MIS 535 Managerial Appls of Info Tech Homework Week 2 Answer

Question 1. Question : The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to as

Question 2. Question : Disintermediation

Question 3. Question : The four major types of competitive strategy are:

Question 4. Question : Information asymmetry exists when

Question 5. Question : When a firm provides a specialized product or service for a narrow target market better than competitors, they are using a

Question 6. Question : Internet technology

Question 7. Question : The Internet raises the bargaining power of customers by

Question 8. Question : Cloud computing

Question 9. Question : Benchmarking

Question 10. Question : The most successful solutions or methods for achieving a business objective are called

Question 11. Question : An information system can enhance core competencies by

Question 12. Question : The more any given resource is applied to production, the lower the marginal gain in output, until a point is reached at which the additional inputs produce no additional output. This is referred to as

Question 13. Question : Network economics

Question 14. Question : In network economics, the value of a commercial software vendor’s software products

Question 15. Question : Current technology trends will result in

Question 16. Question : The quality of ubiquity, as it relates to e-commerce, is illustrated by

Question 17. Question : Which of the following is not a recent development in e-commerce?

Question 18. Question : What term best describes consumers selling goods and services electronically to other?

Question 19. Question : Where there is no well understood or agreed-on procedure for making a decision, it is said to be

Question 20. Question : The type of decision that can be made by following a definite procedure is called a(n)

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MIS 535 Managerial Appls of Info Tech Homework Week 2 Answer