Question 1

The _______________ models suggest that the speed and aggressiveness of the moves and countermoves in any given market create an environment in which advantages are "rapidly created and eroded."

Accepted Answer

The answer of The _______________ models suggest that the speed...

Question 2

A clear and compelling statement that unifies an organization's efforts and describes what the organization is all about is called its _________.

Accepted Answer

The answer of A clear and compelling statement that unifies...

Question 3

CRM stands for ________________.

Accepted Answer

The answer of CRM stands for ________________....

Question 4

To avoid unwanted consequences,altering the IT Strategy requires adjustments to the organizational strategy.

Accepted Answer

IT strategy is closely aligned with the organizational strategy and any changes in one may impact the other. Therefore, altering the IT strategy requires adjustments to the organizational strategy to avoid unwanted consequences.

Question 5

In order to assess the critical issues in information management,a manager should know the IS infrastructure components.These are hardware,software,network and _______.

Accepted Answer

The answer of In order to assess the critical issues...

Question 6

The business diamond includes structure,tasks,information and controls,and ___________________________.

Accepted Answer

The answer of The business diamond includes structure,tasks,information and controls,and...

Question 7

L.L.Bean is an online/catalog retail company that aggressively uses tools like instant messaging to communicate with customers regarding potential purchases and uses Facebook for branding activities.This use of technology supports which strategy?

Accepted Answer

The use of technology, specifically instant messaging and Facebook, to communicate with customers and promote branding activities supports a social business strategy. This strategy focuses on using social media and technology to engage with customers, build brand awareness, and create a positive customer experience.

Question 8

Technology guru Tim O'Reilly said this about the publishing industry: "To adapt,publishers need to cannibalize their own business,experimenting with new forms,new formats,and new business models." This statement is consistent with:

Accepted Answer

Tim O'Reilly's statement is consistent with the concept of hypercompetition, which refers to intense and rapid competition among companies in a rapidly changing market. In hypercompetitive markets, companies must constantly innovate, experiment with new ideas, and disrupt their own business models in order to stay ahead. Cannibalizing their own businesses and experimenting with new forms and formats are both strategies that companies can use to stay competitive in a hypercompetitive market.

Question 9

The IS strategy drives the business strategy.

Accepted Answer

Business strategy typically drives the Information Systems (IS) strategy, as the IS strategy is developed to support and enable the overarching goals and directions of the business.

Question 10

Once a firm is out of alignment,it does not mean that it has to stay that way.

Accepted Answer

It is possible for firms to realign themselves and improve their performance. Business strategies, leadership changes, and other interventions can help the firm get back on track.

Question 11

GE employees develop strategies to destroy an existing competitive advantage so that they can then find fresh new ways to server the customer by applying a ________ strategy.

Accepted Answer

The answer of GE employees develop strategies to destroy an...

Question 12

According to Porter's Generic Strategies Framework,a company that limits its scope to a narrower segment of the market is exercising this type of strategy.

Accepted Answer

The answer of According to Porter's Generic Strategies Framework,a company...

Question 13

Which one of the following is NOT part of the information systems strategy matrix?

Accepted Answer

The information systems strategy matrix includes hardware, software, networking, and data as essential components. Personnel is not a typical component of the matrix, as it represents the individuals who use the other components rather than a component in and of itself.

Question 14

The IS strategy can affect and is affected by changes in a company's business and _______ strategies.

Accepted Answer

The answer of The IS strategy can affect and is...

Question 15

Social business opportunities fall into one of three categories: collaboration,engagement or ______.

Accepted Answer

The answer of Social business opportunities fall into one of...

Question 16

Business strategies based on hypercompetition focus on customer satisfaction and profit maximization but also build in a component of business intelligence.Business intelligence helps an agile organization to:

Accepted Answer

Business intelligence enables organizations to analyze data and trends, allowing them to predict and respond to new opportunities effectively.

Question 17

There has been accelerated competition and churn among market leaders concurrent with the increases in the quality and quantity of IT investments.

Accepted Answer

The sentence clearly states that there has been competition and churn among market leaders, which implies that there are multiple players in the market. This competition is likely driven by the increases in the quality and quantity of IT investments, which can enable companies to operate more efficiently and effectively.

Question 18

Apple's introduction of the iPhone while iPod sales were still very strong is an example of DYB.

Accepted Answer

DYB (Destroy Your Business) strategy involves introducing a new product that cannibalizes the sales of an existing product. In this case, the iPhone was introduced while iPod sales were still strong, leading to a decline in iPod sales.

Question 19

A social business strategy needs to align itself with the organization's IT strategy but not the business strategy.

Accepted Answer

A social business strategy needs to align itself with both the organization's IT strategy and its overall business strategy to ensure that it supports and enhances the organization's overall goals and objectives.

Question 20

GE recognized that it could only sustain its competitive advantage for a limited time as competitors attempted to outmaneuver them. What was the model that Welch applied to help solve this problem?

Accepted Answer

The answer of GE recognized that it could only sustain...

Quiz 1: Linking Systems Strategy and the Organization