Exam (elaborations)
MIS 309. CRAS 1-6 QUESTIONS AND ANSWERS
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Exam of 2 pages for the course CRAS at CRAS (MIS 309. CRAS 1-6)
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MIS 309. CRAS 1-6The Sarbanes-Oxley Act is also known as ... - answerSOX
Technology experts in the area of process design: - answerleverage technology to
make firms more efficient.
Crowdsourcing tools and question-and-answer sites like _____ allow firms to reach out
for expertise beyond their organizations. - answerQuora
A company uses radio frequency identification (RFID) tags to keep track of its inventory.
This is an example of the impact of technology in the area of _____. -
answerOperations
(true/false) Timing and technology alone will not yield sustainable competitive
advantage. - answertrue
Benefits related to a firm's size are referred to as _____. - answerscale advantages
The resource-based view of competitive advantage states that for a firm to maintain
sustainable competitive advantage it must control a set of exploitable resources that
have four critical characteristics. What are these characteristics? - answerrareness,
value, imperfect imitability, non substitutability
The _____ problem exists when rivals watch a pioneer's efforts, learn from their
successes and missteps, and then enter the market quickly with a comparable or
superior product at a lower cost. - answerfast follower
(true/false) RFID tags allow Zara staff to take in-store inventory less frequently than
rivals, saving money on staffing. - answerfalse
(true/false) Zara's use of technology across the value chain allows the firm to
manufacture more unique items than rivals H&M and Gap. - answertrue
is a non-profit organization that shares audit information on contract manufacturers
among members of the apparel industry and other industries. - answerFair Factories
Clearinghouse
are critical for capturing sales data, and are usually linked to systems which manager a
firm's inventory. - answerpoint of sale systems
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