the latest catalyst for major organizational changes; many large, global companies have undergone multiple major organizational changes since the 1980s.

Implementing new business/IT strategies requires managing the effects of major changes in _______________.

The question "How many new activities must be performed as a result of the Internet?" best represents the _______________ component of e-business models.

_______________ are the potential for business and market losses posed by competitors, competitive forces, government, or disruptive technologies.

A company that enters the _______________ quadrant of a strategic positioning matrix has a high degree of internal connectivity and pressures to improve its business processes.