for Managers in the Digital Age, 5th
Edition by Piccoli With Questions
and Answers
A digital dashboard displays charts and graphs with up-to-the-minute
performance indicators on sales, profit, expenses and inventory. This is an
example of a(n) ___________________________ - Correct Answer--EIS ()
true or false:A transaction processing system tracks daily business operations. A
strategic information system is created to meet a specific business goal and
provide a competitive advantage. - Correct Answer--true
true or false:Hardware, software, data, and networks make up information
systems - Correct Answer--false: Hardware, software, data, and networks make up
information technology. Information technology and information systems are two
different things.
true or false:A business benefit of enterprise resource planning (ERP) systems is
ease of use. - Correct Answer--false: ERP systems are very complex, and many
companies have difficulty adjusting to the system; ease of use is not a business
benefit.
One benefit of a supply chain management system is to ________________ of the
company. - Correct Answer--plan daily operations
________________can have a negative impact on employees' interpersonal skills
and ability to build business relationships. - Correct Answer--texting
, true or false:Information systems help managers to perform long-range strategic
planning, decision making, and to assess external threats and opportunities. -
Correct Answer--true:Information systems help managers to perform numerous
business roles and activities, including tasks such as long-range strategic planning,
decision making, and assessing external threats and opportunities.
true or false:Michael Porter's five competitive forces include the following: threat
of new entrants, threat of substitute products or services, bargaining power of
customers (buyers), bargaining power of suppliers, and product development. -
Correct Answer--false:Product development is not one of Michael Porter's five
competitive forces. His forces include threat of new entrants, threat of substitute
products or services, bargaining power of customers (buyers), bargaining power of
suppliers, and intensity of competitive rivalry.
An IT services company, a digital marketing company, and a photographer
recognize that each party brings a unique skillset to the small and medium-size
businesses that they service, so they decide to work together. These three
companies work together to make it easy for a business to hire all three of these
companies to do work for their business. This is an example of a______________ -
Correct Answer--business ecosystem
A business offers a marketing service that is offered by many other businesses in
the local area. It is a highly competitive industry. The business finds an investor
who gives the business enough money to expand the business into all 50 states in
a short period of time. This business is using the strategy of_________________ -
Correct Answer--synergy