BADM 7050 Exam 1 (LSU, Schwarz)
Questions With Correct Answers
What |variable |does |IS |help |to |determine |for |an |organization's |business |strategy |to |adapt |and |
remain |competitive? |- |CORRECT |ANSWER✔✔-Sustainable |Competitive |Advantage
Useful |for |determining |whether |a |firm's |strategy |has |created |value |by |using |IT. |Focuses |on |
sustaining |competitive |advantage |but |through |use |of |resources |rather |than |by |raising |
competitive |barriers |- |CORRECT |ANSWER✔✔-RBV |(Resource |Based |View)
A |strategy |whereby |companies |cooperate |and |compete |at |the |same |time |with |companies |in |
their |value |net. |- |CORRECT |ANSWER✔✔-Co-operation
Includes |a |company |and |its |competitors |and |complements |as |well |as |its |customers |and |
suppliers |and |the |interactions |among |all |of |them. |- |CORRECT |ANSWER✔✔-Value |Net
An |inter-organizational |relationship |that |affords |one |or |more |companies |in |the |relationship |a |
strategic |advantage. |- |CORRECT |ANSWER✔✔-Strategic |Alliance
Have |a |core |competency |of |adding |partners |as |necessary |to |quickly |respond |to |customer |
needs. |- |CORRECT |ANSWER✔✔-Elastic |Enterprise
Relate |directly |to |the |value |created |in |a |product |or |service. |(ex. |Inbound |Logistics, |Outbound |
Logistics, |Operations, |Marketing |and |Sales, |Service) |- |CORRECT |ANSWER✔✔-Primary |Activities
Make |it |possible |for |the |primary |activities |to |exist |and |remain |coordinated. |(ex. |Organization, |
Human |Resources, |Technology, |Purchasing) |- |CORRECT |ANSWER✔✔-Support |Activities
, Authority |to |initiate, |approve, |implement, |and |control |various |types |of |decisions |necessary |to |
plan |and |run |the |business. |- |CORRECT |ANSWER✔✔-Decision |Rights
The |set |of |ordered |tasks |needed |to |complete |key |objectives |of |the |business |- |CORRECT |
ANSWER✔✔-Business |Processes
The |structure |set |up |to |ensure |coordination |among |all |units |within |the |organization; |reflects |
allocation |of |decision |rights |- |CORRECT |ANSWER✔✔-Formal |Reporting |Relationships
Mechanisms, |such |as |ad |hoc |groups, |which |work |to |coordinate |and |transfer |information |
outside |the |formal |reporting |relationships |- |CORRECT |ANSWER✔✔-Informal |Networks
The |facts |collected, |stored, |and |used |by |the |organization |- |CORRECT |ANSWER✔✔-Data
The |processes |by |which |future |direction |is |established, |communicated, |and |implemented. |- |
CORRECT |ANSWER✔✔-Planning
The |set |of |measures |that |are |used |to |assess |success |in |the |execution |of |plans |and |the |
processes |by |which |such |measures |are |used |to |improve |the |quality |of |work. |- |CORRECT |
ANSWER✔✔-Performance |Measurement |and |Evaluation
The |monetary |and |non-monetary |devices |used |to |motivate |behavior |within |an |organization. |- |
CORRECT |ANSWER✔✔-Incentives
The |set |of |implicit |and |explicit |beliefs |that |underlies |decisions |made |and |actions |taken; |
reflects |aspirations |about |the |way |things |should |be |done. |- |CORRECT |ANSWER✔✔-Values
The |span |of |the |culture, |i.e., |local, |national, |regional. |- |CORRECT |ANSWER✔✔-Locus
Questions With Correct Answers
What |variable |does |IS |help |to |determine |for |an |organization's |business |strategy |to |adapt |and |
remain |competitive? |- |CORRECT |ANSWER✔✔-Sustainable |Competitive |Advantage
Useful |for |determining |whether |a |firm's |strategy |has |created |value |by |using |IT. |Focuses |on |
sustaining |competitive |advantage |but |through |use |of |resources |rather |than |by |raising |
competitive |barriers |- |CORRECT |ANSWER✔✔-RBV |(Resource |Based |View)
A |strategy |whereby |companies |cooperate |and |compete |at |the |same |time |with |companies |in |
their |value |net. |- |CORRECT |ANSWER✔✔-Co-operation
Includes |a |company |and |its |competitors |and |complements |as |well |as |its |customers |and |
suppliers |and |the |interactions |among |all |of |them. |- |CORRECT |ANSWER✔✔-Value |Net
An |inter-organizational |relationship |that |affords |one |or |more |companies |in |the |relationship |a |
strategic |advantage. |- |CORRECT |ANSWER✔✔-Strategic |Alliance
Have |a |core |competency |of |adding |partners |as |necessary |to |quickly |respond |to |customer |
needs. |- |CORRECT |ANSWER✔✔-Elastic |Enterprise
Relate |directly |to |the |value |created |in |a |product |or |service. |(ex. |Inbound |Logistics, |Outbound |
Logistics, |Operations, |Marketing |and |Sales, |Service) |- |CORRECT |ANSWER✔✔-Primary |Activities
Make |it |possible |for |the |primary |activities |to |exist |and |remain |coordinated. |(ex. |Organization, |
Human |Resources, |Technology, |Purchasing) |- |CORRECT |ANSWER✔✔-Support |Activities
, Authority |to |initiate, |approve, |implement, |and |control |various |types |of |decisions |necessary |to |
plan |and |run |the |business. |- |CORRECT |ANSWER✔✔-Decision |Rights
The |set |of |ordered |tasks |needed |to |complete |key |objectives |of |the |business |- |CORRECT |
ANSWER✔✔-Business |Processes
The |structure |set |up |to |ensure |coordination |among |all |units |within |the |organization; |reflects |
allocation |of |decision |rights |- |CORRECT |ANSWER✔✔-Formal |Reporting |Relationships
Mechanisms, |such |as |ad |hoc |groups, |which |work |to |coordinate |and |transfer |information |
outside |the |formal |reporting |relationships |- |CORRECT |ANSWER✔✔-Informal |Networks
The |facts |collected, |stored, |and |used |by |the |organization |- |CORRECT |ANSWER✔✔-Data
The |processes |by |which |future |direction |is |established, |communicated, |and |implemented. |- |
CORRECT |ANSWER✔✔-Planning
The |set |of |measures |that |are |used |to |assess |success |in |the |execution |of |plans |and |the |
processes |by |which |such |measures |are |used |to |improve |the |quality |of |work. |- |CORRECT |
ANSWER✔✔-Performance |Measurement |and |Evaluation
The |monetary |and |non-monetary |devices |used |to |motivate |behavior |within |an |organization. |- |
CORRECT |ANSWER✔✔-Incentives
The |set |of |implicit |and |explicit |beliefs |that |underlies |decisions |made |and |actions |taken; |
reflects |aspirations |about |the |way |things |should |be |done. |- |CORRECT |ANSWER✔✔-Values
The |span |of |the |culture, |i.e., |local, |national, |regional. |- |CORRECT |ANSWER✔✔-Locus
