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There has been accelerated competition and churn among market leaders concurrent with the increases in the quality and quantity of IT investments.

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According to Porter's Generic Strategies Framework,a company that limits its scope to a narrower segment of the market is exercising this type of strategy.

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The general manager for a retail clothing outlet was recently cited as saying,"IT is the cornerstone of our company. All of our decisions are based on the sophisticated systems that we have deployed throughout our organization. IT drives our decisions." What position should the manager hold regarding IT and its influence on decision making?


A) IT should drive business decisions.
B) Organizational goals should drive IT decisions.
C) Organizational strategy should drive IS decision making.
D) Business strategy should drive IS decision making
E) All strategy should be driven by IT strategy.

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CRM stands for ________________.

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Customer R...

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At the time of the Deepwater Horizon oil spill and explosion,BP's IS Strategy Triangle was out of __________.


A) control
B) alignment
C) adjustment
D) scope
E) specification

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Today's market place is considered to be a very competitive and dynamic environment.Explain what this means and give examples of this competitive dynamic.

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Today's market place being considered a competitive and dynamic environment means that businesses are constantly facing challenges from other companies and are required to adapt to changing market conditions. This can include factors such as rapidly evolving technology, shifting consumer preferences, and the emergence of new competitors. One example of this competitive dynamic is the smartphone industry. Companies like Apple, Samsung, and Google are constantly innovating and releasing new products to stay ahead of their competitors. This creates a fast-paced and competitive environment where companies must constantly improve their products to stay relevant. Another example is the retail industry, where companies like Amazon have disrupted traditional brick-and-mortar stores by offering convenient online shopping and fast delivery options. This has forced traditional retailers to adapt and improve their online presence in order to compete in this dynamic market. Overall, the competitive and dynamic nature of today's market place means that businesses must constantly innovate and adapt in order to stay ahead of the competition and meet the ever-changing demands of consumers.

What is alignment in the context of the Information Systems Strategy Triangle and why is it important for a business to be in alignment?

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Alignment in the context of the Informat...

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The _______________ models suggest that the speed and aggressiveness of the moves and countermoves in any given market create an environment in which advantages are "rapidly created and eroded."

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Match the following goals with the UPS strategy it represents. Match the following goals with the UPS strategy it represents.

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The business diamond identifies the crucial,interrelated components for designing an organization.The components include all of the following EXCEPT:


A) People
B) Social media
C) Structure
D) Tasks
E) Information and control

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To avoid unwanted consequences,altering the IT Strategy requires adjustments to the organizational strategy.

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True

A general manager should:


A) Rely on IS personnel to make IS decisions
B) Ignore how IS are used and managed
C) Have a deep technical knowledge of IS
D) Understand the use and consequences of technologies relevant to the business
E) Not be expected to ask or understand technology related questions

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When a company's business strategy and technology strategy are intertwined,this situation is known as _______.


A) convergence
B) alignment
C) dynamic
D) differentiation
E) technologically adjusted

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A

Technology guru Tim O'Reilly said this about the publishing industry: "To adapt,publishers need to cannibalize their own business,experimenting with new forms,new formats,and new business models." This statement is consistent with:


A) Generic framework
B) Focus strategy
C) Hypercompetition
D) Direct strategy
E) Porter's generic strategies

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Social business opportunities fall into one of three categories: collaboration,engagement or ______.

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All of the following are identified causes of the 2010 Deepwater Horizon oil spill EXCEPT for:


A) Repeated failure to follow safety procedures
B) The alignment of the Information Systems Strategy Triangle
C) The failure of automated systems
D) The leadership and organizational culture at BP
E) Inadequate quality standards

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The business diamond includes structure,tasks,information and controls,and ___________________________.

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In order to assess the critical issues in information management,a manager should know the IS infrastructure components.These are hardware,software,network and _______.

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According to Porter,a company that makes its services available 24/7 would be practicing a _________ strategy.

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By using IS to achieve economies of scale and generate operating efficiencies,Walmart epitomizes which one of Porter's generic strategies?


A) Differentiation
B) Focus
C) Cost leadership
D) Broad focus
E) Cost differentiation

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