Test Bank for: Management Information Systems:
v v v v v
Managing the Digital Firm, 17th Edition By Kenneth C.
v v v v v v v v v
Laudon, Jane P. Laudon.
v v v v
Test Bank
v Page 1
v
,Management Information Systems: Managing the Digital Firm, 17e (Laudon)
v v v v v v v v
Chapter 1 Information Systems in Global Business Today
v vvv v v v v v
1) Which of the following is not one of the six strategic business objectives of information
v v v v v v v v v v v v v v v
systems?
v
A) New products and services
v v v v
B) Improved decision making
v v v
C) Competitive advantage
v v
D) Improved employee morale
v v v
E) Survival
v
Answer: D vv
Difficulty: Challenging vv
AACSB: Information technology
vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
2) Verizon's use of a web-based digital dashboard to provide managers with precise real-time
v v v v v v v v v v v v v
information enabled it to improve which of the following?
v v v v v v v v v
A) Compliance with regulations
v v v
B) Managerial decision making
v v v
C) Efficiency in creation of new products
v v v v v v
D) Employee morale
v v
E) Intimacy with its suppliers
v v v v
Answer: B vv
Difficulty: Challenging vv
AACSB: Information technology
vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
3) Which of the following may lead to competitive advantage?
v v v v v v v v v
1. New products, services, and business models;
v v v v v v
Test Bank v Page 2
v
,2. Charging less for superior products;
v v v v v
3. Responding to customers in real time
v v v v v v
A) 1 only
v v
B) 1 and 2
v v v
C) 2 and 3
v v v
D) 1 and 3
v v v
E) 1, 2, and 3
v v v v
Answer: E vv
Difficulty: Challenging vv
AACSB: Analytical thinking vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
4) A firm that invests in an information system because it is a necessity of doing business does
v v v v v v v v v v v v v v v v v
so because it is seeking to achieve which of the following business objectives?
v v v v v v v v v v v v v
A) Operational excellence
v v
B) Improved decision making
v v v
C) Competitive advantage
v v
D) Customer intimacy
v v
E) Survival
v
Answer: E vv
Difficulty: Moderate vv
AACSB: Information technology vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
5) The Mandarin Oriental's use of computer systems to keep track of guests' preferences is an
v v v v v v v v v v v v v v v
example of which of the following?
v v v v v v
A) Improved flexibility
v v
B) Improved decision making
v v v
C) Improved efficiency
v v
D) Customer intimacy
v v
Test Bank v Page 3 v
, E) Operational excellence
v v
Answer: D vv
Difficulty: Moderate vv
AACSB: Information technology
vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
6) Competitors were seeking which of the following business objectives when they rushed to
v v v v v v v v v v v v v
provide ATMs after Citibank introduced the first ATMs in New York?
v v v v v v v v v v v
A) Improved efficiency
v v
B) Customer and supplier intimacy
v v v v
C) Survival
v
D) Competitive advantage
v v
E) Improved decision making
v v v
Answer: C vv
Difficulty: Moderate vv
AACSB: Information technology
vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
running and managing a business today?
v v v v v v
7) Which of the following is the key business metric behind the technologies implemented by
v v v v v v v v v v v v v v
Kroger, as discussed in the chapter-opening case?
v v v v v v v
A) Higher customer satisfaction levels
v v v v
B) Survival
v
C) Improved employee morale
v v v
D) Improved decision making
v v v
E) Reduced cost of supplies
v v v v
Answer: A vv
Difficulty: Moderate vv
AACSB: Analytical thinking
vv v
LO: 1-1: How are information systems transforming business, and why are they so essential for
vv v v v v v v v v v v v v v
Test Bank v Page 4 v
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ascorers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.