NPTEL Management Information System Week 7 Assignment Answers 2024
1. Product Differentiation strategy is:
a) Organizations need to reduce their operational costs so as to deliver the cheapest product or service.
b) A marketing approach that a company uses to increase its market share and sales volume by entering an existing market with a new product or service.
c) Information systems help organizations record the consumer.
d) Companies constantly strive to provide their customers with different products or services from those available in the market.
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2. Business strategy is a function of:
a) Competition
b) Positioning
c) Capabilities.
d) All of these
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3. Which infrastructure components are not required to draft information system strategy?
a) Hardware.
b) Software
c) Programmers
d) Network
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4. Which of the following aspect manager needs to consider to align IT with the business objectives of
firms?
a) Power of suppliers, customers, and substitute products.
b) New entrants
c) Option a and b
d) None of these
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5. Which of the following is a measurable business performance dimension in Balanced scorecard?
a) Operational
b) Pollution
c) Learning and Growth
d) Competition
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6. While implementing balanced score card, managers can focus on which of the following functions to
influence present situation?
a) Customer satisfaction
b) Financial performance
Employee training
d) Growth forecast.
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7. Which strategy focuses on being the lowest-cost producer?
a) Differentiation
b) Focus
c) Cost leadership
d) Niche market
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8. What is an SLA in the context of cloud computing?
a) Server Location Agreement
b) Service Level Agreement
c) Software Licensing Agreement
d) Storage Location Agreement
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9. Which of the following Service factors required to be consider while evaluating cloud vendors?
a) Technical expertise and understanding
b) Disaster recovery & business continuity
c) Third-party audit
d) All of these
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10. Who identified the three generic strategies for achieving competitive advantage?
a) Michael Porter
b) Henry Mintzberg
c) Philip Kotler
d) Peter Drucker
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