True or False with Justification 1. A strategic plan is any information system that uses IT to help an organization gain a competitive advantage, reduce a competitive disadvantage, or meet other strategic enterprise objectives ( ). 2. The competitive forces that strategies must counter are: rivalry of competitors, new entrants into an industry and its markets, substitute products that may capture market share, bargaining power of customers, and bargaining power of suppliers ( ). 3. Focusing on a particular segment or niche of market is Cost Leadership strategy ( ). 4. Expanding into global market is Growth Strategy ( ). 5. Using IT to develop virtual company of business partners is Alliance Strategy using IT ( ). 6. Using IT to manage regional and global business expansion is Growth Strategy ( ). 7. Using Customer Relationship Management (CRM) systems to focus on the customer is cost leadership strategy ( ). 8. Knowledge Management is fundamental rethinking and radical redesign of business processes, it seeks look for to achieve improvements in cost, quality, speed, and service ( ). 9. Organizational redesign approaches are an important enabler of reengineering, these approaches includes use of IT, process teams, and case managers. 10. IT plays an important role in reengineering most business processes. It can substantially largely increase process efficiencies, improves communication, and facilitates collaboration ( ). 11. The virtual company can be achieved without IT ( ). 12. One strategy of virtual company is increasing concept-to-cash time through sharing ( ). 13. Explicit knowledge is how-to knowledge in workers minds ( ). 14. Makes better use of accumulated workplace and enterprise knowledge is one successful factor for knowledge Management Systems ( ).