MIS Chap 2 PI01 Quiz – Flashcards
Unlock all answers in this set
Unlock answersquestion
The best known framework for analyzing competitiveness is?
answer
Michael Porter's competitive forces model.
question
__________ pressures are generated by the ________ economy.
answer
Market; global
question
How does the Internet affect the way you purchase your textbooks?
answer
The Internet increases your bargaining power.
question
One of the main reasons many organizations fail to attain strategic alignment is:
answer
Business managers and IT managers have different objectives.
question
Business processes:
answer
Can create a competitive advantage.
question
Walmart's automatic replenishment system, which enables the company to reduce inventory storage requirements, is an example of which strategy for competitive advantage?
answer
cost leadership
question
Competitive advantage leads to control of a market.
answer
True
question
Producing identical items in large quantities is called:
answer
mass production.
question
Information systems and business processes:
answer
Are usually intertwined.
question
The bargaining power of suppliers is low when their buyers have many choices.
answer
True
