100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
OMIS 350 Question and answers already passed £11.42   Add to cart
Quickly navigate to
Preview
  2.  
  3. OMIS
  4.  
  5. OMIS

Exam (elaborations)

OMIS 350 Question and answers already passed

 5 views  0 purchase
  • Module
  • OMIS
  • Institution
  • OMIS

OMIS 350 Question and answers already passed OMIS 350. Exam 1. SELU. Baldwin. Emerging mobile digital platform Growing business use of "big data" Growth in cloud computing - correct answer How information systems are transforming business Internet has drastically reduced costs of operat...

[Show more]

Preview 2 out of 14  pages

Document information

  • November 5, 2024
  • 14
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • omis 350
  • omis 350 question and answers already passed

Written for

  • OMIS
  • OMIS

Seller

avatar-seller
Academia199

Reviews received

Content preview

OMIS 350. Exam 1. SELU. Baldwin.
Emerging mobile digital platform
Growing business use of "big data"
Growth in cloud computing - correct answer ✔How information systems are
transforming business


Internet has drastically reduced costs of operating on global scale
Increases in foreign trade, outsourcing
Presents both challenges and opportunities - correct answer ✔Globalization
opportunities


Big data - correct answer ✔Reviews before you buy something


Emerging, fully digital firm - correct answer ✔-Significant business
relationships are digitally enabled and mediated.
-Core business processes are accomplished through digital networks.
-Key corporate assets are managed digitally


Digital firms - correct answer ✔Offer greater flexibility in organization and
management


Time shifting and space shifting - correct answer ✔Connected to
globalization


Core business processes - correct answer ✔Tasks you need to accomplish
to run

, -Ability to use information technology and
-Ability to implement corporate strategies and achieve corporate goals -
correct answer ✔Growing interdependence between:


1. Operational excellence
2. New products, services, and business
models
3. Customer and supplier intimacy
4. Improved decision making
5. Competitive advantage
6. Survival - correct answer ✔Firms invest heavily in information systems to
achieve six strategic business objectives:


More efficient - correct answer ✔Technology makes you:


Walmart - correct answer ✔What store is the low cost leader


Operational excellence - correct answer ✔Improvement of efficiency to attain
higher profitability


Business model - correct answer ✔Describes how company produces,
delivers, and sells product or service to create wealth


Information services and technology - correct answer ✔Major enabling tools
for new products, services, and business models


Customers returning, which raises revenues and profits - correct answer
✔Serving customers well leads too:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

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 Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £11.42. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£11.42
  • (0)
  Add to cart