Question 1

Social capital is a valuable resource for businesses. Match the category of social capital with the questions is seeks to answer.

Accepted Answer

The answer of Social capital is a valuable resource for...

Question 2

SCM stands for ________________.

Accepted Answer

Supply chain management

Question 3

Two automobile manufacturers are working together to develop hybrid technology. This type of relationship between the two automobile manufacturers is best described as:

Accepted Answer

A)   Co-opetition
B)   Strategic alliance
C)   Competition
D)   Collaboration
E)   Business strategyF) A) and D)
G) A) and E) A

Question 4

List the four support activities of the value chain.

Accepted Answer

Organization, Human ...

Question 5

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Accepted Answer

A)   Threat of substitute products
B)   Bargaining power of suppliers
C)   Bargaining power of customers
D)   New entrants
E)   Switching costsF) A) and D)
G) A) and C)

Question 6

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Accepted Answer

Example: General Motors and Toyota amass...

Question 7

The ____________ view considers activities that create, deliver, and support a company's product or service.

Accepted Answer

A)   product and service
B)   creation, delivery, and support model
C)   Asset-based
D)   Resource-based
E)   Porter value chainF) B) and E)
G) All of the above

Question 8

IT resources consist of IT assets and IT _______.

Accepted Answer

The answer of IT resources consist of IT assets and...

Question 9

Which of the following is a support activity of the Value Chain Model?

Accepted Answer

A)   Operations
B)   Facilities
C)   Organization
D)   Informatics
E)   Outbound LogisticsF) B) and E)
G) A) and B)

Question 10

A company that is in a market with few buying options for the consumer is enjoying a high amount of which one of Porter's Five Competitive Forces?

Accepted Answer

A)   Bargaining power of suppliers
B)   Threat of substitute products
C)   Potential threat of new entrants
D)   Bargaining power of buyers
E)   Industry competitorsF) B) and D)
G) B) and C)

Question 11

Which of the following is NOT a primary activity of the Value Chain model?

Accepted Answer

A)   Inbound Logistics
B)   Operations
C)   Outbound Logistics
D)   Purchasing
E)   Marketing and SalesF) B) and E)
G) A) and E)

Question 12

Which model is best used to understand the ways in which information technologies allow a firm to both attain and sustain a competitive advantage?

Accepted Answer

A)   Porter's Competitive Forces
B)   Porter's Value Chain
C)   The Information Systems Strategy Triangle
D)   The Network Effect
E)   The Resource-Based ViewF) A) and E)
G) B) and C) E

Question 13

While information systems can be used to gain a strategic advantage, they have inherent risks. Hershey Foods, for example, crippled its Halloween sales when its complex IS system failed to support its supply and inventory needs during peak production season. This is an example of which specific IS risk?

Accepted Answer

A)   Awaking a sleeping giant
B)   Implementing IS poorly
C)   Demonstrating bad timing
D)   Running afoul of the law
E)   Mobile-based alternative removes advantagesF) A) and C)
G) B) and C)

Question 14

Salesforce.com is an example of SAAS (Software as a service).

Accepted Answer

A) True 
 B)False

Question 15

Which is not a competitive force:

Accepted Answer

A)   Bargaining power of buyers
B)   Bargaining power of competitors
C)   Threat of substitute products or services
D)   Rivalry among existing firms
E)   Threat of entry of new competitionF) C) and D)
G) A) and E)

Question 16

Supply Chain Management (SCM) consists of technological components as well as a process that brings together information about customers, sales and marketing.

Accepted Answer

A) True 
 B)False

Question 17

List the three IS tools used to optimize the operations of a firm's value chain.

Accepted Answer

The answer of List the three IS tools used to...

Question 18

Zara strategically uses information technologies to do all of the following EXCEPT:

Accepted Answer

A)   Bring new products quickly to market, meeting customer demands
B)   Support a continuous flow of information from stores to manufacturers to distributors
C)   Maintain a rich, centralized repository of customer data
D)   Build silos of responsibilities with limited interaction between store managers, designers and market specialists
E)   Keep its inventory levels very low (relative to other retailers) F) A) and E)
G) B) and D)

Question 19

Match the technology with the era it dominated.

Accepted Answer

The answer of Match the technology with the era it...

Question 20

This risks of using information resources include all of the following except:

Accepted Answer

A)   Demonstrating bad timing
B)   Awakening a sleeping giant
C)   Implementing IS poorly
D)   Missing cooperative opportunities
E)   Failing to deliver what users wantF) A) and B)
G) A) and C)

Exam 3: Strategic Use of Information Resources

Social capital is a valuable resource for businesses. Match the category of social capital with the questions is seeks to answer.

Correct Answer
verified

SCM stands for ________________.

Correct Answer
verified
Supply chain management

Two automobile manufacturers are working together to develop hybrid technology. This type of relationship between the two automobile manufacturers is best described as:

Correct Answer
verified
A

List the four support activities of the value chain.

Correct Answer
verified
Organization, Human ...
View Answer

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Correct Answer
verified

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Correct Answer
verified
Example: General Motors and Toyota amass...
View Answer

The ____________ view considers activities that create, deliver, and support a company's product or service.

Correct Answer
verified

IT resources consist of IT assets and IT _______.

Correct Answer
verified

Which of the following is a support activity of the Value Chain Model?

Correct Answer
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A company that is in a market with few buying options for the consumer is enjoying a high amount of which one of Porter's Five Competitive Forces?

Correct Answer
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Which of the following is NOT a primary activity of the Value Chain model?

Correct Answer
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Which model is best used to understand the ways in which information technologies allow a firm to both attain and sustain a competitive advantage?

Correct Answer
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E

Correct Answer
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Salesforce.com is an example of SAAS (Software as a service).

Correct Answer
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Which is not a competitive force:

Correct Answer
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Supply Chain Management (SCM) consists of technological components as well as a process that brings together information about customers, sales and marketing.

Correct Answer
verified

List the three IS tools used to optimize the operations of a firm's value chain.

Correct Answer
verified

Zara strategically uses information technologies to do all of the following EXCEPT:

Correct Answer
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Match the technology with the era it dominated.

Correct Answer
verified

This risks of using information resources include all of the following except:

Correct Answer
verified

Exam 3: Strategic Use of Information Resources

Social capital is a valuable resource for businesses. Match the category of social capital with the questions is seeks to answer.

Correct AnswerverifiedShow Answer

SCM stands for ________________.

Correct AnswerverifiedSupply chain management

Two automobile manufacturers are working together to develop hybrid technology. This type of relationship between the two automobile manufacturers is best described as:

Correct AnswerverifiedA

List the four support activities of the value chain.

Correct AnswerverifiedOrganization, Human ...View AnswerShow Answer

Porter's five "Forces," used so often in the text for analysis of IT applications, include all of the following except:

Correct AnswerverifiedShow Answer

Provide an example of two companies that have built an effective co-opetition. Briefly explain the benefit of the relationship.

Correct AnswerverifiedExample: General Motors and Toyota amass...View AnswerShow Answer

The ____________ view considers activities that create, deliver, and support a company's product or service.

Correct AnswerverifiedShow Answer

IT resources consist of IT assets and IT _______.

Correct AnswerverifiedShow Answer

Which of the following is a support activity of the Value Chain Model?

Correct AnswerverifiedShow Answer

A company that is in a market with few buying options for the consumer is enjoying a high amount of which one of Porter's Five Competitive Forces?

Correct AnswerverifiedShow Answer

Which of the following is NOT a primary activity of the Value Chain model?

Correct AnswerverifiedShow Answer

Which model is best used to understand the ways in which information technologies allow a firm to both attain and sustain a competitive advantage?

Correct AnswerverifiedE

Correct AnswerverifiedShow Answer

Salesforce.com is an example of SAAS (Software as a service).

Correct AnswerverifiedShow Answer

Which is not a competitive force:

Correct AnswerverifiedShow Answer

Supply Chain Management (SCM) consists of technological components as well as a process that brings together information about customers, sales and marketing.

Correct AnswerverifiedShow Answer

List the three IS tools used to optimize the operations of a firm's value chain.

Correct AnswerverifiedShow Answer

Zara strategically uses information technologies to do all of the following EXCEPT:

Correct AnswerverifiedShow Answer

Match the technology with the era it dominated.

Correct AnswerverifiedShow Answer

This risks of using information resources include all of the following except:

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Supply chain management

Correct Answer
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A

Correct Answer
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Organization, Human ...
View Answer

Correct Answer
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Correct Answer
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Example: General Motors and Toyota amass...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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E

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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