IFSM300 Quiz 1 Latest 2020/IFSM300 Quiz 1 Latest 2020/IFSM300 Quiz 1 Latest 2020

Question 1          

Which of the following are the two primary methods for obtaining competitive advantage described by Michael Porter? (Select the two that apply)

value chain creation

differentiation advantage

advantage of bringing new products to market

cost advantage

Question 2          

Which of the following are critical in today’s business world?  (select all that apply)

Identifying how an information system can provide competitive advantage

Understanding how organizations translate their high-level mission into specific objectives and align with technology solutions

Understanding how businesses use technology for strategic advantage

Ability to identify business opportunities that can be supported by information technology.