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5 Written questions

3 Matching questions

  1. In network economics, the more people that use Microsoft Office software and related products, the greater its value.
  2. A collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively is called a(n)
    A) industry value chain.
    B) business ecosystem.
    C) value web.
    D) consortia.
  3. A substitute product of most concern for a cable TV distributor is
    A) satellite TV.
    B) broadcast TV.
    C) satellite radio.
    D) the Internet.
  1. a C
  2. b TRUE
  3. c A

5 Multiple choice questions

  1. Product differentiation
  2. C
  3. FALSE
  4. B
  5. TRUE

5 True/False questions

  1. A virtual company
    A) uses the capabilities of other companies without being physically tied to those companies.
    B) uses Internet technology to maintain a virtual storefront.
    C) uses Internet technology to maintain a networked community of users.
    D) provides entirely Internet-driven services, or virtual products.


  2. All of the following are major features of organizations that impact the use of information systems EXCEPT for
    A) business processes.
    B) environments.
    C) goals.
    D) agency costs.


  3. The law of diminishing returns always applies to digital, as well as traditional companies.


  4. Which industries did the first wave of e-commerce transform?
    A) air travel, books, bill payments
    B) air travel, books, music
    C) real estate, air travel, books
    D) real estate, books, bill payments


  5. Wal-Mart's continuous replenishment system allows it to
    A) provide mass customization.
    B) provide an efficient customer response system.
    C) strengthen customer intimacy.
    D) achieve economy of scale.


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