ISDS 3001 MIDTERM EXAMS UPDATED
QUESTIONS AND ANSWERS SURE A+
✔✔the four quadrants of the strategic impact grid are the factory, strategic, support, and
turnaround. T/ F - ✔✔True
✔✔Which of the following is NOT an advantage offered by the information system
planning process?
Select one:
A.An opportunity
B.A strength
C.A threat
D.A weakness - ✔✔The information systems plan is an informal contract that specifies
the objective information systems deployment and responsibilities of the parties
✔✔As part of its' IS strategic business planning process, a multinational large bank is
conducting a SWOT analysis to review how well equipped it is to achieve its vision in
accordance with the newly developed IS guidelines. The bank is globally recognized as
one of the most innovative institutions in the industry that tends to keep up with the
latest technology trends. In this context, blockchain, the distributed ledger technology, is
likely to be perceived by the bank as:
Select one:
A.An opportunity
, B.A strength
C.A threat
D.A weakness - ✔✔An opportunity
✔✔A long-term proposal that identifies new systems, new projects, or new directions fo
the IS organization is an example of:
Select one:
A.A strategic initiative
B.A business strategy
C.An information systems assessment
D.An information systems vision
E.An information systems guideline - ✔✔A strategic initiative
✔✔We defined the concept of value appropriation as:
Select one:
A.The process by which the total value created in the transaction is split among all the
entities who contributed to creating it.
B.The set of activities the company engages in to convert inputs purchased from
suppliers, into outputs to be sold to customer.
C.The process by which new economic value is generated through a transformation
process.
D.The condition where a firm engages in a unique transformation process and has been
able to distinguish its offerings from those of competitors. - ✔✔The process by which
the total value created in the transaction is split among all the entities who contributed to
creating it.
✔✔competitive advantage is:
Select one:
A.The condition where a firm engages in a unique transformation process and has been
able to distinguish its offerings from those of competitors.
B.The set of activities the company engages in to convert inputs purchased from
suppliers, into outputs to be sold to customer.
C.The process by which the total value created in the transaction is split among all the
entities who contributed to creating it.
D.The process by which new economic value is generated through a transformation
process." - ✔✔The condition where a firm engages in a unique transformation process
and has been able to distinguish its offerings from those of competitors
✔✔Which of the following is an entity that does NOT share the total value created by a
transformation made in your firm?
Select one:
A.Competitor
B.Your Firm
C.Supplier
D.Customer - ✔✔Competitor
QUESTIONS AND ANSWERS SURE A+
✔✔the four quadrants of the strategic impact grid are the factory, strategic, support, and
turnaround. T/ F - ✔✔True
✔✔Which of the following is NOT an advantage offered by the information system
planning process?
Select one:
A.An opportunity
B.A strength
C.A threat
D.A weakness - ✔✔The information systems plan is an informal contract that specifies
the objective information systems deployment and responsibilities of the parties
✔✔As part of its' IS strategic business planning process, a multinational large bank is
conducting a SWOT analysis to review how well equipped it is to achieve its vision in
accordance with the newly developed IS guidelines. The bank is globally recognized as
one of the most innovative institutions in the industry that tends to keep up with the
latest technology trends. In this context, blockchain, the distributed ledger technology, is
likely to be perceived by the bank as:
Select one:
A.An opportunity
, B.A strength
C.A threat
D.A weakness - ✔✔An opportunity
✔✔A long-term proposal that identifies new systems, new projects, or new directions fo
the IS organization is an example of:
Select one:
A.A strategic initiative
B.A business strategy
C.An information systems assessment
D.An information systems vision
E.An information systems guideline - ✔✔A strategic initiative
✔✔We defined the concept of value appropriation as:
Select one:
A.The process by which the total value created in the transaction is split among all the
entities who contributed to creating it.
B.The set of activities the company engages in to convert inputs purchased from
suppliers, into outputs to be sold to customer.
C.The process by which new economic value is generated through a transformation
process.
D.The condition where a firm engages in a unique transformation process and has been
able to distinguish its offerings from those of competitors. - ✔✔The process by which
the total value created in the transaction is split among all the entities who contributed to
creating it.
✔✔competitive advantage is:
Select one:
A.The condition where a firm engages in a unique transformation process and has been
able to distinguish its offerings from those of competitors.
B.The set of activities the company engages in to convert inputs purchased from
suppliers, into outputs to be sold to customer.
C.The process by which the total value created in the transaction is split among all the
entities who contributed to creating it.
D.The process by which new economic value is generated through a transformation
process." - ✔✔The condition where a firm engages in a unique transformation process
and has been able to distinguish its offerings from those of competitors
✔✔Which of the following is an entity that does NOT share the total value created by a
transformation made in your firm?
Select one:
A.Competitor
B.Your Firm
C.Supplier
D.Customer - ✔✔Competitor
