Question
Course name : MSYS (Management Information System)
A talling ceente prices de to increased processor speed ii the lasck of eviddence of an increase io weeker productivity associated with the massive increase in IT spending C1 the evidence that suggests IT is irrelevant to weeker productivity Di increased speeding on IT leading to decneased worker productivity E) incressed IT investment leading to more sustainable competitive advantage 9) Doing things right" refers to A) clfissency B) value creatio Ceffect D) sustainability El social responsibility 10) Margin can be defined as Aj the difference between the selling price and the list price B) the difference between the total cost of raw materials and the list price of a product C) the difference of the price a customer is willing to pay and the cost of moving the good or D) the difference of the price a customer is willing to pay and the price a seller is willing to E) the difference of the price a customer is willing to pay and how much the company service through its value chain sell at actually collects 11) Which of Porter's five forces best describes the declive of (ilm based photography? A) Bargaining power of suppliers B) Bargaining power of customers C) Threat of substitute products D) Threat of new entry E) Rivalry among existing firms 12) A company can use products to create competitive advantage by A) lowering prices B) increasing brand awareness. C) raising prices D) differentiating its products. E) adding products to its product line. 13) Which of the following makes it difficult for a company to copy a rival's information systems? A) Technology may not be available for sale B) Talent is hard to recruit. C) It takes a long time for a company to master the art of integrating technology and people D) It is difficult to duplicate business processes E) The data is different in the two organizations
Explanation / Answer
Question:- the production paradox refer to
Answer:- the lack of evidence of an increase in worker productivity associated with the intensive increase in IT spending
Reason:- Production paradox indicates that despite increased development in IT, the labor productivity does not observes any significant increase.
Question:- doing things right refers to
Answer:- Efficiency
Reason:_ Doing things right indicates that the work is done accurately which is an indication of efficiency
Question:- margin can be defined as
Answer:- Difference between the selling price and list price
Reason:- Contribution margin = Selling price - variable expenses.
Question:- Which of Porter's five forces best describes the decline of film based photography?
Answer:- Threat of substitute products
Question:- a company can use products to create competitive advantage by
Answer:- Differentiating its products