Management Information Systems Quiz

Which of the following is not a major feature of organizations that impacts the use of information systems?

• Business processes

• Environments

• Structure of the organization

• Agency costs

• Leadership styles

Which of the following technologies disrupted the traditional publishing industry?

• Instant messaging

• e-mail

• Digital photography

• PCs

• World Wide Web

Along with capital, ________ is the primary production input that the organization uses to create products and services.

• structure

• culture

• politics

• feedback

• labor

Which of the following statements about disruptive technologies is not true?

• Disruptive technologies radically change the business landscape and environment.

• Disruptive technologies may be substitute products that perform better than other products currently being produced.

• Disruptive technologies may sometimes simply extend the marketplace.

• Disruptive technologies may put entire industries out of business.

• Firms that invent disruptive technologies as first movers always become market leaders.

When a firm buys on the marketplace what it cannot make itself, the costs incurred are referred to as:

• switching costs.

• network costs.

• procurement.

• agency costs.

• transaction costs.

Which model is used to describe the interaction of external forces that affect an organization's strategy and ability to compete?

• Network economics model

• Competitive forces model

• Competitive advantage model

• Demand control model

• Agency costs model

Which of the following industries has the lowest barrier to entry?

• Automotive

• Computer chip

• Solar energy

• Airline

• Small retailer

All of the following are competitive forces in Porter's model except:

• suppliers.

• new market entrants.

• disruptive technologies.

• customers.

• substitute products.

All of the following are IT-enabled products and services providing competitive advantage except:

• Amazon's one-click shopping.

• Apple's iTunes.

• Ping's golf club customization.

• PayPal's online person-to-person payment system.

• Nike's use of celebrities to market their products.

The Internet increases the bargaining power of customers by:

• creating new opportunities for building loyal customer bases.

• making more products available.

• making information available to everyone.

• lowering transaction costs.

• enabling the development of new services.