MIS EXAM: CHAPTER 1 EXAM
QUESTIONS WITH NEW UPDATE
SOLUTIONS
/. Which of the following forces is commonly reduced through the use of a loyalty
program?
a. Buyer power
b. Rivalry among existing competitors
c. Threat of new entrants
d. Supplier power - Answer-✅Buyer power
/.What is the ease with which people perform transactions and/or find information?
a. Conversion rates
b. Financial
c. Usability
d. no selections listed - Answer-✅Usability
/.According to Peter Drucker, what are managers who do the right things addressing?
a. Efficiency
b. Selection
c. Effectiveness
d. Determination - Answer-✅Effectiveness
/.Which part of the value chain acquires raw materials and manufactures, delivers,
markets, sells, and provides after-sales services?
a. Primary value activities
b. Support value activities
c. no selections listed
d. Secondary value activities - Answer-✅Primary value activities
/.Which of the following is an example of the way that information technology can
reduce supplier power for an organization and create a competitive advantage?
a. Reverse auction
b. Switching costs
c. Loyalty program
d. Entry barrier - Answer-✅Reverse auction
/.Which of the following represents the order of priority for the three primary
organizational key resources?
a. Information, people, information technology
, b. Information, information technology, people
c. none of the choices listed
d. People, information, information technology - Answer-✅People, information,
information technology
/.What is a competitive advantage?
a. A product or service that an organization's customers value more highly than similar
offerings from a competitor
b. A product or service that an organization's customers value more highly than similar
offerings from a supplier
c. A product that an organization's customers value the same as an identical offer from
a competitor
d. A service that an organization's customers value more highly than similar offerings
from a supplier - Answer-✅A product or service that an organization's customers value
more highly than similar offerings from a competitor
/.Which of the following is a broad function of a CIO?
a. Building and maintaining strong executive relationships
b. Ensuring that the strategic vision of IT is in line with the strategic vision of the
organization
c. All choices listed
d. Ensuring the delivery of all IT projects, on time and within budget - Answer-✅All
choices listed
/.Who is responsible for ensuring the security of IT systems and developing strategies
and IT safeguards against attacks from hackers and viruses?
a. CPO
b. CIO
c. CSO
d. CTO - Answer-✅CSO
/.Which information culture allows employees to use information as a means of
exercising influence or power over others?
a. Information-sharing culture
b. Information-functional culture
c. Information-inquiring culture
d. Information-discovery culture - Answer-✅Information-functional culture
/.Information technology equals business success and innovation.
a. True
b. False - Answer-✅False
/.Why do students need to study information technology?
a. Information technology is everywhere in business
b. Information technology is rarely discussed in business magazines
c. Information technology is rarely used in organizations
QUESTIONS WITH NEW UPDATE
SOLUTIONS
/. Which of the following forces is commonly reduced through the use of a loyalty
program?
a. Buyer power
b. Rivalry among existing competitors
c. Threat of new entrants
d. Supplier power - Answer-✅Buyer power
/.What is the ease with which people perform transactions and/or find information?
a. Conversion rates
b. Financial
c. Usability
d. no selections listed - Answer-✅Usability
/.According to Peter Drucker, what are managers who do the right things addressing?
a. Efficiency
b. Selection
c. Effectiveness
d. Determination - Answer-✅Effectiveness
/.Which part of the value chain acquires raw materials and manufactures, delivers,
markets, sells, and provides after-sales services?
a. Primary value activities
b. Support value activities
c. no selections listed
d. Secondary value activities - Answer-✅Primary value activities
/.Which of the following is an example of the way that information technology can
reduce supplier power for an organization and create a competitive advantage?
a. Reverse auction
b. Switching costs
c. Loyalty program
d. Entry barrier - Answer-✅Reverse auction
/.Which of the following represents the order of priority for the three primary
organizational key resources?
a. Information, people, information technology
, b. Information, information technology, people
c. none of the choices listed
d. People, information, information technology - Answer-✅People, information,
information technology
/.What is a competitive advantage?
a. A product or service that an organization's customers value more highly than similar
offerings from a competitor
b. A product or service that an organization's customers value more highly than similar
offerings from a supplier
c. A product that an organization's customers value the same as an identical offer from
a competitor
d. A service that an organization's customers value more highly than similar offerings
from a supplier - Answer-✅A product or service that an organization's customers value
more highly than similar offerings from a competitor
/.Which of the following is a broad function of a CIO?
a. Building and maintaining strong executive relationships
b. Ensuring that the strategic vision of IT is in line with the strategic vision of the
organization
c. All choices listed
d. Ensuring the delivery of all IT projects, on time and within budget - Answer-✅All
choices listed
/.Who is responsible for ensuring the security of IT systems and developing strategies
and IT safeguards against attacks from hackers and viruses?
a. CPO
b. CIO
c. CSO
d. CTO - Answer-✅CSO
/.Which information culture allows employees to use information as a means of
exercising influence or power over others?
a. Information-sharing culture
b. Information-functional culture
c. Information-inquiring culture
d. Information-discovery culture - Answer-✅Information-functional culture
/.Information technology equals business success and innovation.
a. True
b. False - Answer-✅False
/.Why do students need to study information technology?
a. Information technology is everywhere in business
b. Information technology is rarely discussed in business magazines
c. Information technology is rarely used in organizations
