Click Link Below To Buy: http://hwaid.com/shop/ifsm-300-weeks-quizzes-1-8/ IFSM 300 Quiz 1
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 Question 2 1 / 1 point
Are there any direct variables that have no effect on a business' competitive position? A) yes B) No 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 / 1 point
True or false: Early research could not draw any connections between IT and profitability, but later research has shown that the impact can be positive. True False View Feedback
Question 6 1 / 1 point
Web 2.0 is exemplified by which of the following? (select all that apply)
A) blogging
B) online purchasing
C) social networking
D) interactive comments View Feedback
Question 7 1 / 1 point
In a business like Walmart, which of the