CIS105 - MIDTERM EXAM (ARIZONA
STATE UNIVERSITY EARNED
ADMISSIONS) 2025/ 2026 QUESTIONS
WITH VERIFIED ANSWERS
An annual list compiled and published about the largest United
States corporations by total revenue for their respective fiscal
years is called: - correct answer -The Fortune 500
A company uses radio frequency identification (RFID) tags to
keep track of its inventory. This is an example of the impact of
technology in the area of _____. - correct answer -operations
Should the formula for calculating balance in Row 13 be same for
every week? - correct answer -Yes
The closing balance for march equals the total outflow. Possible,
but is the formula correct? - correct answer -No
, Is the closing balance for May too high? - correct answer -Yes,
the formula for G24 = G3 + G10 - G22
The _____ problem exists when rivals watch a pioneer's efforts,
learn from their successes and missteps, and then enter the
market quickly with a comparable or superior product at a lower
cost. - correct answer -fast follower
In markets where commodity products are sold, the ___________
can increase buyer power by increasing price transparency. -
correct answer -internet
Operational effectiveness is usually not enough to yield
sustainable competitive advantage because: - correct answer -it is
unprofitable to perform tasks that are different from those of rivals.
Products or services that are nearly identically offered from
multiple vendors are called __________. - correct answer -
commodities
STATE UNIVERSITY EARNED
ADMISSIONS) 2025/ 2026 QUESTIONS
WITH VERIFIED ANSWERS
An annual list compiled and published about the largest United
States corporations by total revenue for their respective fiscal
years is called: - correct answer -The Fortune 500
A company uses radio frequency identification (RFID) tags to
keep track of its inventory. This is an example of the impact of
technology in the area of _____. - correct answer -operations
Should the formula for calculating balance in Row 13 be same for
every week? - correct answer -Yes
The closing balance for march equals the total outflow. Possible,
but is the formula correct? - correct answer -No
, Is the closing balance for May too high? - correct answer -Yes,
the formula for G24 = G3 + G10 - G22
The _____ problem exists when rivals watch a pioneer's efforts,
learn from their successes and missteps, and then enter the
market quickly with a comparable or superior product at a lower
cost. - correct answer -fast follower
In markets where commodity products are sold, the ___________
can increase buyer power by increasing price transparency. -
correct answer -internet
Operational effectiveness is usually not enough to yield
sustainable competitive advantage because: - correct answer -it is
unprofitable to perform tasks that are different from those of rivals.
Products or services that are nearly identically offered from
multiple vendors are called __________. - correct answer -
commodities
