IFSM 300 Quiz 1Latest Update -

IFSM 300 Quiz 1Latest Update - Exam with Questions and 100% Verified Correct Answers Guaranteed A+

A strategic information system is one that attempts to do one or more of the following: (select all that apply) - CORRECT ANSWER: help an organization focus on a specific market segment deliver a product or a service at a lower cost enable innovation deliver a product or service that is differentiated

According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company's standing in an

industry, except for which one? - CORRECT ANSWER: Threat of entry of new

competitors Bargaining power of suppliers POLITICAL and/or economic factors Threat of substitute products/services

Identify the correct sequence of events in organizational strategic planning. - CORRECT

ANSWER: Mission, Environmental Analysis, Goals, Objectives

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

True or false: Highly qualified vendors, consultants, and IT departments are the most important elements for the successful implementation of enterprise technologies. -

CORRECT ANSWER: False

What business approach has enabled Walmart to drive prices down and react to market conditions more quickly? - CORRECT ANSWER: Supply chain management system

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