Exam 2: Gaining Competitive Advantage Through Information Systems

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________ is the process of analyzing an organization's activities to determine where value is added to products and/or services and what costs are incurred for doing so.

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A home-replication strategy can be referred to as an international strategy.

(True/False)
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Ben White is the manager of a retail store.His work typically includes the routine,day-to-day interactions with customers and,once in a while,solving a customer's problem or dealing with a dissatisfied customer.Additionally,he has to keep track of inventory and issue an order for additional inventory with levels below a specified level.Ben is a(n)________ level manager.

(Multiple Choice)
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With respect to general approaches for applying freeconomics to various industries,sale price of one item being reduced in order to sell something else of value is called ________ approach.

(Multiple Choice)
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The managerial level of an organization is also known as the ________ level.

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Tactical-level decision making is more structured and routine than operational-level decision making.

(True/False)
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Freeconomics is the leveraging of digital technologies to ________.

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Which of the following international business strategies is the most basic form of going global?

(Multiple Choice)
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While assessing value of the IS infrastructure,________ value is derived from assessing the extent to which an investment helps to meet requirements for control,security,and integrity as required by a governing body or a key customer.

(Multiple Choice)
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Which of the following defines marginal cost?

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Managers at the ________ level include the president and chief executive officer,vice presidents,and possibly the board of directors.

(Multiple Choice)
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With respect to decision making in organizations,________ decisions are those in which the procedures to follow for a given situation can be specified in advance.

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Information systems at the ________ level are designed to automate repetitive activities,such as sales transaction processing,and to improve the efficiency of business processes and the customer interface.

(Multiple Choice)
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Which of the following actions would an organization take if it decides to pursue a best-cost provider strategy?

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________ are new technologies,products,or services that eventually surpass the existing dominant technology or product in a market.

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Managerial-level decision making is referred to as semistructured decision making.

(True/False)
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Managers in the ________ level of an organization are referred to as "executives."

(Multiple Choice)
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Walmart pursues a ________ strategy,by which it offers the best prices in its industry on its goods and/or services.

(Multiple Choice)
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According to the disruptive growth engine,executive leadership will allow a firm to ________.

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Organizational learning is the ability of an organization to use past behavior and information to improve its business processes.

(True/False)
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