CAN THESE ANSWERS BE VERIFIED AGAIN? THEY ARE NOT CORRECT

1.Which of the following on McFarlan's grid best describes applications that may be of future strategic importance?

a. Support.

b. Turnaround

c. Strategic

d. Factory.

Answer : c. Strategic

The strategic category represents applications that have a high potential to provide a significant competitive advantage to the organization and align with the organization's overall strategic goals.

The Strategic category includes applications that have a high potential to provide the organization with a significant competitive advantage while also aligning with the organization's overall strategic goals. These applications are typically focused on innovation and have the potential to transform an organization.

Strategic applications may introduce entirely new products or services or provide new ways of doing business. They may also enable the organization to enter new markets, improve customer service, or improve internal collaboration and communication.

Strategic applications require careful planning, investment, and management because they have the potential to provide a significant competitive advantage. Organizations must ensure that the applications are aligned with their overall strategic goals and that they have the resources and expertise to implement and maintain them successfully.

In summary, strategic applications are those that have the potential to provide the organization with a significant competitive advantage and are aligned with the organization's overall strategic goals. They are typically focused on innovation and have the potential to transform an organization.

2.With which of the following is information management strategy not concerned?

a. Role and structure of IT activities in the organisation.

b. Relationships between the specialists and users and between the centre and SBUS.

c. Management controls for IT, management responsibilities, performance measurement and management processes.

d. Selection, use and management of the technology.

Answer:They are all aspects of information management strategy:

As a result, none of the listed options are correct because information management strategy is concerned with all of them. A comprehensive approach to managing an organization's information resources and aligning them with the organization's goals and objectives is known as information management strategy. It entails defining how an organization's information is collected, processed, stored, and disseminated, as well as how information technology (IT) is used to support these activities.

3.J is a well established supermarket chain based in country H. It has recently launched a website that allows customers to shop for their groceries online.

The goods purchased will then be delivered to the customer's home by J.

Which ONE of the following effects will the website launch have on J's industry?

a. Increased threat of substitutes

b. Increased threat of new entrants

c. Increased barriers to entry

d. Increased customer power

Answer: a. Increased threat of substitutes.

J's launch of a website that allows customers to shop for groceries online and have them delivered to their homes is likely to increase the threat of substitutes in the supermarket industry.

Customers will have more options with the availability of online shopping and home delivery, making it easier for them to switch to other supermarkets or online retailers if they offer better prices, quality, or convenience. With increased competition from substitutes, J and other established supermarket chains will be under pressure to differentiate themselves and provide better value to their customers.

4.YOU plc has recently decided to invest in an EDI system that will allow it to automatically place orders with its major suppliers. Currently, YOU's purchasing department staff have to place telephone orders to the company's suppliers, which is slow and inefficient.

Which activity within YOU's value chain will the new EDI system improve?

a. Infrastructure

b. Inbound logistics

c. Outbound logistics

d. Procurement

Answer: d. Procurement.

The new EDI system will improve Procurement activity within YOU's value chain.

Procurement is the process of acquiring goods and services from suppliers, and it includes activities such as locating suppliers, negotiating prices and terms, and placing orders. The current method of placing phone orders is slow and inefficient, resulting in delays and errors that affect the entire value chain.

The new EDI system will streamline and automate the process of placing orders with major suppliers. This will save YOU's purchasing department staff time and effort, allowing them to focus on more value-added activities like supplier relationship management and cost analysis.

5.Which of the following categories of e-business would an EDI (electronic data interchange) system usually be classified within?

a. B2B

b. C2B

c. B2C

d. C2C

Answer: a. B2B

An EDI (electronic data interchange) system is typically classified as B2B (business-to-business) e-business.

Electronic transactions between businesses, such as those between YOU and its major suppliers, are referred to as B2B e-business. EDI is a type of electronic communication that allows businesses to exchange standard business documents with their trading partners, such as purchase orders and invoices.

Electronic transactions between businesses and individual consumers, such as online shopping websites, are referred to as B2C (business-to-consumer) e-business.

Consumer-to-business (C2B) e-commerce refers to electronic transactions in which consumers sell goods or services to businesses. This can include freelance work or platforms for crowdsourcing.

C2C e-business refers to electronic transactions between individual consumers, such as online marketplaces or classified ad websites.

6.Which one of the following is a typical feature of a virtual organisation?

a. Significant reliance on technology

b. High asset setup costs

c. Low levels of outsourcing to third parties

d. High degree of control over quality

Answer: a. Significant reliance on technology

A virtual organization's reliance on technology is a common feature.

A virtual organization is a network of geographically dispersed individuals or groups who collaborate to achieve a common goal through the use of information technology. These individuals or groups may be located in different organizations, time zones, or countries and may work on projects or activities without ever meeting in person.

A virtual organization's success is dependent on its members' ability to communicate, collaborate, and coordinate using technology. This includes using email, instant messaging, video conferencing, and other online tools to facilitate communication and information exchange.

A virtual organization, as opposed to a traditional organization, typically has lower asset setup costs because it does not require a physical office or infrastructure. It may also have a higher level of third-party outsourcing because it relies on external contractors or vendors to provide specialized skills or services.

The degree of quality control in a virtual organization varies according to the nature of the work and the level of trust among its members. Virtual organizations, on the other hand, tend to rely on processes and procedures to ensure quality rather than direct supervision or control.

7.Which of the following is a main type of digital marketing?

a. Social media

b. Push

c. Low cost

d. Success.

Answer: a. Social media

One of the most common types of digital marketing is social media marketing.

The promotion of products or services through digital channels such as search engines, social media, email, and mobile devices is referred to as digital marketing. Social media marketing is a type of digital marketing that involves connecting with customers and promoting products or services through social media platforms such as Facebook, Twitter, and Instagram.

Social media marketing tactics can include creating and sharing content, engaging with customers, running targeted ads, and measuring campaign effectiveness. Businesses can use it to reach a large audience, raise brand awareness, and engage with customers in real time.

Another type of digital marketing is push marketing, which involves sending promotional messages to customers via email or mobile notifications. Low-cost marketing refers to strategies that focus on lowering costs while still effectively reaching customers. Success marketing is an unofficial type of digital marketing.

8.Which of the following is false about virtual organisations?

a. Costs are lower due to lower investment in assets.

b. Negotiating revenue or profit sharing agreements with all the different partner organisations is easy.

c. Many functions are outsourced to other organisations.

d. There is a small central core of staff.

Answer: b. Negotiating revenue or profit sharing agreements with all the different partner organisations is easy.

It is simple to negotiate revenue or profit sharing agreements with all of the different partner organizations.

Virtual organizations are networks of geographically dispersed individuals or groups who collaborate to achieve a common goal through the use of information technology. One of the primary benefits of virtual organizations is that they have lower asset setup costs than traditional organizations because they do not need a physical office or infrastructure.

Many functions in a virtual organization, such as design, manufacturing, marketing, and customer service, may be outsourced to other organizations or individuals. This enables the organization to gain access to specialized skills and expertise without having to hire a large number of internal employees.

Negotiating revenue or profit sharing agreements with all of the different partner organizations, on the other hand, can be complicated and requires careful coordination and communication. This is due to the fact that virtual organizations frequently involve multiple stakeholders with varying goals and objectives.

Finally, in a virtual organization, there is usually a small central core of staff who provide coordination, leadership, and support to the network of external partners.

Step-by-step explanation

Key references:

1.Shao, Y. P., Liao, S. Y., & Wang, H. Q. (1998). A model of virtual organisations. Journal of information science, 24(5), 305-312.

2.Norman, T. J., Preece, A., Chalmers, S., Jennings, N. R., Luck, M., Dang, V. D., ... & Fiddian, N. J. (2004). Agent-based formation of virtual organisations. Knowledge-based systems, 17(2-4), 103-111.

3.Chaffey, D., & Ellis-Chadwick, F. (2019). Digital marketing. Pearson uk.

4.Desai, V., & Vidyapeeth, B. (2019). Digital marketing: A review. International Journal of Trend in Scientific Research and Development, 5(5), 196-200.