ISDS 3001 Study guides, Class notes & Summaries

ISDS 3001 Final Exam Questions with Correct A Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors. T/F - Answer-True A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. T/F - Answer-True What is the practice of keeping a product generic as long as possible before customizing? A.backward integration B.vendor-managed inventory C.forward integration D.keiretsu E.postponement - Answer-D. P...

ISDS 3001 Final Exam Questions and Correct A Outsourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors. T/F - Answer-True A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. T/F - Answer-True What is the practice of keeping a product generic as long as possible before customizing? A.backward integration B.vendor-managed inventory C.forward integration D.keiretsu E.postponement - Answer-D. Po...

ISDS 3001 Final Exam Questions All with Correct A When categorizing eCommerce initiatives by company structure, which category does Walmart fall into? - Answer-Bricks and Clicks When discussing the impacts of the Internet, we observe that marketplaces like Amazon or Alibaba are edging out the middlemen. We referred to this opportunity of digitalization as: - Answer-Disintermediation What is the revenue model of a firm that initially gives away its product or service for free and later a...

ISDS 3001 Exam Questions with Correct A You own a company and realize that your firm has a very weak IT strategy. Who should you replace? - Answer-Chief information officer (CIO) One of your friends who is enrolled in college of business tells you: 'it's not important for me to understand IT and information systems'. What would be a good argument to prove him wrong? - Answer-Moore's Law will continue to make computers more powerful and pervasive, but it is general and functional manage...

ISDS 3001 Exam 2 Questions with Correct A Managing quality helps build successful strategies of - Answer-differentiation, low cost, and response A successful quality culture begins with - Answer-an organizational culture that fosters quality Which does not increase profit by improving quality? increased productivity higher warranty costs improved reputation flexible pricing - Answer-higher warranty costs Which could reduce costs and increase profit? improved response increased p...

ISDS 3001 Exam 1 Questions with Correct A One of your friends who is enrolled in the college of business tell you: 'it's not important for me to understand IT and information systems.' What evidence could you use to convince him that he is wrong? - Answer-The top 5 public traded companies are all technology companies, because software is now a key driver of business success. Which one of the following is not of the six key questions that senior executives should answer when getting invo...

ISDS 3001 Quiz Questions with Correct Answers What is the top-level position in the IT function? A. Developer B. Chief Information Officer (CIO) C.Architect D.Analyst - Answer-Chief Information Officer (CIO) Which of the following is an example of a managerial staff position in the IT function? A.Database architect B.Network administrator C.Analyst D.Developer - Answer-Analyst If you hear the statistic: 'There are almost 3 billion smartphones in use in the world today.' Which o...

ISDS 3001 Midterm 2024 Questions and Answers All Correct Netflix has 100 million subscribers. Which of the following trends is most responsible for their success? A. Digital computers are increasingly complex B. Ubiquitous network access C. Digitization law D. Declining storage cost - Answer-B. Ubiquitous network access If you hear the statistic: 'There are almost 3 billion smartphones in use in the world today.' Which of the following trend is it most closely related to? A. Declin...

ISDS 3001 Final Test Questions with Correct Answers What is the top-level position in the IT function? Select one: A. Architect B. Chief Information Officer (CIO) C.Developer D.Analyst - Answer-Chief Information Officer (CIO) You own a company and you realize that your firm has very weak IT strategy. Who should you replace? Select one: A.Project manager B.Strategy administrator C.Network administrator D.Chief Information Officer (CIO) - Answer-Chief Information Officer (CIO) One...

ISDS 3001 Final Exam Questions with Correct Answers Outs ourcing is a form of specialization that allows the outsourcing firm to focus on its key success factors. T/F - Answer-True A fast-food retailer that acquired a spice manufacturer would be practicing backward integration. T/F - Answer-True What is the practice of keeping a product generic as long as possible before customizing? A.backward integration B.vendor-managed inventory C.forward integration D.keiretsu E.postponement - Answe...