UMUC - 2019 - IFSM 300 - Quiz 1 - Week 1.docx - Your quiz has been submitted successfully Question 1 1 1 point True or false Highly qualified vendors

UMUC - 2019 - IFSM 300 - Quiz 1 - Week 1.docx - Your quiz...

This preview shows page 1 - 4 out of 9 pages.

Your quiz has been submitted successfully. Question 1 1 / 1 point True or false: Highly qualified vendors, consultants, and IT departments are the most important elements for the successful implementation of enterprise technologies. True False View Feedback Review Week 1 Content Does IT Matter? Correct! Process innovations provide the real value. Question 2 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? Threat of entry of new competitors Threat of substitute products/services Political and/or economic factors Bargaining power of suppliers View Feedback Review Week 1 Content - Does IT Matter?
Image of page 1
Question 3 1 / 1 point Which of the following are components of an information system? (select all that apply) process people hardware data software View Feedback Review Week 1 Content What is an Information System? Question 4 1 / 1 point Which of the following is defined as the ability of customers to drive down the price of goods and services? rivalry among competitors buyer power or the bargaining power of customers supplier power
Image of page 2
threat of price reduction View Feedback Review Week 1 Content Does IT Matter.
Image of page 3
Image of page 4

You've reached the end of your free preview.

Want to read all 9 pages?

  • Fall '09
  • IFSM 300, Week 1, Quiz 1, UMUC

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture