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Competitive strategy determines the structure, features, and functions of every information system
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What DOESN'T affect buyer power?
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Porter's four competitive strategies can result in a combination of each of these except:
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Cost Leader, Industry Wide
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Cost Leader, Differetiation
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Differentiation, Industry Wide
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Industry Segment, Differentiation
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Which is NOT a primary activity in the value chain?
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Operations
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Service
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Procurement
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Marketing and Sales
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What is a Business Process?
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Cost of inputs + Cost of activities
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Value of all outputs - Costs
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Network of activities that generate value by transforming inputs into outputs
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A collection of something
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Social Media Information supports the sharing of content among a network of uers
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Business processes vary in cost and effectiveness
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The two ways IS provides competitive advantages are: product implementations and process implementations
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The tree types of capital are: Traditional, Human, and ________.
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Technological
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Owned
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Social
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Invested
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What are the Four Pillars of a Hyper-Social Organization?
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Consumers become Humans
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Market Segments become Tribes
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Structure and Control becomes Messiness
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Consumers become Tribes
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Channels becomes Networks
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Which is NOT included in dynamic processes?
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Usually requires human judgements
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All decisions can be made by computers
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Flexible, informal, and adaptive
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Involves strategic decisions
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Companies should monitor unfavorable reviews and delete them in a timely manner because unfavorable reviews provide no benefit to the companies or consumers
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Reputation management services are a tool for ____________ activity in SEAMS
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Measure
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Sense
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Engage
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Activate
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Which of the following is an example of a dynamic process?
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Social Netowkring
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Customer Returns
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Order Entry
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Purchasing
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Process efficiency is the measure of the process inputs and outputs
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Which of the following is an example of IS improving the quality of a business process?
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Augmenting a human
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Performing an Activity
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Controlling Process Flow
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Which of the following does NOT cause information silos?
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Different departments have common long term goals
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Different personal and workgroup needs
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Duplicated and inconsistent data
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Data isolated in islands of automation
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A way to limit information silos is to store a single copy of the data in a shared database, and revising business processes and applications to use that database
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In a CRM system, what is not one of the four phases of the customer life cycle?
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Attract
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Categorize
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Sell
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Support and Resell
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Research
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An Enterprise Resource Planning (ERP) is a suite of applications (modules), a database, and a set of inherent processes for consolidating business operations into a single, consistent, computing platform
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Why is it important to have ethical data?
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More colors and text will improve your data visualization
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Which of the following should you check to understand infographics?
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Data Alterations
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Data Source
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Data Presentation
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All of the above