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ISDS 3100 Final Exam Questions & Answers 2024/2025 £6.93   Add to cart

Exam (elaborations)

ISDS 3100 Final Exam Questions & Answers 2024/2025

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  • Module
  • ISDS 3100
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  • ISDS 3100

ISDS 3100 Final Exam Questions & Answers 2024/2025 _________ information systems guidelines focus on the technical components of a firm's information systems - ANSWERSTechnical Which of the following is a common benefit of the strategic information systems planning process? - ANSWERSCommuni...

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  • September 16, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ISDS 3100
  • ISDS 3100
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ISDS 3100 Final Exam Questions &
Answers 2024/2025

_________ information systems guidelines focus on the technical components of a firm's information
systems - ANSWERSTechnical



Which of the following is a common benefit of the strategic information systems planning process? -
ANSWERSCommunication, unity of purpose, and simplified decision making



Companies that compete within the same industry usually have similar information systems visions,
particularly when these companies are head-to-head competitors. - ANSWERSFalse



Due to the rapid pace of technological innovations, most successful organizations rely on productive
partnerships between IT executives and their functional counterparts. - ANSWERSTrue



Which phase of the IS planning process consists of defining the organization's mission, future direction,
performance targets, and strategy? - ANSWERSStrategic business planning



Which phase of the IS planning process consists of developing a concise statement that captures what
the planning team believes should be the role of IS resources in the firm? - ANSWERSInformation
systems vision



Which phase of the IS planning process consists of developing proposals that identify new systems,
projects, or directions for the IS organization - ANSWERSStrategic initiatives



The first step in the strategic information systems planning process involves: - ANSWERSStrategic
business planning



Strategic alignment has been achieved when the priorities and activities of the IS function and the
strategic direction of the firm are aligned. - ANSWERSTrue

, __________ can be thought of as blueprints that enable the firm to achieve its information vision. -
ANSWERSInformation systems guidelines



Which of the following is a valid method of improving one's competitive advantage? - ANSWERSReduce
supplier opportunity cost



Input resources in a transformation process can be any element of production, including: raw materials,
labor, and support services like storage and transport, etc. - ANSWERSTrue



The analysis of added value is only useful when a company is planning for new innovations -
ANSWERSFalse



The price of coffee beans to make a standard coffee cup cost $1. The rest of the raw materials and
expenses per cup are $0.85. If its determined that customers are willing to pay $5 per cup for the coffee,
what is the total value created? - ANSWERS$3.15



Andy is in the business of buying Ford vans and medical equipment to make ambulances. The materials
have $50,000 value total for the suppliers, and customers are willing to pay $100,000 for the finished
ambulance. How much value does Andy create by making an ambulance? - ANSWERS$50,000



Leslie sells daily planners which consumers are willing to buy for $25. A competing company entered the
market recently that uses the exact same materials and specifications that consumers will buy for the
same price. How much added value does Leslie contribute in this competitive market? - ANSWERS$0



Ron, a skilled woodcrafter, creates $2,000 value from each of his artisan tables. If customers are willing
to spend $5,000 for the table, what is the supplier opportunity cost involved in Ron's operation? -
ANSWERS$3,000



Ann's upscale boutique in New York creates custom-made dresses for clients. One of them is willing to
pay extra to get the order completed urgently. Ann, who was considering a vacation at this time, will stay
to complete this project first. This is creating new value for her business. - ANSWERSTrue



Email applications, human resources systems, and point-of-sale systems are examples of which type of
information system? - ANSWERSTactical

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