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MIS Quiz 2

25 Questions
MIS quiz 2
Questions and Answers
  • 1. 
    The _____________ business strategy allows companies to leverage the flexibilty offered by a decentralized organization while at the same time reaping economues of scale enjoyed by centralization
    • A. 

      Global

    • B. 

      Transnational

    • C. 

      Home-replication

    • D. 

      International

    • E. 

      Multidomestic

  • 2. 
    Which of the following statements is true about organizations pursuing a global business strategy?
    • A. 

      They use a loose federation of associated business units, each of which is rather independent in their strategic decisions

    • B. 

      They attempt to achieve economies of scale by producing identical products in large quantities for a variety of different markets

    • C. 

      They focus on their domestic customers needs and wants and merely export their products to generate additional sales

    • D. 

      They leverage the flexibility offered by a decentralized organization while at teh same time reaping economies of scale enjoyed by centralization

  • 3. 
    _________ are new technologies, products, or services that eventually surpass the existing dominant technology or product in a market.
    • A. 

      Disruptive innovations

    • B. 

      Extensive innovations

    • C. 

      Destructive innovations

    • D. 

      Facultative innovations

    • E. 

      Constructive innovations

  • 4. 
    To properly add the values in cells A1 through A5 , you would use which of the following?
    • A. 

      =ADD(A1:A5)

    • B. 

      =A1+A2+A3+A4+A5

    • C. 

      =SUM(A1:A5)

    • D. 

      =SUM(A1-A5)

  • 5. 
    Doing things faster is associated with information systems for ___________.
    • A. 

      Automating

    • B. 

      Learning

    • C. 

      Supporting

    • D. 

      Initiating

    • E. 

      Negotiating

  • 6. 
    The ribbon choice that has built in options to change multiple display formats for cells or ranges is called:
    • A. 

      Cell styles

    • B. 

      Cell formating

    • C. 

      Cell look and feel

    • D. 

      Cell address

  • 7. 
    Information systems at the ____ level are designed to automate repetitive activities such as sales transaction processing , and to improve the efficiency of business processes and the customer interface.
    • A. 

      Ececutive

    • B. 

      Tactical

    • C. 

      Operational

    • D. 

      Managerial

    • E. 

      Strategic

  • 8. 
    Tere'O Wind, a fashion apparel company, provides numerous low-cost products to a broad rangs of customers. Tere' O Wind is pursuing a _________ strategy.
    • A. 

      Focused low-cost

    • B. 

      Broad differentiation

    • C. 

      Best-cost provider

    • D. 

      Focused differentiation

    • E. 

      Low-cost leadership

  • 9. 
    To calculate the statistical MODE of a group  of numbers , 88, 90, 87, 33, you would use:
    • A. 

      =MODE(88,90,87,33)

    • B. 

      =MODE (with the cell addresses of those values)

    • C. 

      =MO(with the cell addresses of those values)

    • D. 

      None of the above

  • 10. 
    Mystic, a texas-based fashion apparel company with subsidiaries in more that 25 countries across the world, is one of the most recognized brands in the global and domestic makets. (THE MYSTIC STORY)
    • A. 

      Global

    • B. 

      Multidomestic

    • C. 

      Transnational

    • D. 

      International

  • 11. 
    Reduced prices, need for increased quality, and demand for more services would result due to high _____.
    • A. 

      Threat of new entrants into the market

    • B. 

      Traditional rivals within the industry

    • C. 

      Increased suppliers bargaining power

    • D. 

      Threat of substitute from other industries

    • E. 

      Customers bargaining power

  • 12. 
    While pursuing a global business strategy, the ________ prohibits the implementation of local strategies, and thus a global company cannot quickly react to local challenges and opportunities.
    • A. 

      Threat of substitute products from other industries

    • B. 

      Increased bargaining power of customers

    • C. 

      Increased bargaining power of suppliers

    • D. 

      Need to achieve economies of scale

  • 13. 
    A ___________ strategy can also be referred to as amiddle-of-the- road strategy.
    • A. 

      Focused low-cost

    • B. 

      Best-cost provider

    • C. 

      Low-cost leadership

    • D. 

      Broad differentiation

  • 14. 
    The primary storage position in an excel worksheet is called a:
    • A. 

      Range

    • B. 

      Cell

    • C. 

      A1

    • D. 

      Menue

  • 15. 
    When referring to a specific value in an excel worksheet, we use that values's
    • A. 

      Range

    • B. 

      Cell address

    • C. 

      Absolute cell address

    • D. 

      Location

  • 16. 
    When a formula or function is copied from one cell address to another, the default addressing in excel is:
    • A. 

      Absolute

    • B. 

      Unknown

    • C. 

      Repetitive

    • D. 

      Relative

  • 17. 
    When using excel, the groups of icon shown just below the menu are called the ribbon.
    • A. 

      True

    • B. 

      False

  • 18. 
    A constant value is a value that will change.
    • A. 

      True

    • B. 

      False

  • 19. 
    The formula to calculate the average of a set of 10 numbers located in cells A1 through A10 is =SUM(A1:A10)/10
    • A. 

      True

    • B. 

      False

  • 20. 
    One way to locate an answer to a question about excel is:
    • A. 

      Ask a classmate

    • B. 

      Type HELP

    • C. 

      Click the ? in the upper cornor above the ribbon

    • D. 

      Grin and bear it

  • 21. 
    Which of the following statements is true about electronic commerce?
    • A. 

      Consumer-to consumer electric commerce is a complete reversal of the traditional business-to-consumer electronic commerce

    • B. 

      It is limited to transactions between businessess and consumers

    • C. 

      Business-to business is by far the largest form of electronic commerce in terms of revenues

    • D. 

      All forms of electronic commerce involve business firms

  • 22. 
    Which of the follwoing is an example of consumer-to-consumer electronic commerce?
    • A. 

      Heath buys a gift for vannessa from amazon.com

    • B. 

      Marty buys lobsangs mountaineering equipment from ebay.com

    • C. 

      Blanco, a manufacturer, conducts business over the web with its retailers

    • D. 

      Ted files his income tax online

  • 23. 
    Which of the following is a result of global information dissemination?
    • A. 

      Firms link web sites to corporate databases to provide real-time access to personalized information

    • B. 

      Firms tailor their products and services to meet a customers particular needs on a large scale

    • C. 

      Firms provide ways for clients and firms to conduct business online without human assistance

    • D. 

      Firms market their products and services over vast distances

  • 24. 
    Which of the following actions explains mass customization?
    • A. 

      Firms provide ways for clients and firms to conduct business online without human

    • B. 

      Firms tailor their products and services to meet a customers particular needs on a large scale

    • C. 

      Firms link web sites to corporta database to provide real-time access to personalized information

    • D. 

      Firms market their products and services over vast distances

  • 25. 
    Which of the following is an advantage of using interactive communication via web?
    • A. 

      Enhanced operational efficiency

    • B. 

      Decreased cannibalization

    • C. 

      Reduced transaction cost

    • D. 

      Increased customer loyalty