Information Technology in Organizations
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Questions and Answers

What can a firm use information technology to achieve?

  • To develop alliances with customers only
  • To manage regional and global business expansion or to diversify and integrate into other products and services (correct)
  • Only to manage regional business expansion
  • To create virtual organizations of business partners only

    • What can be improved dramatically using information technology?

  • The efficiency of only business processes
  • The efficiency of business processes and the quality of products and services (correct)
  • The quality of only products and services
  • The efficiency of only products and services

    • What can a firm build using information technology?

  • A strategic information base of all the information collected (correct)
  • A virtual organization of business partners
  • An alliance with customers
  • A global business expansion

    • Why might companies not want to wait too long before investing in information technology?

    <p>Because it would be tough to catch up later once you get behind your competitors</p> Signup and view all the answers

    What do some experts argue about the use of information technology?

    <p>It has become a strategic necessity</p> Signup and view all the answers

    Information technology is defined as only hardware and software in an academic term.

    <p>False</p> Signup and view all the answers

    A company can use information technology to reduce the cost of business processes and increase the costs of customers or suppliers.

    <p>False</p> Signup and view all the answers

    In today's business environment, technology is an afterthought in forming business strategy.

    <p>False</p> Signup and view all the answers

    A firm can use information technology to create new products or services but not make radical changes to business processes.

    <p>False</p> Signup and view all the answers

    Investing in information technology is not necessary for a firm to maintain its business competitiveness.

    <p>False</p> Signup and view all the answers

    A firm can use information technology to create a physical organization of business partners.

    <p>False</p> Signup and view all the answers

    The use of information technology is only a strategic advantage and not a strategic necessity.

    <p>False</p> Signup and view all the answers

    A firm can use information technology to manage only regional business expansion.

    <p>False</p> Signup and view all the answers

    Information technology can improve the efficiency of business processes and the quality of products and services, but not dramatically.

    <p>False</p> Signup and view all the answers

    Firms can easily catch up with their competitors if they wait too long to invest in information technology.

    <p>False</p> Signup and view all the answers

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