Question 1

SCM stands for ________________.

Accepted Answer

The answer of SCM stands for ________________....

Question 2

Unlike most assets,information resources do not lose value over time.

Accepted Answer

A) True 
 B)False

Question 3

Zara's use of information recourses has given it a substantial advantage over its competitors.

Accepted Answer

A) True 
 B)False

Question 4

A company that is in a market with few buying options for the consumer is experiencing which one of Porter's Five Competitive Forces?

Accepted Answer

A)  Bargaining power of suppliers 
B)  Threat of substitute products 
C)  Potential threat of new entrants 
D)  Bargaining power of buyers 
E)  Industry competitors

Question 5

List the three IS tools used to optimize the operations of a firm's value chain.

Accepted Answer

The answer of List the three IS tools used to...

Question 6

A firm's IS strategy and business strategy focus more on its external requirements than internal requirements.

Accepted Answer

A) True 
 B)False

Question 7

Which "view," applied in the area of Information Systems,helps identify two subsets of information resources: those that enable a firm to attain competitive advantage and those that enable a firm to sustain the advantage over the long-term?

Accepted Answer

A)  Resource-Based View 
B)  Information-System View 
C)  Information-Resource View 
D)  System-Based View 
E)  Organization View

Question 8

Why is it that more and more firms need to co-create their business and IS strategy?

Accepted Answer

The answer of Why is it that more and more...

Question 9

Provide an example of two companies that have built a strategic alliance.Briefly explain the benefits of the relationship.

Accepted Answer

The answer of Provide an example of two companies that...

Question 10

Which part of the value chain includes the manufacturing of goods?

Accepted Answer

A)  Inbound Logistics 
B)  Outbound Logistics 
C)  Operations 
D)  Service 
E)  Organization

Question 11

Match Zara's support activity to the Porter's value chain activity it represents.

Accepted Answer

The answer of Match Zara's support activity to the Porter's...

Question 12

Partnering with a competitor is becoming more and more common in today's integrated,technology-based environment.This type of collaboration with a competitor is uniquely described as:

Accepted Answer

A)  Co-opetition 
B)  Integrated supply chain 
C)  Business process 
D)  Strategic alliance 
E)  Value proposition

Question 13

Explain how Zara has aligned its information systems strategy with its business strategy

Accepted Answer

The answer of Explain how Zara has aligned its information...

Question 14

This risk of using information resources must be carefully considered by managers due to the rapid spread of applications on smartphones and tablet devices.

Accepted Answer

A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Delivering a strategic coup 
D)  Mobile-based alternatives remove advantages 
E)  Equal access competition

Question 15

The Nike + iPod Sports Kit is a sensor in your shoe that syncs with your iPod and provides details about your workout.This inter-organizational relationship affords both Nike and Apple a business advantage. This relationship between Nike and Apple is best described as:

Accepted Answer

A)  Strategic alliance 
B)  Co-opetition 
C)  Collaboration 
D)  Dependence 
E)  Competition

Question 16

Porter's value chain framework suggests that a competitive advantage can stem from:

Accepted Answer

A)  Lowering costs and adding value 
B)  Reducing isolated costs 
C)  Disregarding customer data 
D)  Optimizing internal costs 
E)  Improving customer service

Question 17

A firm that acquires a supplier is looking to reduce the "bargaining power of suppliers" force.

Accepted Answer

A) True 
 B)False

Question 18

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer.This would be which type of risk?

Accepted Answer

A)  Demonstrating bad timing 
B)  Awakening a sleeping giant 
C)  Mobile-based alternative removes advantages 
D)  Running afoul of the law 
E)  Implementing IS poorly

Question 19

Over the different eras,organizations have adapted their information systems strategy as technologies have matured.Place these different needs satisfied by information systems in order of maturity.In other words,which need is most likely the first need to be satisfied by an organization?

Accepted Answer

The answer of Over the different eras,organizations have adapted their...

Question 20

Social capital is a valuable resource for businesses.Match the category of social capital with the questions is seeks to answer.

Accepted Answer

The answer of Social capital is a valuable resource for...

Exam 2: Strategic Use of Information Resources in a Global Economy

SCM stands for ________________.

Unlike most assets,information resources do not lose value over time.

Zara's use of information recourses has given it a substantial advantage over its competitors.

A company that is in a market with few buying options for the consumer is experiencing which one of Porter's Five Competitive Forces?

List the three IS tools used to optimize the operations of a firm's value chain.

A firm's IS strategy and business strategy focus more on its external requirements than internal requirements.

Which "view," applied in the area of Information Systems,helps identify two subsets of information resources: those that enable a firm to attain competitive advantage and those that enable a firm to sustain the advantage over the long-term?

Why is it that more and more firms need to co-create their business and IS strategy?

Provide an example of two companies that have built a strategic alliance.Briefly explain the benefits of the relationship.

Which part of the value chain includes the manufacturing of goods?

Match Zara's support activity to the Porter's value chain activity it represents.

Partnering with a competitor is becoming more and more common in today's integrated,technology-based environment.This type of collaboration with a competitor is uniquely described as:

Explain how Zara has aligned its information systems strategy with its business strategy

This risk of using information resources must be carefully considered by managers due to the rapid spread of applications on smartphones and tablet devices.

The Nike + iPod Sports Kit is a sensor in your shoe that syncs with your iPod and provides details about your workout.This inter-organizational relationship affords both Nike and Apple a business advantage. This relationship between Nike and Apple is best described as:

Porter's value chain framework suggests that a competitive advantage can stem from:

A firm that acquires a supplier is looking to reduce the "bargaining power of suppliers" force.

A firm releases a new technology only to have a competitor implement a similar technology with more features and value to the consumer.This would be which type of risk?

Over the different eras,organizations have adapted their information systems strategy as technologies have matured.Place these different needs satisfied by information systems in order of maturity.In other words,which need is most likely the first need to be satisfied by an organization?

Social capital is a valuable resource for businesses.Match the category of social capital with the questions is seeks to answer.