#1
Which of the following best describes the strategic role of information systems in competition?
They contribute to a firm's ability to compete effectively.
ExplanationInformation systems enhance competitiveness.
#2
What does 'routine-based production' refer to in the context of information systems?
Collection of routines for producing goods and services.
ExplanationRoutine-based production entails predefined processes.
#3
What do standard operating procedures for goods and services primarily emphasize?
Structured and systematic processes.
ExplanationStandard operating procedures prioritize structured processes.
#4
Which of the following factors strengthens the market entrant force?
Rapid technological advancements.
ExplanationTechnological advancements bolster market entry.
#5
An example of an innovation that dramatically changes the business environment is:
Creation of social media platforms.
ExplanationSocial media platforms revolutionize business landscapes.
#6
What impact do technological substitutes have on traditional industries?
They result in industry transformation.
ExplanationTechnological substitutes drive industry change.
#7
How do information systems empower lower-level employees and impact organizations?
By providing access to relevant data and improving decision-making.
ExplanationInformation systems enable data access and better decision-making for employees.
#8
How do information systems influence supply chain integration and external partnerships?
By fostering seamless integration and partnerships.
ExplanationInformation systems facilitate integration and partnerships in supply chains.
#9
How do information systems impact lower-level employees and organizations?
By providing access to relevant data and improving decision-making.
ExplanationInformation systems grant data access and enhance decision-making for employees and organizations.