Question 1

Your boss,Tom Repicci,has asked you to analyze the airline industry using Porter's three generic strategies.Which of the following companies are using a differentiation strategy?

Accepted Answer

A) Southwest,Horizon,Frontier,JetBlue. 
B) British Airways,Singapore Airlines,Virgin Atlantic. 
C) Sky Taxi - a rent by the hour personal plane service. 
D) All of the above.

Question 2

Which of the following offers an example of a company operating in a narrow-focused market operating as the low-cost provider?

Accepted Answer

A) Walmart. 
B) Tiffany & Co. 
C) Neiman Marcus. 
D) Payless Shoes.

Question 3

Teaching,waiting tables,and cutting hair belong in which category?

Accepted Answer

A) Goods 
B) Services 
C) Production 
D) Productivity

Question 4

The actual hamburger is included in which category of making a hamburger?

Accepted Answer

A) Input 
B) Process 
C) Output 
D) All of the above

Question 5

Amazon is not a _____ company but it used technology to revamp the book selling business.

Accepted Answer

The answer of Amazon is not a _____ company but...

Question 6

The process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed is the definition of ___________.

Accepted Answer

A) Feedback. 
B) Information. 
C) Competitive intelligence. 
D) Data.

Question 7

What is production?

Accepted Answer

A) Material items or products that customers will buy to satisfy a want or need. 
B) Tasks performed by people that customers will buy to satisfy a want or need. 
C) The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services. 
D) The rate at which goods and services are produced based upon total output given total inputs

Question 8

Susan Stewart is an executive at Equity Title where she is responsible for collecting,maintaining and distributing knowledge for the company.What is Susan's role at Equity Title?

Accepted Answer

A) Chief Knowledge Officer (CKO). 
B) Chief Technology Officer (CTO). 
C) Chief Information Officer (CIO). 
D) Chief Security Officer (CSO).

Question 9

The Chief ___________ Officer is responsible for collecting,maintaining,and distributing company knowledge.

Accepted Answer

The answer of The Chief ___________ Officer is responsible for...

Question 10

If you were thinking about a washing machine as a system which of the following represents the inputs?

Accepted Answer

A) The dirty clothes,water,and detergent. 
B) The clean clothes. 
C) The wash and rinse cycle. 
D) The light indicating that the washer is off balance and has stoppeD.

Question 11

Successful companies today operate cross-functionally,integrating the operations of all departments.

Accepted Answer

A) True 
 B)False

Question 12

________ costs is a common business strategy.

Accepted Answer

The answer of ________ costs is a common business strategy....

Question 13

Inbound logistics and operations are part of the support value activities.

Accepted Answer

A) True 
 B)False

Question 14

Lettuce,tomatoes,patty,bun,and ketchup are included in the process of making a hamburger.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?

Accepted Answer

A) The three generic strategies. 
B) The threat of substitute buyer power. 
C) Differentiated costs. 
D) Supplier loyalty.

Exam 1: Management Information Systems: Business Driven MIS

Your boss,Tom Repicci,has asked you to analyze the airline industry using Porter's three generic strategies.Which of the following companies are using a differentiation strategy?

Which of the following offers an example of a company operating in a narrow-focused market operating as the low-cost provider?

Teaching,waiting tables,and cutting hair belong in which category?

The actual hamburger is included in which category of making a hamburger?

Amazon is not a _____ company but it used technology to revamp the book selling business.

The process of gathering information about the competitive environment,including competitors' plans,activities,and products,to improve a company's ability to succeed is the definition of ___________.

What is production?

Susan Stewart is an executive at Equity Title where she is responsible for collecting,maintaining and distributing knowledge for the company.What is Susan's role at Equity Title?

The Chief ___________ Officer is responsible for collecting,maintaining,and distributing company knowledge.

If you were thinking about a washing machine as a system which of the following represents the inputs?

Successful companies today operate cross-functionally,integrating the operations of all departments.

________ costs is a common business strategy.

Inbound logistics and operations are part of the support value activities.

Lettuce,tomatoes,patty,bun,and ketchup are included in the process of making a hamburger.

Which of the following is a tool a manager can use to analyze competitive intelligence and identify competitive advantages?