Homework answers / question archive / IFSM 300 6398 Information Systems Quiz 1 Question 1 (1 point) The term "digital divide" refers to: O City-wide Internet access O Equal access to technology solutions O Global access to the Internet  O The separation of those who have access to the global network and those who do not  Question 2 (1 point) According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company's standing in an industry, except for which one?  O Bargaining power of suppliers O Threat of entry of new competitors O Threat of substitute products/services O Political and/or economic factors  Question 3 (1 point) Which of the following is defined as the ability of customers to drive down the price of goods and services?  O rivalry among competitors  O threat of price reduction  0 supplier power  0 buyer power or the bargaining power of customers  Question 4 (1 point) Which of the following are advantages of globalization? (select all that apply)  A

IFSM 300 6398 Information Systems Quiz 1 Question 1 (1 point) The term "digital divide" refers to: O City-wide Internet access O Equal access to technology solutions O Global access to the Internet  O The separation of those who have access to the global network and those who do not  Question 2 (1 point) According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company's standing in an industry, except for which one?  O Bargaining power of suppliers O Threat of entry of new competitors O Threat of substitute products/services O Political and/or economic factors  Question 3 (1 point) Which of the following is defined as the ability of customers to drive down the price of goods and services?  O rivalry among competitors  O threat of price reduction  0 supplier power  0 buyer power or the bargaining power of customers  Question 4 (1 point) Which of the following are advantages of globalization? (select all that apply)  A

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IFSM 300 6398 Information Systems Quiz 1

Question 1 (1 point) The term "digital divide" refers to:
O City-wide Internet access

O Equal access to technology solutions

O Global access to the Internet 
O The separation of those who have access to the global network and those who do not 

Question 2 (1 point) According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company's standing in an industry, except for which one? 

O Bargaining power of suppliers

O Threat of entry of new competitors

O Threat of substitute products/services

O Political and/or economic factors 

Question 3 (1 point) Which of the following is defined as the ability of customers to drive down the price of goods and services? 
O rivalry among competitors 
O threat of price reduction 

0 supplier power 
0 buyer power or the bargaining power of customers 

Question 4 (1 point) Which of the following are advantages of globalization? (select all that apply) 

A. Compatible world-wide infrastructure

B. Ability to draw from an international labor pool

C. Seamless ability to ship world-wide

D. Expanded market for an organization's products and services. 

Question 5 (1 point) A strategic information system is one that attempts to do one or more of the following: (select all that apply) 
A. deliver a product or service that is differentiated

B. deliver a product or a service at a lower cost

C. enable innovation 
D. help an organization focus on a specific market segment 

Question 6 (1 point) Which of the following is defined as a series of activities undertaken by the company to add worth or importance to a product or service?

O business processes

O strategic direction

O competitive advantage

O value chain 
Question 7 (1 point) Which of the following is exemplified by customers finding a different way to get the product or service? 
O customer disloyalty 
O rivalry among competitors 

O threat of substitute product or services 
O barriers to entry 

Question 8 (1 point) Which use of the Internet could have a negative impact on a company's competitive position? 
O allowing potential customers to learn about the company's products and services

O providing an easy method to facilitate product orders to flow to the suppliers

O allowing a company to monitor patent infringement by other companies

O allowing potential customers to find possible substitute products 

Question 9 (1 point) Which of the following are the two primary methods for obtaining competitive advantage described by Michael Porter? (select the two that apply) 
A) advantage of bringing new products to market 
B) value chain creation 
C) differentiation advantage 
D) cost advantage 

Question 10 (1 point) Which of the following statements are true of Decision Support Systems (DSS)? (select all that apply) 

A. DSSs can exist at different levels of decision-making with the organization, from the CEO to the first-level managers. 

B. A decision support system (DSS) is an information system built to help an organization make a specific decision or set of decisions. 

C. DSSs are designed to take inputs regarding a known (or partially-known) decision-making process and provide the information necessary to make a decision. 

D. DSSs are used only at the executive level and are used to make all strategic decisions. 

Question 11 (1 point) What business approach has enabled Walmart to drive prices down and react to market conditions more quickly? 

O Supply chain management system

O Increased direct marketing

O Store location

O Employee benefit packages 

Question 12 (1 point) Which of the following are critical in today's business world? (select all that apply) 
A) Identifying how an information system can provide competitive advantage 
B) Understanding how organizations translate their high-level mission into specific objectives and align with technology solutions 

C) Understanding how businesses use technology for strategic advantage 
D) Ability to identify business opportunities that can be supported by information technology. 

Question 13 (1 point) Identify the correct sequence of events in organizational strategic planning.

O Goals, Processes, Technology, Profits

O Mission, Environmental Analysis, Goals, Objectives

O Available Technology, Goals, Mission, Objectives

O Mission, Available Technology, Objectives, Environmental Analysis 

Question 14 (1 point) Which of the following are components of an information system? (select all that apply) 
A) process 
B) people 
C) hardware

D) software

E) data 

Question 15 (1 point) True or false: Highly qualified vendors, consultants, and IT departments are the most important elements for the successful implementation of enterprise technologies. 
0 True

0 False