CIS 211 HW 2 Practice

A key point of a/the _____________ is that adoption of any innovation does not happen all at once for all members of the targeted population; rather, it is a drawn-out process, with some people quicker to adopt the innovation than others.

diffusion of innovation theory

_________________ is/are the catalyst for the growth and success of any organization. It can build and sustain profits, create new challenges for the competition, and provide added value for customers.

Innovation

Together, the values, vision, and mission create the fundamental _________ of a company.

culture

_________________ is the application of new ideas to the products, processes, and activities of a firm, leading to increased value

Innovation

Which of the following is a theoretical framework that assesses the perceived usefulness and perceived ease of use for a technology or information system?

technology acceptance model

The most frequently used model or framework for assessing the nature of industry competition is _________, which determines the level of competition and long-term profitability of an industry.

Porter's Five Forces Model

McDonald's has introduced mobile ordering through its app where customers order and pay for their meals as well as earn points for future products. Mobile ordering through the app has increased the efficiency of the company's ordering and order fulfillment processes, reducing customer wait times and increasing loyalty. Mobile ordering is an example of ________________.

digital transformation

____________ is a system for creating alignment and engagement around measurable and ambitious goals

OKRs

The __________ are temporary and will change constantly, whereas the values, __________, and vision will often not change.

initiatives, mission

_______________ involves top-down change driven by senior executives, whereas _______________ involves bottom-up change driven by workers

Reengineering, continuous improvement

A(n)____________ is a temporary endeavor that creates an actionable plan, allowing organizations to achieve their objectives and key results

project

_____________ consists of the major understandings and assumptions for an organization. The understandings, which can include common beliefs, values, and approaches to decision making, are often neither stated nor documented as objectives or formal policies

Organizational culture

Adobe Systems products are widely used in creative industries, such as graphic design, photography, and multimedia production. Two of its well-known products are Adobe Photoshop and Acrobat. These products have come to be known as the industry standard in many creative fields and make it hard for individuals and organizations to switch to another software program. In terms of Porter's Five Forces Model, this is an example of what force?

the threat of new entrants

Organizations must occasionally change how they do business to stay competitive. ________ involves radical process redesign, while _______ seeks to improve processes and add value to products and services.

Reengineering, Continuous Improvement

During the _______ phase of the strategic planning process, the strategic plan (i.e., the mission, vision, values, objectives, key results, and strategies) is communicated from which organizational units' managers can develop detailed plans.

deploy the plan

Which phase of the strategic planning process involves written descriptions of what the business wants to achieve?

set objectives and key results

Popular ______________ methods include Lean, Six Sigma, and Total Quality Management.

continuous improvement

You were recently given a digital camera and are considering starting a photography business. You decide to evaluate the industry in terms of Porter's Five Forces Model. Which of the following statements is true?

The threat of new entrants is very high

The CIO of Rose Inc. is an opinion leader whom others listen to and follow. She is aware of the need for change in adopting a new AI technology to help grow her business but needs assistance getting started. According to the diffusion of innovation theory, the CIO is an example of a(n) ______ innovation adopter.

early adopter

The following are examples of the benefits of strategic planning EXCEPT:

provides a set of measures for IT spending on organizational projects