DeVry MIS 535 Week 2 Homework

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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 18.

Question :

What term best describes consumers selling goods and services electronically to other?

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

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)