Test Bank For Management Information Systems Managing the Digital Firm, 17th edition Kenneth C. Laudon, Jane P. Laudon Chapter 1-15 (Complete And Verified Study material) (438pages) LEARNEXAMS

Chapter 1 Information Systems in Global Business Today 1) Which of the following is not one of the six strategic business objectives that businesses are seeking to achieve when they invest in information systems? A) Operational excellence B) Improved decision making C) Improved community relations D) Competitive advantage E) Survival Answer: C Difficulty: Challenging AACSB: Information technology LO: 1-1: How are information systems transforming business, and why are they so essential for running and managing a business today? 2) Verizon Corporation uses a web-based digital dashboard to provide managers with real-time information in order to: A) comply with regulations. B) improve decision making. C) create customer intimacy. D) improve employee morale. E) create supplier intimacy. Answer: B Difficulty: Challenging AACSB: Information technology LO: 1-1: How are information systems transforming business, and why are they so essential for running and managing a business today? 3) Which of the following may lead to competitive advantage? 1. New products, services, and business models 2. Charging less for superior products 3. Responding to customers in real time A) 1 only B) 1 and 2 C) 2 and 3 D) 1 and 3 E) 1, 2, and 3 Answer: E Difficulty: Challenging AACSB: Analytical thinking LO: 1-1: How are information systems transforming business, and why are they so essential for