Business Computer Applications: Chapter 2

6 October 2022
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20 test answers

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question
Any information system can provide a competitive advantage if it is used properly.
answer
True
question
GrubHub Seamless (GS) gained a competitive advantage by utilizing cell phones.
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False
question
Cost Leadership Strategy is one strategy to gain a competitive advantage.
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True
question
There are six (6) characteristics of effective Business-IT Alignment.
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True
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Palantir is an artificial intelligence application companies use to answer questions in natural language.
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False
question
IT tools used to gain a competitive advantage can be shared across multiple industries.
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False
question
It is a good idea for a company to select two competitive advantage strategies.
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False
question
Business environment pressures can come from which of the following:
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Political changes.
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Thomas Friedman's flatteners include which of the following:
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The development of work-flow software.
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Which of the following pressures do businesses today experience?
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Technology pressures such as information overload.
question
All of the following are strategies for competitive advantage except ___________.
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Customer leadership.
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Which of the following is an example of a technology pressure faced by businesses?
answer
Information Overload
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According to Michael Porter, the Web ______ competition, which generally _________ a firm's profitability.
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increases; decreases
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Two strategies that a company can use to gain a competitive advantage are:
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Customer-Orientation and Operational Effective Strategy.
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Which of the following is a characteristic of effective business - IT alignment?
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Organizations view IT as an engine of innovation that continually transforms the business, often creating new revenue streams.
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Porter's _____ help(s) companies identify general strategies, whereas his _____ help(s) to identify specific activities where companies can use the strategies for greatest impact.
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competitive forces model, value chain model
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New technologies can produce new products very _____, which _____ the threat from substitute products.
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quickly, increases
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Today's customers have ________.
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higher expectations
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Which of the following organizational responses to various business pressures? (select all that apply)
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Strategic Systems; Mass Customization
question
According to Porter's Value Chain Model, which of the following are considered support activities? (select all that apply)
answer
Procurement; Product and Technology Development