Question 1

Which part of the value chain acquires raw materials and manufactures,delivers,markets,sells,and provides after-sales services?

Accepted Answer

A)   Primary value activities
B)   Secondary value activities
C)   Support value activities
D)   None of the above

Question 2

Supplier power is high when buyers have ________ choices of whom to buy from and low when their choices are many.

Accepted Answer

A)   more
B)   few
C)   many
D)   too many B

Question 3

Which of the following is considered information?

Accepted Answer

A)   Quantity sold
B)   Date sold
C)   Best selling item by month
D)   All of the above

Question 4

Which of the following companies uses the broad cost leadership strategy?

Accepted Answer

A)   Hyundai
B)   Audi
C)   Kia
D)   Tesla

Question 5

The three generic strategies are broad _____________ approaches that organizations fall under.

Accepted Answer

The answer of The three generic strategies are broad _____________...

Question 6

What is a competitive advantage?

Accepted Answer

A)   A product that an organization's customers place a lesser value on than similar offerings from a competitor
B)   A product or service that an organization's customers value more highly than similar offerings from a supplier
C)   A service that an organization's customers place a lesser value on than similar offerings from a supplier
D)   A product or service that an organization's customers place a greater value on than similar offerings from a competitor

Question 7

Which of the following is Hummer using as its generic strategy?

Accepted Answer

A)   Broad cost leadership
B)   Broad differentiation
C)   Focused cost leadership
D)   Focused differentiation

Question 8

Who is responsible for ensuring the ethical and legal use of information within an organization?

Accepted Answer

A)   CIO
B)   CTO
C)   CPO
D)   CSO

Question 9

What is high when competition is fierce in a market and low when competition is more complacent?

Accepted Answer

A)   Buyer power
B)   Supplier power
C)   Threat of substitute products or services
D)   Rivalry among existing competitors D

Question 10

A first mover advantage occurs when an organization can significantly impact its market share by being the first to market with a __________ advantage.

Accepted Answer

The answer of A first mover advantage occurs when an...

Question 11

In telephone industry,the local number portability (LNP)feature decreases the threat of substitute products.

Accepted Answer

A) True 
 B)False

Question 12

Job titles,roles,and responsibilities do not differ from organization to organization.

Accepted Answer

A) True 
 B)False  False

Question 13

What is the name of a company's internal IT department?

Accepted Answer

A)   Management information systems (MIS) 
B)   Information systems (IS) 
C)   Information technology (IT) 
D)   All of the above

Question 14

Which of the following represents buyer power in Porter's Five Forces Model?

Accepted Answer

A)   Low when buyers have many choices of whom to buy from and high when their choices are few
B)   High when buyers have many choices of whom to buy from and low when their choices are few
C)   Low when buyers have many customers of whom to buy from and low when their customers are few
D)   High when buyers have many customers of whom to buy from and low when their customers are few

Question 15

____________ is "actionable information" which is used for decision making.

Accepted Answer

The answer of ____________ is "actionable information" which is used...

Question 16

Why do students need to study information technology?

Accepted Answer

A)   Information technology is everywhere in business
B)   Information technology is rarely discussed in business magazines
C)   Information technology is rarely used in organizations
D)   Information technology is found in only a few businesses

Question 17

The Five Forces Model,the three generic strategies,and value chain analysis are all methods by which organizations can assess their competitive advantage.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following companies uses the broad differentiation strategy?

Accepted Answer

A)   Hyundai
B)   Audi
C)   Kia
D)   Tesla

Question 19

Explain value chains and the differences between primary and support value activities.

Accepted Answer

Value chain approach views an organizati...

Question 20

Which of the following is not one of Thomas Friedman's 10 forces that flattened the world?

Accepted Answer

A)   Netscape IPO
B)   Fall of the Berlin wall
C)   Microsoft IPO
D)   Wireless

Exam 1: Business Information Systems

Which part of the value chain acquires raw materials and manufactures,delivers,markets,sells,and provides after-sales services?

Correct AnswerverifiedShow Answer

Supplier power is high when buyers have ________ choices of whom to buy from and low when their choices are many.

Correct AnswerverifiedB

Which of the following is considered information?

Correct AnswerverifiedShow Answer

Which of the following companies uses the broad cost leadership strategy?

Correct AnswerverifiedShow Answer

The three generic strategies are broad _____________ approaches that organizations fall under.

Correct AnswerverifiedShow Answer

What is a competitive advantage?

Correct AnswerverifiedShow Answer

Which of the following is Hummer using as its generic strategy?

Correct AnswerverifiedShow Answer

Who is responsible for ensuring the ethical and legal use of information within an organization?

Correct AnswerverifiedShow Answer

What is high when competition is fierce in a market and low when competition is more complacent?

Correct AnswerverifiedD

A first mover advantage occurs when an organization can significantly impact its market share by being the first to market with a __________ advantage.

Correct AnswerverifiedShow Answer

In telephone industry,the local number portability (LNP)feature decreases the threat of substitute products.

Correct AnswerverifiedShow Answer

Job titles,roles,and responsibilities do not differ from organization to organization.

Correct AnswerverifiedFalse

What is the name of a company's internal IT department?

Correct AnswerverifiedShow Answer

Which of the following represents buyer power in Porter's Five Forces Model?

Correct AnswerverifiedShow Answer

____________ is "actionable information" which is used for decision making.

Correct AnswerverifiedShow Answer

Why do students need to study information technology?

Correct AnswerverifiedShow Answer

The Five Forces Model,the three generic strategies,and value chain analysis are all methods by which organizations can assess their competitive advantage.

Correct AnswerverifiedShow Answer

Which of the following companies uses the broad differentiation strategy?

Correct AnswerverifiedShow Answer

Explain value chains and the differences between primary and support value activities.

Correct AnswerverifiedValue chain approach views an organizati...View AnswerShow Answer

Which of the following is not one of Thomas Friedman's 10 forces that flattened the world?

Correct AnswerverifiedShow Answer

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B

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D

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False

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Value chain approach views an organizati...
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