Michael
Porter
Porter
Michael Porter created what?
Five Forces Model
What is a metric?
A measurement that evaluates results to determine whether a product is meeting its goals.
It is a tool that ensures that the systems are successfully implemented, meet strategic and business objectives, and are safe for users
In the present day, is Square a sustaining or disruptive technology?
Sustaining
Possible Answers: virtual reality, online lodging, music streaming, instant messaging, etc.
What is the difference between buyer power and supplier power?
Buyer Power can affect an item's price, and supplier power can influence the price of their supplies.
Give an example of Key Performance Indicators.
Possible Answers: Employee turnover rate, number of product returns, number of new customers, average customer spending, and number of help desk calls answered in the first minute.
Give a reason why a project might fail.
Possible Answers: Lack of planning, unclear or missing requirements, and skipping steps in the SDLC.
According to the Pivot Tables, what two coffee roasts should Jitters Coffee consider omitting?
Possible Answers: Hazelnut, Vanilla or Decaf.
Give an example of e-policy.
Michael Porter's Five Forces Model includes the Buyer Power, Supplier Power, Threat of Substitutes, Threat of New Entrants, and...
Rivalry Among Competitors
What is artificial intelligence?
It simulates human thinking and behavior, such as the ability to reason and learn.
What are the three types of outsourcing?
Onshore, offshore, and nearshore.
How does Pinterest utilize cloud computing?
It allows users to access their profile and the platform when connected to the internet.
What is a hot site?
A separate and fully equipped facility where the company can move immediately after a disaster and resume business.
What are the three generic strategies?
Broad Cost Leadership, Broad Differentiation, and Focused Strategy
Differentiate between automation, streamlining, and engineering.
Automation computerizes tasks where streamlining gets rid of unnecessary tasks and simplifies others. Engineering analyzes and then redesigns the workflow to increase efficiency.
Why is testing important step in the SDLC?
Testing eliminates errors and bugs to verify the entire system is functioning properly.
Is buyer power high or low in the streaming services industry?
Buyer power is high because of the many streaming services offered.
What are the three primary areas in information MIS infrastructure?
Backup & recovery, disaster relief, and business continuity planning.
Michael Porter is recognized as the father of what?
Modern Strategy
The five main times of AI are neural networks, genetic algorithms, intelligent agents, __________, and ____________.
Expert Systems and Virtual Reality
List the seven steps of the SDLC in order.
Planning, analysis, design, development, testing, implementation, and maintenance.
Web 2.0 because it utilizes social networking features within its business model and plan. Ex. advertising on social media platforms.
What are the characteristics of relational databases?
Increased flexibility, increased scalability, and performance, redacted information redundancy, increased information integrity and increased information security.