MANAGEMENT INFORMATION SYSTEMS, 14E (LAUDON) ALL
v v v v vv
CHAPTERS COVERED GRADED A+
v v v v v
LATEST UPDATE.
v
1
,Chapter 1 Information Systems in Global Business Today
v v v v v v v v
1) The six important business objectives of information technology are new products, services, and
v v v v v v v v v v v v
business models; customer and supplier intimacy; survival; competitive advantage; operational
v v v v v v v v v v
excellence; and
v v
A) improved flexibility. v
B) improved decision making. v v
C) improved business practices. v v
D) improved efficiency. v
E) improved businessvalue. v v
Answer: B
v v
Page Ref: 13v v
Difficulty: Easy
v v
AACSB: Information technology v v
CASE: Concept
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
2) Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise
v v v v v v v v v v v v
real-time information illustrates which business objective?
v v v v v v
A) improved flexibility v
B) improved decision making v v
C) competitive advantage v
D) survival
E) customerandsupplierintimacy v v v
Answer: B
v v
Page Ref: 15v v
Difficulty: Difficult
v v
AACSB: Information technology v v
CASE: Synthesis
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
2
,3) Which of the following choices may lead to competitive advantage?
v v v v v v v v v
1. new products, services, and business models; 2. charging less for superior products; 3. responding
v v v v v v v v v v v v v v
to customers in real time?
v v v v v
A) 1 only v
B) 1 and 2 v v
C) 2 and 3 v v
D) 1 and 3 v v
E) 1, 2,and3 v v v
Answer: D
v v
Page Ref: 15
v v v
Difficulty: Difficult v
vAACSB: Analyticalthinking v v
CASE: Application
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
4) The use of information systems because of necessity describes the business objective of
v v v v v v v v v v v v
A) operational excellence. v
B) improved business practices. v v
C) competitive advantage. v
D) improved flexibility. v
E) survival.
Answer: E
v v
PageRef:15
v v v
Difficulty: Moderate v
AACSB: Information technology v v
CASE: Concept
v v
LO: 1.1: How are information systems transforming business, and whyare they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
5) The Mandarin Oriental hotel's use of computer systems to keep track of guests' preferences is an
v v v v v v v v v v v v v v v
example of
v v
A) improved flexibility. v
B) improved decision making. v v
C) improved efficiency. v
D) customer and supplier intimacy. v v v
E) operational excellence. v
Answer: D
v v
Page Ref: 14 v v
Difficulty: Moderate
v v
AACSB: Information technology v v
CASE: Application
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
3
, 6) The move of retail banking to use ATMs after Citibank unveiled its first ATMs illustrates the use
v v v v v v v v v v v v v v v v
of information systems to achieve which business objective?
v v v v v v v v
A) improved efficiency v
B) customer and supplier intimacy v v v
C) survival
D) competitiveadvantage v
E) improved decision making v v
Answer: C
v v
Page Ref: 15 v v
Difficulty: Moderate
v v
AACSB: Information technology v v
CASE: Application
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
7) Which of the following objectives best describes the business strategy behind the technologies
v v v v v v v v v v v v
implemented by the San Francisco Giants, as discussed in the chapter case?
v v v v v v v v v v v v
A) customer and supplier intimacy v v v
B) survival
C) competitive advantage v
D) customer support v
E) operational excellence v
Answer: C
v v
Page Ref: 3-4 v v
Difficulty: Moderate
v v
AACSB: Analyticalthinking v v
CASE: Application
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
8) An example of a business using information systems to create new products and services is
v v v v v v v v v v v v v v
A) Wal-Mart's RetailLink system. v v
B) the Mandarin Oriental hotel's customer-preference tracking system.
v v v v v v
C) Verizon's Web-based digital dashboard. v v v
D) Apple Inc.'s iPod. v v
E) the San Francisco Giants playtracking system.
v v v v v v
Answer: D
v v
Page Ref: 14 v v
Difficulty: Difficult
v v
AACSB: Information technology v v
CASE: Application
v v
LO: 1.1: How are information systems transforming business, and why are they so essential for running
v v v v v v v v v v v v v v v
and managing a business today?
v v v v v
4