Laudon Mis 6ce Ch03

Management Information Systems, Cdn. 6e (Laudon et al.)
Chapter 3 Information Systems, Organizations, and Strategy

1) An adhocracy is a knowledge-based organization where goods and services depend on the expertise and knowledge of professionals.
Answer: FALSE
Diff: 3 Type: TF Page Ref: 71
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 3.1 Organizations and Information Systems

2) Information systems and organizations influence one another.
Answer: TRUE
Diff: 1 Type: TF Page Ref: 65
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 3.1 Organizations and Information Systems

3) From the point of view of economics, information systems technology can be viewed as a factor of production that can be substituted for traditional capital and labour.
Answer: TRUE
Diff: 3 Type: TF Page Ref: 66
AACSB: Use of information technology
CASE: Content
A-level Heading: 3.1 Organizations and Information Systems

4) A Professional bureaucracy is a large bureaucracy existing in a slowly changing environment, producing standard products.
Answer: FALSE
Diff: 1 Type: TF Page Ref: 71
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 3.1 Organizations and Information Systems

5) When the Eastman Chemical Company split off from Kodak, it demonstrated that firm size can stay constant or contract even as the company increases its revenues.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 72
AACSB: Analytic skills
CASE: Analysis
A-level Heading: 3.2 How Information Systems Impact Organizations and Business Firms

6) A firm can be said to have competitive advantage when they have higher stock market valuations than their competitors.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 76
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 3.3 Using Information Systems to Achieve Competitive Advantage

7) The competitive forces model was created for today's digital firm.
Answer: FALSE