CIS 310 Final Exam
Which of the below is not one of Porter's Five Forces?
Manager power
Supplier power
Threat of substitute products or services
Threat of new entrants
Why do students need to study information technology?
Information technology is everywhere in business
Information technology is frequently discussed in business
Information technology is frequently used in organizations
All of the above.
A business strategy achieves a specific set of goals which include __________.
Developing new products or services, attracting new competition.
Increasing costs, attracting new competition.
Attracting new customers, developing new products or services.
All of the above.
Which of the below represents knowledge?
Data converted into a meaningful and useful context
Data characteristic that stands for a value that changes or varies over time
Information collected from multiple sources that analyzes patterns, trends, and
relationships for strategic decision making
Skills, experience, and expertise, coupled with information and intelligence that creates
a person's intellectual resources
Which of the following represents a reason why competitive advantages are typically
temporary?
The competitor will hire away your key employees.
The competitor quickly seeks ways to duplicate your business operations.
The competitor will purchase new technology.
All of the above.
Which of the below represents business intelligence?
Data converted into a meaningful and useful context
Data characteristic that stands for a value that changes or varies over time