5 Written questions
3 Matching questions
- In network economics, the more people that use Microsoft Office software and related products, the greater its value.
- 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.
- A substitute product of most concern for a cable TV distributor is
A) satellite TV.
B) broadcast TV.
C) satellite radio.
D) the Internet.
- a C
- b TRUE
- c A
5 Multiple choice questions
- Product differentiation
5 True/False questions
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.
Answer → A
All of the following are major features of organizations that impact the use of information systems EXCEPT for
A) business processes.
D) agency costs.
Answer → D
The law of diminishing returns always applies to digital, as well as traditional companies.
Answer → A
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
Answer → B
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. → B