5 Written Questions
3 Matching Questions
- Mintzberg's classification of organizational structure categorizes the knowledge-based organization where goods and services depend on the expertise and knowledge of professionals as a(n)
A) entrepreneurial structure.
B) divisionalized bureaucracy.
C) professional bureaucracy.
- The four major types of competitive strategy are
A) low-cost leadership; substitute products and services; customers; and suppliers.
B) low-cost leadership; product differentiation; focus on market niche; and customer and supplier intimacy.
C) new market entrants; substitute products and services; customers; and suppliers.
D) low-cost leadership; new market entrants; product differentiation; and focus on market niche.
- From the point of view of economics, information systems technology can be viewed as a factor of production that can be substituted for traditional capital and labor.
- a TRUE
- b B
- c C
5 Multiple Choice Questions
5 True/False Questions
A firm can exercise greater control over its suppliers by having
A) more suppliers.
B) fewer suppliers.
C) global suppliers.
D) local suppliers.
Answer → C
Which of the following would NOT be considered a disruptive technology?
A) instant messaging
C) Internet telephony
Answer → C
An information system can enable a company to focus on a market niche through
A) complex trend forecasting.
B) tailoring products to the client.
C) intensive product trend analysis.
D) intensive customer data analysis.
Answer → D
Which of the following statements is NOT true about information technology's impacts on business firms?
A) It helps firms expand in size.
B) It helps firms lower the cost of market participation.
C) It helps reduce internal management costs.
D) It helps reduce transaction costs.
Answer → A
The idea driving synergies is that when the output of some units can be used as inputs to other units, the relationship can lower cost and generate profits.
Answer → B