Question 1

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

Accepted Answer

A)  lack of shareholders 
B)  lack of target customers 
C)  lack of stakeholders 
D)  lack of products or services 
A)  lack of shareholders 
B)  lack of target customers 
C)  lack of stakeholders 
D)  lack of products or services

Question 2

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

Accepted Answer

A)  IT resources are available to all the players in a market. 
B)  Implementation of IT resources increases employee productivity. 
C)  Technology helps organizations perform better than their competitors. 
D)  Most IT investments are applied to growing and transforming an organization. 
A)  IT resources are available to all the players in a market. 
B)  Implementation of IT resources increases employee productivity. 
C)  Technology helps organizations perform better than their competitors. 
D)  Most IT investments are applied to growing and transforming an organization.

Question 3

In the context of Porter's five forces, what impact will patents have on a business?

Accepted Answer

A)  Patents will increase market competition. 
B)  Patents will increase the number of substitutes for a given product. 
C)  Patents will reduce the threat of new entrants in an industry. 
D)  Patents will reduce the bargaining power of suppliers. 
A)  Patents will increase market competition. 
B)  Patents will increase the number of substitutes for a given product. 
C)  Patents will reduce the threat of new entrants in an industry. 
D)  Patents will reduce the bargaining power of suppliers.

Question 4

Which of the following is an example of a disruptive innovation?

Accepted Answer

A)  LCD monitors replaced CRT monitors in televisions. 
B)  Apple launched iPhone 4 replacing iPhone 3. 
C)  Ford introduced small cars for the middle class. 
D)  Land Rover markets most of its four-wheel drives in high-altitude regions. 
A)  LCD monitors replaced CRT monitors in televisions. 
B)  Apple launched iPhone 4 replacing iPhone 3. 
C)  Ford introduced small cars for the middle class. 
D)  Land Rover markets most of its four-wheel drives in high-altitude regions.

Question 5

Which of the following is true according to Porter's model?

Accepted Answer

A)  When start-up costs are low, the threat of new entrants to existing businesses is high. 
B)  The power of buyers reduces when deep discounts can be demanded of suppliers. 
C)  The power of suppliers is high when constant competition forces them to innovate. 
D)  The threat of substitutes is high when there are very few alternative products. 
A)  When start-up costs are low, the threat of new entrants to existing businesses is high. 
B)  The power of buyers reduces when deep discounts can be demanded of suppliers. 
C)  The power of suppliers is high when constant competition forces them to innovate. 
D)  The threat of substitutes is high when there are very few alternative products.

Question 6

A disruptive innovation is ________.

Accepted Answer

A)  a new product or service that is harmful to the people or society 
B)  a method used in production that raises environmental concerns 
C)  a new product or service that has the potential to reshape an industry 
D)  a technology that increases switching costs and entry barriers for newcomers 
A)  a new product or service that is harmful to the people or society 
B)  a method used in production that raises environmental concerns 
C)  a new product or service that has the potential to reshape an industry 
D)  a technology that increases switching costs and entry barriers for newcomers

Question 7

How did online markets affect the dynamics between buyers and suppliers?

Accepted Answer

A)  It decreased the threat of new entrants in many industries. 
B)  It reduced the network effects of many products. 
C)  It increased the costs of switching. 
D)  It granted more power to the buyers. 
A)  It decreased the threat of new entrants in many industries. 
B)  It reduced the network effects of many products. 
C)  It increased the costs of switching. 
D)  It granted more power to the buyers.

Question 8

A low-cost leadership strategy means offering a highly differentiated product at a price that is lower than the market price.

Accepted Answer

A) True 
 B)False

Question 9

Explain the importance of IT for nonprofit organizations.

Accepted Answer

While nonprofit organizations have no sh

Question 10

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

Accepted Answer

A)  The value chain ends when the customer buys a product. 
B)  The value chain includes primary and support activities used to produce a product. 
C)  The value chain's extended activities neither offer strategic opportunities nor risks. 
D)  The value chain does not involve the intermediaries that a company maintains. 
A)  The value chain ends when the customer buys a product. 
B)  The value chain includes primary and support activities used to produce a product. 
C)  The value chain's extended activities neither offer strategic opportunities nor risks. 
D)  The value chain does not involve the intermediaries that a company maintains.

Question 11

What impact does the ecosystem have on businesses?

Accepted Answer

Companies are embedded in a complex ecos

Question 12

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?

Accepted Answer

A)  Large IT investments are essential for the success of a company in today's business environment. 
B)  Although many technologies are commodities, the ability to extract their value requires human imagination. 
C)  Very little of the IT spending in today's business environment is concentrated on running a business. 
D)  IT investments must be made on the most modern technology available in the market. 
A)  Large IT investments are essential for the success of a company in today's business environment. 
B)  Although many technologies are commodities, the ability to extract their value requires human imagination. 
C)  Very little of the IT spending in today's business environment is concentrated on running a business. 
D)  IT investments must be made on the most modern technology available in the market.

Question 13

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

Accepted Answer

A)  The power of suppliers 
B)  The threat of substitutes 
C)  Network effects 
D)  The switching cost 
A)  The power of suppliers 
B)  The threat of substitutes 
C)  Network effects 
D)  The switching cost

Question 14

"Low-cost leaders must automate their processes." Which of the following is the most compelling reason to support this argument?

Accepted Answer

A)  Automation will help them differentiate their products. 
B)  Automation will help them reach a wider target audience. 
C)  Automation will help them eliminate human labor in certain activities. 
D)  Automation will help them improve their brand image. 
A)  Automation will help them differentiate their products. 
B)  Automation will help them reach a wider target audience. 
C)  Automation will help them eliminate human labor in certain activities. 
D)  Automation will help them improve their brand image.

Question 15

Creative destruction refers to an innovation that fails miserably and leads to huge losses within the industry.

Accepted Answer

A) True 
 B)False

Question 16

Videoconferencing has evolved as an alternative for business travel. This best illustrates ________.

Accepted Answer

A)  the threat of substitutes in a market 
B)  the absence of network effects 
C)  monopolistic competition in markets 
D)  increased power of the suppliers 
A)  the threat of substitutes in a market 
B)  the absence of network effects 
C)  monopolistic competition in markets 
D)  increased power of the suppliers

Question 17

Carbon Automotive manufactures engines for different cars. The company supplies its products to leading car manufacturers in Europe and America. Which of the following statements indicates that Carbon has high bargaining power?

Accepted Answer

A)  Carbon has only four customers and all of them are large companies. 
B)  Carbon's customers do not expect differentiation in its engines from one vehicle to another. 
C)  The selling point of many cars is that they contain Carbon engines. 
D)  The automobile industry in the U.S. is characterized by low levels of competition. 
A)  Carbon has only four customers and all of them are large companies. 
B)  Carbon's customers do not expect differentiation in its engines from one vehicle to another. 
C)  The selling point of many cars is that they contain Carbon engines. 
D)  The automobile industry in the U.S. is characterized by low levels of competition.

Question 18

Explain Porter's value chain model and the types of activities involved in it.

Accepted Answer

Porter's value chain model describes the

Question 19

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

Accepted Answer

A)  It includes efforts to make classified information available to the general public. 
B)  It saves people the time spent in commuting to and waiting at government offices. 
C)  It is limited to issues such as e-governance and tax collection, whereas nonprofits involve a larger variety of issues. 
D)  It addresses issues that are strategic in nature, whereas nonprofits use IT to address issues that are operational in nature. 
A)  It includes efforts to make classified information available to the general public. 
B)  It saves people the time spent in commuting to and waiting at government offices. 
C)  It is limited to issues such as e-governance and tax collection, whereas nonprofits involve a larger variety of issues. 
D)  It addresses issues that are strategic in nature, whereas nonprofits use IT to address issues that are operational in nature.

Question 20

IT acts as a strategic enabler when ________.

Accepted Answer

A)  a company's average IT spending per employee is very low 
B)  it focuses on the growth of an organization 
C)  it is used to create work schedules 
D)  employees learn to use IT services 
A)  a company's average IT spending per employee is very low 
B)  it focuses on the growth of an organization 
C)  it is used to create work schedules 
D)  employees learn to use IT services

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

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

In the context of Porter's five forces, what impact will patents have on a business?

Which of the following is an example of a disruptive innovation?

Which of the following is true according to Porter's model?

A disruptive innovation is ________.

How did online markets affect the dynamics between buyers and suppliers?

A low-cost leadership strategy means offering a highly differentiated product at a price that is lower than the market price.

Explain the importance of IT for nonprofit organizations.

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

What impact does the ecosystem have on businesses?

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

"Low-cost leaders must automate their processes." Which of the following is the most compelling reason to support this argument?

Creative destruction refers to an innovation that fails miserably and leads to huge losses within the industry.

Videoconferencing has evolved as an alternative for business travel. This best illustrates ________.

Carbon Automotive manufactures engines for different cars. The company supplies its products to leading car manufacturers in Europe and America. Which of the following statements indicates that Carbon has high bargaining power?

Explain Porter's value chain model and the types of activities involved in it.

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

IT acts as a strategic enabler when ________.

Information Systems and People

Information and Communications Technologies: The Enterprise Architecture

Databases and DataWarehouses

Information Systems for the Enterprise

The Web, E-Commerce, and M-Commerce

Business Intelligence and Decision Making

Collaborating with Technology

Knowledge Management and E-Learning

Ethics, Privacy, and Security

Systems Development and Procurement

Project Management and Strategic Planning

Filters

Exam 2: Information Systems and Strategy

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

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

In the context of Porter's five forces, what impact will patents have on a business?

Which of the following is an example of a disruptive innovation?

Which of the following is true according to Porter's model?

A disruptive innovation is ________.

How did online markets affect the dynamics between buyers and suppliers?

A low-cost leadership strategy means offering a highly differentiated product at a price that is lower than the market price.

Explain the importance of IT for nonprofit organizations.

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

What impact does the ecosystem have on businesses?

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

"Low-cost leaders must automate their processes." Which of the following is the most compelling reason to support this argument?

Creative destruction refers to an innovation that fails miserably and leads to huge losses within the industry.

Videoconferencing has evolved as an alternative for business travel. This best illustrates ________.

Carbon Automotive manufactures engines for different cars. The company supplies its products to leading car manufacturers in Europe and America. Which of the following statements indicates that Carbon has high bargaining power?

Explain Porter's value chain model and the types of activities involved in it.

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

IT acts as a strategic enabler when ________.

Information Systems and People

Information and Communications Technologies: The Enterprise Architecture

Databases and DataWarehouses

Information Systems for the Enterprise

The Web, E-Commerce, and M-Commerce

Business Intelligence and Decision Making

Collaborating with Technology

Knowledge Management and E-Learning

Ethics, Privacy, and Security

Systems Development and Procurement

Project Management and Strategic Planning

Filters