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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.
    Answer
  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.
    Answer
  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.
    Answer
  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.
    Answer
    A

          

  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.
    Answer
    D

          

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

          

  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
    Answer
    B

          

  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.
    B

          

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