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With the Five Forces Model,companies should watch the forces in the market.If the forces are strong competition generally increases and if the forces are weak competition typically decreases.

A) True
B) False

Correct Answer

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In a SWOT analysis,opportunities and threats originate __________ an organization.


A) inside (internally)
B) outside (externally)
C) Both inside and outside
D) None of these choices

E) None of the above
F) All of the above

Correct Answer

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Why do students need to study information technology?


A) Information technology is everywhere in business
B) Information technology is frequently discussed in business
C) Information technology is frequently used in organizations
D) All of these choices

E) B) and D)
F) None of the above

Correct Answer

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A dynamic report can include updating daily stock market prices or the calculation of available inventory.

A) True
B) False

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In a SWOT analysis,potential external opportunities are helpful when they identify all significant trends along with how the organization can benefit from each,including new markets,additional customer groups,legal changes,innovative technologies,population changes,competitor issues,and so on.

A) True
B) False

Correct Answer

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Gina Brooks works for Aquarium Retail Services selling high-end salt water fish and tank supplies.Aquarium Retail Services is the current market leader in Gina's city.Gina has recently been approached by Deep Blue Incorporated with an opportunity to run its corporate nation-wide marketing and sales division.Gina decides to jump at the opportunity! Deep Blue is attempting to gain a competitive ________ by stealing its competitor's key employees.


A) power
B) entry barrier
C) advantage
D) loyalty

E) A) and B)
F) A) and C)

Correct Answer

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Which of the following includes the roles and responsibilities of the CPO?


A) Ensuring the speed,accuracy,availability,and reliability of the MIS
B) Ensuring the ethical and legal use of information within a company
C) Ensuring the security of business systems and developing strategies and safeguards against attacks by hackers and viruses
D) Ensuring that MIS strategically aligns with business goals and objectives

E) B) and C)
F) B) and D)

Correct Answer

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Kevin Campbell is an incoming freshman at your college.Kevin is frustrated by the cost of books,tuition,and expenses and he also needs to purchase a rather expensive laptop.In an effort to save money,Kevin beings a Facebook group finding other college students who need to purchase laptops.Soon,Kevin's Facebook group has close to 100,000 students.Kevin decides to collectively approach different computer companies to see if his group qualifies for a special discount.What business strategy is Kevin using to purchase laptops?


A) Collecting business intelligence
B) Decreasing entry barriers
C) Purchasing a substitute product
D) Increasing buyer power

E) A) and B)
F) A) and C)

Correct Answer

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Which of the following is considered a core driver of the information age?


A) Fact
B) Goods
C) Competitive intelligence
D) Data

E) A) and B)
F) A) and C)

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What is a standardized set of activities that accomplishes a specific task?


A) Business strategy
B) Business outcome
C) Business process
D) Knowledge process

E) B) and D)
F) A) and D)

Correct Answer

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In terms of system thinking,what is output?


A) Data entered in a computer
B) Controls to ensure correct processes
C) The resulting information from the computer program
D) The computer program that processes the data

E) B) and D)
F) All of the above

Correct Answer

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What is the difference between the CIO and CDO of an organization?


A) The CIO is responsible for the data,regardless of the information system; the CDO is responsible for the information systems through which data is stored and processed.
B) The CIO is responsible for the information systems through which data is stored and processed; the CDO is responsible for the data,regardless of the information system.
C) The CIO is responsible for ensuring the throughput,speed,accuracy,availability,and reliability of an organizations information technology; the CDO is responsible for determining the types of information the enterprise will capture,retain,analyze,and share.
D) The CIO is responsible for determining the types of information the enterprise will capture,retain,analyze,and share; the CDO is responsible for ensuring the throughput,speed,accuracy,availability,and reliability of an organizations information technology.

E) A) and B)
F) A) and D)

Correct Answer

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The difference between existing MIS workplace knowledge and the knowledge required to fulfill the business goals and strategies is called an MIS skill set.

A) True
B) False

Correct Answer

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


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

E) C) and D)
F) B) and C)

Correct Answer

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A SWOT analysis evaluates an organization's strengths,weaknesses,objectives,and threats.

A) True
B) False

Correct Answer

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The chief privacy officer is responsible for ensuring the ethical and legal use of information within a company.

A) True
B) False

Correct Answer

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


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

E) A) and D)
F) C) and D)

Correct Answer

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The department within a company that records,measures,and reports monetary transactions is called _______________.


A) Accounting
B) Marketing
C) Human Resources
D) Operations Management

E) A) and D)
F) None of the above

Correct Answer

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How does the text recommend that a company operate if it wants to be successful in the information age?


A) Functionally independent between departments
B) Interdependently between departments
C) Together as one department with little or no independence
D) Each department acting as its own individual business unit

E) A) and D)
F) None of the above

Correct Answer

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Buyer power is included as one of Porter's Three Generic Strategies.

A) True
B) False

Correct Answer

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Showing 401 - 420 of 444

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