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Exam 1: Management Information Systems: Business Driven MIS

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Question 71

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Porter has identified three generic business strategies including focused,broad cost leadership,and switching strategy.

A) True
B) False

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Question 72

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Productivity is the rate at which goods and services are produced based upon total output given total inputs.

A) True
B) False

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Question 73

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Which of the following is not considered a core driver of the information age?

In a SWOT analysis,which of the following could you discover as potential external opportunities (helpful) ?

John Cleaver is the CEO of Tech World,which is a retail store that sells computers,monitors,cameras,televisions and many other electronic products.John and his executive team are meeting to brainstorm new ideas on how to grow the business.One idea is to mimic a competitor's product that is attempting to sell a new product in a different industry.After performing a Porter's Five Forces analysis John determines that all of the forces are high in this new industry.What should John do?

Jeremy Bridges is an executive for Green Web Designs,where his primary role is to ensure the security of business systems and develop strategies to protect the company from online viruses and hackers.What is Jeremy's role within the company?

When evaluating the value chain,which of the following is included in the support value activities?

In a SWOT analysis,potential internal strengths are helpful when they identify all key strengths associated with the competitive advantage including cost advantages,new and/or innovative services,special expertise and/or experience,proven market leader,improved marketing campaigns,and so on.

The chief data officer is responsible for overseeing all uses of MIS and ensuring that MIS strategically aligns with business goals and objectives.

The department within a company that performs the function of selling goods or services is called _______________.

Where would you categorize strengths in a SWOT analysis?

A grilled cheese sandwich is considered the final output of a making-a-sandwich process.

Which of the following is considered a good?

The business decisions made by the Human Resources department include potential customer data,sales report data,commission data,and customer support data.

Which of the following statements is true?

Which of the following is not a typical way that a company would duplicate a competitive advantage?

Your boss,Ty Jacob,has asked you to analyze the music industry using Porter's Five Forces model.Which of the following represents the threat of substitute products or services in the music industry?

The chief security officer is responsible for ensuring the security of business systems and developing strategies and safeguards against attacks from hackers and viruses.

Demonstrate how a company can add value by using Porter's value chain analysis.

What is threat of substitute products or services?