3.If there are any significant changes in IS what should be reassessed?

Data strategy

Social strategy

Process strategy

System strategy

Business strategy

4,.\The information systems strategy matrix is made up of four components. Which choice is not part of that matrix?

Hardware

Software

Networking

Data

Social media

5.An investment firm provides its customers mobile applications that significantly simplify traditional investing activities. For example, a customer can purchase a stock by utilizing their phone or tablet. This unique service demonstrates the firms desire to practice which of Porters strategies?

Differentiation

Broad focus

Cost leadership

Cost differentiation

Focus

8.A firms business strategy must respond and adapt to all of the variables in the following list to remain competitive. From this list, which variable does IS have the biggest impact on?

Organizational design

Customer demands

Market forces

The capabilities of the organization

The organizations mission

10.What is the plan an organization uses to deliver IS and services is described as?

Business Diamond

Mission statement

IS Strategy

Cost Leadership

Differentiation

11.When trying to maximize the productiveness of a firms business strategy, the manager must identify and use information resources.

True

False

12.The connection between an organizations Information Systems and its business strategies focuses more on its internal requirements than its external requirements.

True

False

13.There are three major categories of Information Technology capabilities. They are technical skills, management skills, and relationship skills.

True

False

14.When the consumer has limited buying options from a company, the company utilizes which of Porters Five Competitive Forces?

Potential threat of new entrants

Bargaining power of suppliers

Industry competitors

Threat of substitute products

Bargaining power of buyers

16.A small manufacturer releases an innovative technology for rapidly charging electric cars only to have a competitor implement a similar technology with more features and value. Which type of risk would this be?

Demonstrating bad timing

Implementing IS poorly

Mobile-based alternative removes advantages

Awakening a sleeping giant

Running afoul of the law