ISDS 3001 Burns Final Exam 100% Correct Answers Verified Latest 2024 Version
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ISDS 3001 Burns Final Exam | 100% Correct
Answers | Verified | Latest 2024 Version
A long term proposal that identifies new systems, new projects, or new directions for the IS organization
is an example of: - A strategic initiative
Which of the following is not an advantage offered by the infor...
ISDS 3001 Burns Final Exam | 100% Correct
Answers | Verified | Latest 2024 Version
A long term proposal that identifies new systems, new projects, or new directions for the IS organization
is an example of: - ✔✔A strategic initiative
Which of the following is not an advantage offered by the information system planning process? -
✔✔The information systems plan is an informed contract that specifies the objective of information
systems deployment and the responsibilities of the parties involved
The following statement: "We will store data centrally for all mission critical applications" is an example
of: - ✔✔Information Systems Guideline
Why do we need to create an Information System Vision during the strategic IS planning process? - ✔✔It
defines the role that information systems should play in the organization
As part of its' IS strategic business planning process, a multinational large bank is conducting a SWOT
analysis to review how well equipped it is to achieve its vision in accordance with the newly developed IS
guidelines. The bank is globally recognized as one of the most innovative institutions in the industry that
tends to keep up with the latest technology trends. In this context, blockchain, the distributed ledger
technology, is likely to be perceived by the bank as: - ✔✔An opportunity
There are six key questions that senior executives should answer when getting involved in information
systems management. The first question is "How much should we spend on IT?" This question is
intended to: - ✔✔Decide what the role of information systems and technology should be in the
organization.
In September 2018, Facebook suffered the biggest data breach in its 14-year history as a social media
platform. An attack on Facebook's computer network exposed the personal information of nearly 50
million users. Going forward, one of the critical success factors of Facebook would be to: - ✔✔Increase
user confidence and trust in Facebook by ensuring improved security measures within the platform
, An information system vision defines the role that information systems should play in the organization.
For what kind of organizations do information systems play a more strategic role? - ✔✔The organizations
whose success in the marketplace depends heavily on their ability to introduce IT innovations
The four quadrants of the strategic impact grid are the factory, strategic, support, and turnaround. -
✔✔True
Delta Airlines is a major United States airline which, along with subsidiaries and regional affiliates,
operates over 5,400 flights daily. Its infrastructure enables Delta to operate with the needed degree of
efficiency and effectiveness. Even small disruptions can endanger Delta's wellbeing and future viability as
an airline carrier. Which quadrant of the strategic impact grid do you think Delta can be placed in? -
✔✔Factory
A customer's willingness to pay is the same as the price they pay - ✔✔False
You invented the iPet, an app that lets pet owners track their animals. There is only one competitor,
iDog, and it produces a similar product. Your analysis shows that SOC for iPet and iDog is the same: $20.
But CWP for iPet is $25 and for iDog it is $23. Do you have a competitive advantage? - ✔✔Yes. Because
iPet is the only firm in the market able to create $5 worth of value
Competitive advantage is: - ✔✔The condition where a firm engages in a unique transformation process
and has been able to distinguish its offerings from those of competitors.
To create value you must increase customer willingness to pay more than supplier opportunity cost. -
✔✔True
Which of the following is an entity that does NOT share the total value created by a transformation made
in your firm? - ✔✔Competitor
Added value is: - ✔✔That portion of the total value created that would be lost if the firm did not partake
in the exchange.
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