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ITSS 3300 Exam Questions and Answers Latest Update

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ITSS 3300 Exam Questions and Answers Latest Update The term management information systems refer to the management and use of information systems that help businesses achieve their strategies? - Answers True The competitive strategy of an organization is determined by the value chain? - Answers False A major drawback of Porter's Five forces model is that it ignores the rivalry among firms in the industry - Answers false In the context Porter's five forces model, the bargaining power of customers of medicinal drugs is enhanced when pharmaceutical companies patent their products - Answers false A telecom service provider focusing on high-end users is following an industry-wide differentiation strategy - Answers false Focused differentiation refers to providing a better product or service within an industry segment - Answers true A business that selects a differentiation strategy would invariably structure itself around low-cost activities - Answers false A generic value chain consists of five primary activities and four support activities - Answers true Activities such as collecting, storing, and physically distributing the products to buyers are considered as primary activities in a value chain - Answers true Outbound logistics refers to transforming inputs into the final product - Answers false Organizations choose a competitive strategy after designing business processes that span value-generating activities - Answers false The competitive strategy of locking in customers by making it difficult for them to move to another product is called establishing high switching costs - Answers true In the procurement process, the three-way-match is confirmed by the purchasing function - Answers false The silo effect refers to be losing sight of the big picture of the process and being narrowly focused on a task - Answers true CRM systems are intra-organized systems - Answers false Customer data is an example of transaction data in an ES - Answers false Dates, times, and locations are examples of organizational data in an ES - Answers false The packing list is part of the receive goods step in the purchasing process - Answers true A purchase requisition is created by the purchasing function in the procurement process - Answers false A goods receipt is a document that verifies that the specified goods have been received. - Answers true Under the term "FOB shipping point," the seller "owns" the material once it is shipped - Answers false The fulfillment process often begins when a suppliers sends an inquiry - Answers false In the fulfillment process the sales department creates the sales order - Answers true When using an ES, much of the data needed to create a customer service invoice is automatically obtained from data previously stored in the system. - Answers true When creating customer invoices, the person responsible can retrieve a list of orders that need to be acted on. This list is called an order due list. - Answers false Sell-from-stock involves taking a standard or base model of a product and then configuring it to meet the customer's special needs by adding either special options or add-on parts. - Answers false A bill of materials identifies the steps needed to produce a product. - Answers false Under a make-to-order strategy, the production process is triggered by a customer order. - Answers true In the production process, a planned order is used to request that the company produce a specified quantity of goods. - Answers true The production order is created by production - Answers true Supply chain management (SCM) and customer relationship management (CRM) are examples of intra-company processes. - Answers false In the integrated process, the steps related to fulfillment are suspended when there are insufficient quantities of the needed finished product in stock - Answers true In the integrated process, the steps related to the production process are suspended when there are insufficient quantities of the needed raw materials in stock. - Answers true Summary of the process such as percentage of order fulfillment is provided by the process level information. - Answers true Providing the lowest cost for a product or service across an industry can be referred to as focused cost-leadership - Answers false

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ITSS 3300 Exam Questions and Answers Latest Update 2025-2026

The term management information systems refer to the management and use of information systems
that help businesses achieve their strategies? - Answers True

The competitive strategy of an organization is determined by the value chain? - Answers False

A major drawback of Porter's Five forces model is that it ignores the rivalry among firms in the industry -
Answers false

In the context Porter's five forces model, the bargaining power of customers of medicinal drugs is
enhanced when pharmaceutical companies patent their products - Answers false

A telecom service provider focusing on high-end users is following an industry-wide differentiation
strategy - Answers false

Focused differentiation refers to providing a better product or service within an industry segment -
Answers true

A business that selects a differentiation strategy would invariably structure itself around low-cost
activities - Answers false

A generic value chain consists of five primary activities and four support activities - Answers true

Activities such as collecting, storing, and physically distributing the products to buyers are considered as
primary activities in a value chain - Answers true

Outbound logistics refers to transforming inputs into the final product - Answers false

Organizations choose a competitive strategy after designing business processes that span value-
generating activities - Answers false

The competitive strategy of locking in customers by making it difficult for them to move to another
product is called establishing high switching costs - Answers true

In the procurement process, the three-way-match is confirmed by the purchasing function - Answers
false

The silo effect refers to be losing sight of the big picture of the process and being narrowly focused on a
task - Answers true

CRM systems are intra-organized systems - Answers false

Customer data is an example of transaction data in an ES - Answers false

Dates, times, and locations are examples of organizational data in an ES - Answers false

The packing list is part of the receive goods step in the purchasing process - Answers true

, A purchase requisition is created by the purchasing function in the procurement process - Answers false

A goods receipt is a document that verifies that the specified goods have been received. - Answers true

Under the term "FOB shipping point," the seller "owns" the material once it is shipped - Answers false

The fulfillment process often begins when a suppliers sends an inquiry - Answers false

In the fulfillment process the sales department creates the sales order - Answers true

When using an ES, much of the data needed to create a customer service invoice is automatically
obtained from data previously stored in the system. - Answers true

When creating customer invoices, the person responsible can retrieve a list of orders that need to be
acted on. This list is called an order due list. - Answers false

Sell-from-stock involves taking a standard or base model of a product and then configuring it to meet
the customer's special needs by adding either special options or add-on parts. - Answers false

A bill of materials identifies the steps needed to produce a product. - Answers false

Under a make-to-order strategy, the production process is triggered by a customer order. - Answers true

In the production process, a planned order is used to request that the company produce a specified
quantity of goods. - Answers true

The production order is created by production - Answers true

Supply chain management (SCM) and customer relationship management (CRM) are examples of intra-
company processes. - Answers false

In the integrated process, the steps related to fulfillment are suspended when there are insufficient
quantities of the needed finished product in stock - Answers true

In the integrated process, the steps related to the production process are suspended when there are
insufficient quantities of the needed raw materials in stock. - Answers true

Summary of the process such as percentage of order fulfillment is provided by the process level
information. - Answers true

Providing the lowest cost for a product or service across an industry can be referred to as focused cost-
leadership - Answers false

Which of the following processes is triggered when someone in the company determines that a specific
quantity of a certain material is needed. - Answers Procurement Process

Select the most accurate statement. - Answers A. Lead time is the amount of time between placing a PO
and receiving goods.

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