Exam 2: Information Systems and Strategy

Which of the following is a key attribute of the low-cost leadership strategy?

Explain the power of buyers.

Differentiating the product or service for a particular segment of the market is called a ________.

E-government involves efforts to make unclassified information available to citizens via the Internet.

Which of the following best describes the primary goal of a focused niche strategy?

Network effects refer to the ability of a product to fit into a new system.

Explain the threat of new entrants to businesses.

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

Do you think the strategic importance of IT has reduced? Explain your answer.

The power of suppliers is high when there are many suppliers in a market.

Which of the following is a tool used to reduce health care costs by digitizing patient history?

Since the operational requirements for nonprofits are completely different from businesses, information systems do not offer any strategic uses to nonprofits.

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

________ is a reference point used as a baseline measurement.

Rivalry within an industry will be high if firms compete mainly on price.

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

Government action can influence how Porter's five forces operate in industries.

What are network effects? Provide an example.

Which of the following is the best example of an attempt to create network effects?

In cloud computing, employees use information systems that are ________.