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ITSS 3300 EXAM 1 2025 QUESTIONS AND ANSWERS

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What is the purpose of an information system? - ANS To automate/execute a process that spans across multiple functional units in a seamless and integrated fashion. Information systems are used to make the functions within a business more efficient. What is an enterprise system? - ANS Large-scale applications that support complex business processes, informational flows, data analytics, and reports in a simplified manner Benefits of an enterprise system: - ANS - Integrated - Data is always up to date - Data is easy to access and easy to share - Informational needs can be more effectively met Downsides of an enterprise system: - ANS - If the whole system crashes then everyone is offline - Initial implementation of the system would be difficult to introduce because it would require people to change the way they work Benefits of a functional system approach: - ANS - Allows a functional department to specialize in a system that best suits their own needs Examples of organizational data: - ANS Plant layout, organizational chart COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2 Examples of master data: - ANS Customer list, list of products Transaction data: - ANS Day-to-day transactions that occur as a result of the business' operations; generates the most amount of data Purpose of Porter's Five Forces: - ANS You're trying to predict the intensity of competitive rivalry in an industry Highly competitive industry: - ANS Has low profits Low competitive industry: - ANS Has high profits What are the four forces that shape the intensity of the competitive rivalry (rivalry is the fifth force)? - ANS - Breadth of new entrance - Bargaining power of buyers - Breadth of substitutes - Bargaining power of suppliers Three core business processes: - ANS - Procurement - Fullfillment - Production Threat of new entry: - ANS - Time and cost of entry - Specialist knowledge - Economies of s

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ITSS 3300 EXAM 1 2025 QUESTIONS AND
ANSWERS




What is the purpose of an information system? - ANS To automate/execute a process that
spans across multiple functional units in a seamless and integrated fashion.
Information systems are used to make the functions within a business more efficient.



What is an enterprise system? - ANS Large-scale applications that support complex business
processes, informational flows, data analytics, and reports in a simplified manner



Benefits of an enterprise system: - ANS - Integrated
- Data is always up to date
- Data is easy to access and easy to share
- Informational needs can be more effectively met



Downsides of an enterprise system: - ANS - If the whole system crashes then everyone is
offline
- Initial implementation of the system would be difficult to introduce because it would require
people to change the way they work



Benefits of a functional system approach: - ANS - Allows a functional department to
specialize in a system that best suits their own needs



Examples of organizational data: - ANS Plant layout, organizational chart

COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 1

, Examples of master data: - ANS Customer list, list of products



Transaction data: - ANS Day-to-day transactions that occur as a result of the business'
operations; generates the most amount of data



Purpose of Porter's Five Forces: - ANS You're trying to predict the intensity of competitive
rivalry in an industry



Highly competitive industry: - ANS Has low profits



Low competitive industry: - ANS Has high profits


What are the four forces that shape the intensity of the competitive rivalry (rivalry is the fifth
force)? - ANS - Breadth of new entrance
- Bargaining power of buyers
- Breadth of substitutes
- Bargaining power of suppliers



Three core business processes: - ANS - Procurement
- Fullfillment
- Production



Threat of new entry: - ANS - Time and cost of entry
- Specialist knowledge
- Economies of scale
- Cost advantages
- Technology
COPYRIGHT © 2025 BRAINBARTER ALL RIGHTS RESERVED 2

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