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Exam (elaborations)

IFSM 300 Exam/15 Questions and Answers/100% Scores

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IFSM 300 Exam/15 Questions and Answers/100% Scores

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  • November 25, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Victorious23
IFSM 300 Exam/15 Questions and
Answers/100% Scores
Which of the following are components of an information system? (select all
that apply) - -data
hardware
process
software
people

- Which of the following is exemplified by customers finding a different way
to get the product or service? - -threat of substitute product or services

- Which use of the Internet could have a negative impact on a company's
competitive position? - -allowing potential customers to find possible
substitute products

- The term "digital divide" refers to: - -The separation of those who have
access to the global network and those who do not

- Which of the following are critical in today's business world? (select all that
apply) - -Understanding how organizations translate their high-level mission
into specific objectives and align with technology solutions

Identifying how an information system can provide competitive advantage

Understanding how businesses use technology for strategic advantage

Ability to identify business opportunities that can be supported by
information technology.

A, B, C, & D ARE CORRECT

- Identify the correct sequence of events in organizational strategic
planning. - -Mission, Environmental Analysis, Goals, Objectives

- Which of the following are the two primary methods for obtaining
competitive advantage described by Michael Porter? (select the two that
apply) - -A)
value chain creation
B)
differentiation advantage
C)
advantage of bringing new products to market

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