UMUC IFSM300 QUIZ 1 LATEST DECEMBER 31ST 2015

Jun 3rd, 2016
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Question Question 1 1 / 1 point Which of the following is defined as the ability of customers to drive down the price of goods and services? A) supplier power B) buyer power or the bargaining power of customers C) rivalry among competitors D) threat of price reduction View Feedback Question 2 1 / 1 point Are there any direct variables that have no effect on a business' competitive position? A) yes B) No View Feedback Question 3 1 / 1 point Which of the following are components of an information system? (select all that apply) A) data B) hardware C) people D) process E) software View Feedback Question 4 1 / 1 point According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company’s standing in an industry, except for which one? A) Threat of entry of new competitors B) Political and/or economic factors C) Bargaining power of suppliers D) Threat of substitute products/services View Feedback Question 5 1

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umuc ifsm300 quiz 1 latest december 31st 2015Report this Question as InappropriateQuestionQuestion 1 1 / 1 pointWhich of the following is defined as the ability of customers to drive down the price of goodsand services?A) supplier powerB) buyer power or the bargaining power of customersC) rivalry among competitorsD) threat of price reductionView FeedbackQuestion 2 1 / 1 pointAre there any direct variables that have no effect on a business' competitive position?A) yesB) NoView FeedbackQuestion 3 1 / 1 pointWhich of the following are components of an information system? (select all that apply)A) dataB) hardwareC) peopleD) processE) softwareView FeedbackQuestion 4 1 / 1 pointAccording to the Five Forces Model developed by Harvard Business professor Michael Porter,all of the following are major factors that determine a companys standing in an industry, exceptfor which one?A) Threat of entry of new competitorsB) Political and/or economic factorsC) Bargaining power of suppliersD) Threat of substitute products/servicesView FeedbackQuestion 5 1 / 1 pointTrue or false: Early research could not drawany connections between IT and profitability, but later research has shown that the impact can bepositive.TrueFalseView FeedbackQuestion 6 1 / 1 pointWeb 2.0 is exemplified by which of the following? (select all that apply)A) bloggingB) online purchasingC) social networkingD) interactive commentsView FeedbackQuestion 7 1 / 1 pointIn a bus

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