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TEST BANK for Essentials of MIS 14th Edition, by Kenneth Laudon, Jane Laudon Complete Chapters| Verified Questions & Correct Answers| Exam Preparation Q&As| A+ PASS

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TEST BANK for Essentials of MIS 14th Edition, by Kenneth Laudon, Jane Laudon Complete Chapters| Verified Questions & Correct Answers| Exam Preparation Q&As| A+ PASSChapter 1 Information Systems in Glo... bal Business Today 1) The six important business objectives of information technology are new products, services, and business models; customer and supplier intimacy; survival; competitive advantage; operational excellence; and A) improved flexibility. B) improved decision making. C) improved business practices. D) improved efficiency. E) improved business value. Answer: B Page Ref: 13 Difficulty: Easy AACSB: Information technology CASE: Concept LO: 1.1: How are information systems transforming business, and why are they so essential for running and managing a business today? 2) Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise realtime information illustrates which business objective? A) improved flexibility B) improved decision making C) competitive advantage D) survival E) customer and supplier intimacy Answer: B Page Ref: 15 Difficulty: Difficult AACSB: Information technology CASE: Synthesis LO: 1.1: How are information systems transforming business, and why are they so essential for running and managing a business today? Franklyne A plus Pass Page | 3 Franklyn A Plus Pass 3) Which of the following choices may lead to competitive advantage? 1. new products, services, and business models; 2. charging less for superior products; 3. responding to customers in real time? A) 1 only B) 1 and 2 C) 2 and 3 D) 1 and 3 E) 1, 2, and 3 Answer: D Page Ref: 15 Difficulty: Difficult AACSB: Analytical thinking CASE: Application LO: 1.1: How are information systems transforming business, and why are they so essential for running and managing a business today? [Show More]

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