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5 Written questions

5 Matching questions

  1. ________ is the ability to offer individually tailored products and services using the same production resources as mass production.
    Answer
  2. A manufacturer of deep-sea oil rigs may be least concerned about this marketplace force.
    A) product differentiation
    B) traditional competitors
    C) low number of suppliers
    D) new market entrants
    Answer
  3. Sociotechnical changes affecting a firm adopting new information systems requiring organizational change can be considered ________.
    Answer
  4. The law of diminishing returns always applies to digital, as well as traditional companies.
    Answer
  5. A(n) ________ is an activity at which a firm excels as a world-class leader.
    Answer
  1. a core competency
  2. b FALSE
  3. c strategic transitions
  4. d Mass customization
  5. e D

5 Multiple choice questions

  1. D
  2. A
  3. B
  4. FALSE
  5. FALSE

5 True/False questions

  1. The effect of the Internet has been to raise bargaining power over suppliers.
    Answer
    FALSE

          

  2. A firm can be said to have competitive advantage when they have higher stock market valuations than their competitors.
    Answer
    B

          

  3. 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

          

  4. 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
    C

          

  5. ________ is the ability to offer individually tailored products or services using the same production resources as bulk production.
    A) Mass customization
    B) Size customization
    C) Magnitude customization
    D) Dimension customization
    Answer
    A

          

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