Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 7 pages
Exam (elaborations)

ITSS 3300 MIDTERM EXAM 2025 QUESTIONS AND ANSWERS

Document preview thumbnail
Preview 2 out of 7 pages

What are the effects of information systems on business and their relationship to globalization? - ANS The provide competitive advantages for business, expedites the infill process and raise the barrier to globalization. Explain why information systems are so essential in business today. - ANS They can be the foundation for new products, services and ways of conducting business that provide firms with a strategic advantage. Define information system and describe its management, organization, and technology components. - ANS Any structured arrangement of hardware, communication networks, people, software, data resources, policies and procedures that stores, transforms, retrieves and disseminates information in an organization. Produces the information that organizations need to make decisions, control operations, analyze problems, and create new products or services. What are the Six strategic business objectives? - ANS Operational excellence, New products services and business models, customer and supplier intimacy, improved decisions making, competitive advantage, survival Define data. - ANS Raw material for processing. Relates to facts, events and transactions. Refers to unprocessed information. Define information. - ANS Data that has been processed in such a way as to be meaningful to the person who receives it. COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2 What are the 3 activities used by information systems to produce information. Provide examples. - ANS Input, process, output. A manufacturing process that takes raw materials as inputs, applies a manufacturing process, and produces manufactured goods as output. Define business process. - ANS A network of activities that generates value by transforming inputs into outputs. How can information systems help businesses to achieve competitive advantages? - ANS This helps an organization focus on being the cost leader, or focus on differentiating its products or services from those of the competition. Further, the organization can employ the cost of differentiation strategy across an industry, or it can focus its strategy on an industry segment. Define disruptive technologies. - ANS An innovation that creates a new market and value network and eventually disrupts an existing market. Apple iPhone. What are the organizational factors in planning a new system? - ANS Environment, culture, structure, business processes, politics, management decisions. What are Porter's 5 competitive forces? - ANS Bargaining power of the customer, threat of substitutions, bargaining power of suppliers, threat of new entrants, Rivalry. What are the four generic strategies for dealing with competitive forces? - ANS Focus, Industry-wide, cost, differentiation. Locking in - ANS makes a customer dependent on a sole vendor for products and services. Locking out - ANS making it so no other vendor can service your product due to design. Switching cost - ANS cost t

Content preview

ITSS 3300 MIDTERM EXAM 2025
QUESTIONS AND ANSWERS


What are the effects of information systems on business and their relationship to globalization?
- ANS The provide competitive advantages for business, expedites the infill process and raise
the barrier to globalization.



Explain why information systems are so essential in business today. - ANS They can be the
foundation for new products, services and ways of conducting business that provide firms with
a strategic advantage.


Define information system and describe its management, organization, and technology
components. - ANS Any structured arrangement of hardware, communication networks,
people, software, data resources, policies and procedures that stores, transforms, retrieves and
disseminates information in an organization. Produces the information that organizations need
to make decisions, control operations, analyze problems, and create new products or services.



What are the Six strategic business objectives? - ANS Operational excellence, New products
services and business models, customer and supplier intimacy, improved decisions making,
competitive advantage, survival



Define data. - ANS Raw material for processing. Relates to facts, events and transactions.
Refers to unprocessed information.



Define information. - ANS Data that has been processed in such a way as to be meaningful to
the person who receives it.



COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 1

, What are the 3 activities used by information systems to produce information. Provide
examples. - ANS Input, process, output. A manufacturing process that takes raw materials as
inputs, applies a manufacturing process, and produces manufactured goods as output.



Define business process. - ANS A network of activities that generates value by transforming
inputs into outputs.



How can information systems help businesses to achieve competitive advantages? - ANS This
helps an organization focus on being the cost leader, or focus on differentiating its products or
services from those of the competition. Further, the organization can employ the cost of
differentiation strategy across an industry, or it can focus its strategy on an industry segment.



Define disruptive technologies. - ANS An innovation that creates a new market and value
network and eventually disrupts an existing market. Apple iPhone.



What are the organizational factors in planning a new system? - ANS Environment, culture,
structure, business processes, politics, management decisions.



What are Porter's 5 competitive forces? - ANS Bargaining power of the customer, threat of
substitutions, bargaining power of suppliers, threat of new entrants, Rivalry.



What are the four generic strategies for dealing with competitive forces? - ANS Focus,
Industry-wide, cost, differentiation.



Locking in - ANS makes a customer dependent on a sole vendor for products and services.



Locking out - ANS making it so no other vendor can service your product due to design.



Switching cost - ANS cost to replace what you have



COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2

Document information

Uploaded on
June 21, 2025
Number of pages
7
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$12.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Brainbarter
3.6
(58)
Sold
367
Followers
159
Items
22996
Last sold
1 week ago




Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions