ISDS 3001 Final Exam questions with verified
answers
"A system mainly concerned with automating recurring activities and structuring
day-to-day activities to ensure that they are performed with speed and accuracy"
is: Ans✓✓✓ A TPS
A blockchain mechanism like bitcoin does not require the presence of a central
authority (e.g. bank) for validation (accuracy and legitimacy) of the transactions.
Ans✓✓✓ True
A brand name is a driver of value creation: Ans✓✓✓ Yes, as long as the brand
increases customer willingness to pay.
A business school has developed a new leave portal for all its employees and
decides to immediately switch from the old platform to the new one. This
migration is considered a low risk endeavor for the school and its employees. This
type of migration approach is considered as: Ans✓✓✓ direct
A company is looking for a person with a business degree, a strong background in
finance and leadership experience. What is the company most likely looking for?
Ans✓✓✓ A functional manager
A customer's willingness to pay is the same as the price they pay. Ans✓✓✓ False
A gold standard set of training examples is typically used in: Ans✓✓✓ Supervised
machine learning
,A long-term proposal that identifies new systems, new projects, or new directions
for the IS organization is an example of: Ans✓✓✓ A strategic initiative
A market is likely to tip when there are: Ans✓✓✓ Strong economies of scale and
low need for product variety
A small local coffee shop has two suppliers, A and B. Supplier A went bankrupt
and had to close its business. Assuming that both suppliers are able to provide the
coffee shop with all its needs in term of suppliers, which of the following is likely
to happen: Ans✓✓✓ The bargaining power of supplier B will increase
Added value is: Ans✓✓✓ That portion of the total value created that would be
lost if the firm did not partake in the exchange.
After evaluating an IT-dependent strategic initiative using the sustainability
framework, managers are left with three possible decisions. Which of the
following is NOT one of these three decisions? Ans✓✓✓ analyze the IT-
dependent strategic initiative independently
An information system vision defines the role that information systems should
play in the organization. For what kind of organizations do information systems
play a more strategic role? Ans✓✓✓ The organizations whose success in the
marketplace depends heavily on their ability to introduce IT innovations
An IS has two subsystems, a social and technical one. Ans✓✓✓ True
Are the terms Information System and Information Technology synonymous?
Ans✓✓✓ No because information technology is a component of modern
information systems.
, As part of its' IS strategic business planning process, a multinational large bank is
conducting a SWOT analysis to review how well equipped it is to achieve its vision
in accordance with the newly developed IS guidelines. The bank is globally
recognized as one of the most innovative institutions in the industry that tends to
keep up with the latest technology trends. In this context, blockchain, the
distributed ledger technology, is likely to be perceived by the bank as: Ans✓✓✓
An opportunity
Bonita Dawn Boutique is an online vintage chinaware business. They have decided
to implement an order tracking software for their business. This project is meant
to increase control and improve information management (order tracking) for the
business. What kind of project can this be considered as? Ans✓✓✓ Informational
Company X is charged for networking expenses based on the volume of traffic it
initiates. Which of the following IS funding approaches fits this example?
Ans✓✓✓ Chargeback
Competitive advantage is: Ans✓✓✓ The condition where a firm engages in a
unique transformation process and has been able to distinguish its offerings from
those of competitors.
Delta Airlines is a major United States airline which, along with subsidiaries and
regional affiliates, operates over 5,400 flights daily. Its infrastructure enables
Delta to operate with the needed degree of efficiency and effectiveness. Even
small disruptions can endanger Delta's wellbeing and future viability as an airline
carrier. Which quadrant of the strategic impact grid do you think Delta can be
placed in? Ans✓✓✓ Factory
answers
"A system mainly concerned with automating recurring activities and structuring
day-to-day activities to ensure that they are performed with speed and accuracy"
is: Ans✓✓✓ A TPS
A blockchain mechanism like bitcoin does not require the presence of a central
authority (e.g. bank) for validation (accuracy and legitimacy) of the transactions.
Ans✓✓✓ True
A brand name is a driver of value creation: Ans✓✓✓ Yes, as long as the brand
increases customer willingness to pay.
A business school has developed a new leave portal for all its employees and
decides to immediately switch from the old platform to the new one. This
migration is considered a low risk endeavor for the school and its employees. This
type of migration approach is considered as: Ans✓✓✓ direct
A company is looking for a person with a business degree, a strong background in
finance and leadership experience. What is the company most likely looking for?
Ans✓✓✓ A functional manager
A customer's willingness to pay is the same as the price they pay. Ans✓✓✓ False
A gold standard set of training examples is typically used in: Ans✓✓✓ Supervised
machine learning
,A long-term proposal that identifies new systems, new projects, or new directions
for the IS organization is an example of: Ans✓✓✓ A strategic initiative
A market is likely to tip when there are: Ans✓✓✓ Strong economies of scale and
low need for product variety
A small local coffee shop has two suppliers, A and B. Supplier A went bankrupt
and had to close its business. Assuming that both suppliers are able to provide the
coffee shop with all its needs in term of suppliers, which of the following is likely
to happen: Ans✓✓✓ The bargaining power of supplier B will increase
Added value is: Ans✓✓✓ That portion of the total value created that would be
lost if the firm did not partake in the exchange.
After evaluating an IT-dependent strategic initiative using the sustainability
framework, managers are left with three possible decisions. Which of the
following is NOT one of these three decisions? Ans✓✓✓ analyze the IT-
dependent strategic initiative independently
An information system vision defines the role that information systems should
play in the organization. For what kind of organizations do information systems
play a more strategic role? Ans✓✓✓ The organizations whose success in the
marketplace depends heavily on their ability to introduce IT innovations
An IS has two subsystems, a social and technical one. Ans✓✓✓ True
Are the terms Information System and Information Technology synonymous?
Ans✓✓✓ No because information technology is a component of modern
information systems.
, As part of its' IS strategic business planning process, a multinational large bank is
conducting a SWOT analysis to review how well equipped it is to achieve its vision
in accordance with the newly developed IS guidelines. The bank is globally
recognized as one of the most innovative institutions in the industry that tends to
keep up with the latest technology trends. In this context, blockchain, the
distributed ledger technology, is likely to be perceived by the bank as: Ans✓✓✓
An opportunity
Bonita Dawn Boutique is an online vintage chinaware business. They have decided
to implement an order tracking software for their business. This project is meant
to increase control and improve information management (order tracking) for the
business. What kind of project can this be considered as? Ans✓✓✓ Informational
Company X is charged for networking expenses based on the volume of traffic it
initiates. Which of the following IS funding approaches fits this example?
Ans✓✓✓ Chargeback
Competitive advantage is: Ans✓✓✓ The condition where a firm engages in a
unique transformation process and has been able to distinguish its offerings from
those of competitors.
Delta Airlines is a major United States airline which, along with subsidiaries and
regional affiliates, operates over 5,400 flights daily. Its infrastructure enables
Delta to operate with the needed degree of efficiency and effectiveness. Even
small disruptions can endanger Delta's wellbeing and future viability as an airline
carrier. Which quadrant of the strategic impact grid do you think Delta can be
placed in? Ans✓✓✓ Factory
