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IFSM 300 Week Quiz 3 Solutions

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IFSM 300 Week Quiz 3 Solutions

Which of the following statements are true regarding software?  (select all that apply)

Without software, the hardware would not be functional.

Software is created through the process of programming.

Software can be broadly divided into two categories: operating systems and application software.

Software is the set of instructions that tell the hardware what to do.

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Solved: IFSM 300 Quiz 1

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Which of the following is defined as the ability of customers to drive down the price of goods and services?

supplier power

rivalry among competitors

threat of price reduction

buyer power or the bargaining power of customers

A strategic information system is one that attempts to do one or more of the following: (select all that apply)

help an organization focus on a specific market segment

enable innovation

deliver a product or a service at a lower cost

deliver a product or service that is differentiated

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

A) differentiation advantage
B) value chain creation
C) cost advantage
D) advantage of bringing new products to market

True or false:  Highly qualified vendors,

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IFSM 300 Maryland Technology Consultants, Inc Case Study

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Maryland Technology Consultants, Inc. Maryland Technology Consultants (MTC) is a successful Information Technology consulting firm that utilizes proven IT and management methodologies to achieve measurable results for its customers. Its customer base includes small to mid-tier businesses, non-profit organizations and governmental agencies at the local, state and federal levels. MTC feels strongly

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Stage 1: Strategic Use of Technology

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Stage 1:   Strategic Use of Technology

Before you begin work on this assignment, be sure you have read the Case Study on Maryland Technology Consultants (MTC).  MTC is a fictional company created for IFSM 300’s Case Study.  It is also recommended that you review the additional Stages (2, 3 and 4) as well as the vendor brochure provided for Stage 4.  This will help you understand the overall

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