QUESTION 1 A payroll system would need to do which of the following to correctly

Question

QUESTION 1

A payroll system would need to do which of the following to correctly fit the definition of a system?

Capture data to be processed

Apply calculations to captured data through appropriate calculations for gross pay, deductions and net pay

Prepare output documents for dissemination

All of the choices are correct

2 points   

QUESTION 2

A serious problem of competitive advantage is that:

It normally doesn't last very long and it isn't sustainable over the long term

Competitors figure out how it was done and do the same thing

A competitive advantages can become a competitive necessity

All of the choices are correct.

2 points   

QUESTION 3

An information system that supports the business functions of accounting, finance, human resource management, marketing, or operations would be classified as a(n) _______________ system.

functional business

executive information

management information

decision support

2 points   

QUESTION 4

By buying stock in bulk, Wal-Mart is able to sell to their customers at a more competitive price. This is an example of which strategy?

Cost leadership strategy

Differentiation strategy

Innovation strategy

Growth strategy

2 points   

QUESTION 5

Integrated packages:

Are much more powerful that software suites.

Are usually considered bloatware.

Usually contain features that have been left out of software suites.

Combine some of the functions of several programs into one software package.

2 points   

QUESTION 6

The term competitive advantage suggests a single condition where:

The firm is the leader in its industry.

The firm is making more profits than it did one year previously.

A firm sustains profits that exceed the average for its industry.

None of the choices is correct.

2 points   

QUESTION 7

Wal-Mart demanding lower prices from their vendors is an example of:

Customer bargaining power.

Supplier bargaining power.

Threat of substitutes.

None of the choices is correct.

2 points   

QUESTION 8

Which of the following is not an example of the threat of substitutes?

When airline prices get too high, people drive their cars for their vacations.

When the price of steak gets too high, people purchase hamburger of chicken.

When hotel prices get too high, people stop taking vacations

All of the choices are correct.

2 points   

QUESTION 9

A grocery store checkout cash register with a connection to a network is an example of a(n) ________.

intelligent system

decision support system

transaction processing system

electronic commerce system

functional area information system

2 points   

QUESTION 10

All of the following are competitive forces from Porter's Competitive Forces model EXCEPT:

substitute products.

potential new entrants into the market.

online sellers.

bargaining power of suppliers.

2 points   

QUESTION 11

The value chain model

sees the supply chain as the primary activity for adding value.

helps a firm identify points at which information technology can most effectively enhance its competitive position.

categorizes four basic strategies a firm can use to enhance its value chain.

categorizes five related advantages for adding value to a firm's products or services.

2 points   

QUESTION 12

Which of the following industries has a low barrier to entry?

automotive

restaurant

computer chip

airline

2 points   

QUESTION 13

Creating value means "make the customer unsatisfy with what they pay"

True

False

Capture data to be processed

Apply calculations to captured data through appropriate calculations for gross pay, deductions and net pay

Prepare output documents for dissemination

All of the choices are correct

Explanation / Answer

CHEGG POLICY: ONLY ONE QUESTION PER POST IS ALLOWER OR A SINGLE QUESTION WITH ATMOST 4 SUB-PARTS, please ABIDE BY THE CHEGG POLICIES

Question 1) All of the choices are correct

Question 2) A competitive advantages can become a competitive necessity

Question 3) management information

Question 4) Cost leadership strategy

PLEASE RATE !!

Thanks!

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