IFSM 300 Quiz 1Latest Update 2024-2025 Actual
Exam with Questions and 100% Verified Correct
Answers Guaranteed A+
A strategic information system is one that attempts to do one or more of the following:
(select all that apply) - CORRECT ANSWER: help an organization focus on a specific
market segment
deliver a product or a service at a lower cost
enable innovation
deliver a product or service that is differentiated
According to the Five Forces Model developed by Harvard Business professor Michael
Porter, all of the following are major factors that determine a company's standing in an
industry, except for which one? - CORRECT ANSWER: Threat of entry of new
competitors
Bargaining power of suppliers
POLITICAL and/or economic factors
Threat of substitute products/services
Identify the correct sequence of events in organizational strategic planning. - CORRECT
ANSWER: Mission, Environmental Analysis, Goals, Objectives
The term "digital divide" refers to: - CORRECT ANSWER: The separation of those who
have access to the global network and those who do not
True or false: Highly qualified vendors, consultants, and IT departments are the most
important elements for the successful implementation of enterprise technologies. -
CORRECT ANSWER: False
What business approach has enabled Walmart to drive prices down and react to market
conditions more quickly? - CORRECT ANSWER: Supply chain management system
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 Tutordiligent. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
