Question 1

Evaluate the assertion that an information system by itself can rarely provide a sustainable competitive advantage.

Accepted Answer

The answer of Evaluate the assertion that an information system...

Question 2

The bargaining power of buyers is ___________ when buyers have many choices and ________ when buyers have few choices.

Accepted Answer

A)  high, high
B)  high, low
C)  low, low
D)  low, highE) A) and D)
F) B) and C)

Question 3

Identify the five forces of Porter's competitive forces model, and explain how the Internet impacts each one.

Accepted Answer

The answer of Identify the five forces of Porter's competitive...

Question 4

Identify the three types of business pressures, and explain how organizations can use IT to respond to each one.

Accepted Answer

The answer of Identify the three types of business pressures,...

Question 5

An organization's business processes can create a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 6

Customer intimacy is the process whereby a business learns as much as possible about its customers to better anticipate and address their needs.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is not an example of business-IT alignment?

Accepted Answer

A)  The company goals are clear to every IT and business employee.
B)  The company ensures that IT employees understand how the company makes money.
C)  The company views IT as a way to support the business but not as a way to create new revenue streams.
D)  IT professionals rotate into business departments.
E)  The company views customer service as extremely important.F) B) and E)
G) A) and D)

Question 8

The threat of entry of new competitors is __________ when it is easy to enter a market and __________ when significant barriers to entry exist.

Accepted Answer

A)  high, high
B)  high, low
C)  low, low
D)  low, highE) B) and D)
F) B) and C)

Question 9

Build-to-stock is a strategy of producing customized products and services.

Accepted Answer

A) True 
 B)False

Question 10

Every competitive organization is driven by the competitive forces identified by Michael Porter.

Accepted Answer

A) True 
 B)False

Question 11

A business process always includes information systems.

Accepted Answer

A) True 
 B)False

Question 12

When there are many substitute products, a company can create a competitive advantage by increasing fees.

Accepted Answer

A) True 
 B)False

Question 13

Internet access in Canada is not particularly related to household income.

Accepted Answer

A) True 
 B)False

Question 14

A business process has inputs and outputs.

Accepted Answer

A) True 
 B)False

Question 15

Which one of the following statements is false?

Accepted Answer

A)  Businesses tend to view government regulations as expensive constraints on their activities.
B)  Government deregulation reduces competition.
C)  IT support is essential for compliance with many new regulations.
D)  IT has been used to identify patterns of behaviour associated with terrorist activities.
E)  Information ethics can destroy the morale of a company's employees.F) All of the above
G) A) and D)

Question 16

Managing account collections is an example of a(n) :

Accepted Answer

A)  Accounting Business Process
B)  Finance Business Process
C)  Marketing Business Process
D)  Production Business Process
E)  Management Information Systems Business ProcessF) A) and B)
G) C) and E)

Question 17

Cross-functional processes are executed within a single functional area.

Accepted Answer

A) True 
 B)False

Question 18

__________ is the result of optimizing operations and supplier processes.

Accepted Answer

A)  Cost reduction
B)  Differentiation
C)  Productivity
D)  QualityE) A) and B)
F) A) and C)

Question 19

Managing pay and payroll is an example of a(n) :

Accepted Answer

A)  Accounting Business Process
B)  Finance Business Process
C)  Marketing Business Process
D)  Human Resources Business Process
E)  Management Information Systems Business ProcessF) A) and D)
G) C) and D)

Question 20

IT governance aims to add value while ______:

Accepted Answer

A)  balancing risk versus return over IT and its processes.
B)  maximizing profit.
C)  minimizing cost.
D)  creating a friendly environmentE) A) and B)
F) A) and C)

Exam 2: Organizational Strategy, Competitive Advantage, and Information Systems

A business process always includes information systems.

Correct AnswerverifiedShow Answer

The bargaining power of buyers is ___________ when buyers have many choices and ________ when buyers have few choices.

Correct AnswerverifiedShow Answer

Cross-functional processes are executed within a single functional area.

Correct AnswerverifiedShow Answer

An organization's business processes can create a competitive advantage.

Correct AnswerverifiedShow Answer

Identify the three types of business pressures, and explain how organizations can use IT to respond to each one.

Correct AnswerverifiedShow Answer

Managing pay and payroll is an example of a(n) :

Correct AnswerverifiedShow Answer

__________ is the result of optimizing operations and supplier processes.

Correct AnswerverifiedShow Answer

IT governance aims to add value while ______:

Correct AnswerverifiedShow Answer

Build-to-stock is a strategy of producing customized products and services.

Correct AnswerverifiedShow Answer

When there are many substitute products, a company can create a competitive advantage by increasing fees.

Correct AnswerverifiedShow Answer

Customer intimacy is the process whereby a business learns as much as possible about its customers to better anticipate and address their needs.

Correct AnswerverifiedShow Answer

A business process has inputs and outputs.

Correct AnswerverifiedShow Answer

Internet access in Canada is not particularly related to household income.

Correct AnswerverifiedShow Answer

Managing account collections is an example of a(n) :

Correct AnswerverifiedShow Answer

Which of the following is not an example of business-IT alignment?

Correct AnswerverifiedShow Answer

Identify the five forces of Porter's competitive forces model, and explain how the Internet impacts each one.

Correct AnswerverifiedShow Answer

Which one of the following statements is false?

Correct AnswerverifiedShow Answer

Every competitive organization is driven by the competitive forces identified by Michael Porter.

Correct AnswerverifiedShow Answer

Evaluate the assertion that an information system by itself can rarely provide a sustainable competitive advantage.

Correct AnswerverifiedShow Answer

The threat of entry of new competitors is __________ when it is easy to enter a market and __________ when significant barriers to entry exist.

Correct AnswerverifiedShow Answer

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The bargaining power of buyers is ___ when buyers have many choices and when buyers have few choices.

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The threat of entry of new competitors is when it is easy to enter a market and when significant barriers to entry exist.

Correct Answer
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