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1 - IS 491 || Chapter One
1 - IS 491 || Chapter One
27
Computer Science
Undergraduate 4
01/09/2019

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Cards

Term
What are a coordinated set of actions to fulfill objectives, purposes, or goals that sets limits on what the organization seeks to accomplish?
Definition
Strategy
Term
What are the following components of?:

Business

Organizational

Information
Definition
The Information Systems Strategy Triangle
Term
What is where a business seeks to go and how it expects to get there?
Definition
Business Strategy
Term
Who is the lowest cost producer?
Definition
Cost Leader
Term
Unique Product is an element of what?
Definition
Differentiation Strategy
Term
Limited Scope is an element of what?
Definition
Focus Strategy
Term
What are the following?:

Cost Leadership Strategy

Differentiation Strategy

Focus Strategy
Definition
Three primary strategies for achieving competitive advantage from Porter’s generic strategies.
Term
What is a strategy to change the industry; create new segments/products?
Definition
Blue Ocean Environment
Term
What is a strategy that involves cutthroat competition –zero sum game?
Definition
Red Ocean Environment
Term
What are achieved through series of small steps to get newadvantage before old one erodes?
Definition
Initiatives
Term
What should the goal of advantage be?
Definition
Disruption, not sustainability.
Term
What can be a deadly distraction from creating new ones?
Definition
Advantage
Term
What causes Advantage to eventually become a cost?
Definition
Erosion
Term
What is imagining how to destroy and grow your business?
Definition
Creative Destruction
Term
What is imagining how competitors would want to destroy your business?
Definition
DYB Creative Destruction
Term
What is imagining how to counteract a competitor trying to destroy your business, by finding ways to grow your business in some way?
Definition
GYB Creative Destruction
Term
What s critical to choosing IS to complement the strategy?
Definition
Understanding which strategy is chosen by a firm.
Term
What makes IS critical to achieving business goals?
Definition
The speed of change is too fast for manual response.
Term
What create competitive advantage through Dynamic Environment Strategies?
Definition
Speed, agility, and aggressive moves and countermoves by a firm.
Term
What are choices about work processes?
Definition
Organizational Strategy
Term
How do you manage organizational, control, and cultural variables?
Definition
Managerial Levers
Term
What is the plan an organization uses in providing information services?
Definition
IS Strategy
Term
What are the following?:

Hardware

Software

Networking

Data
Definition
The Four key IS infrastructure components.
Term
What is to extend the reach of stakeholders to find and connect with one‐another?
Definition
Social Strategy: Collaboration
Term
What is to involve stakeholders in the business via blogs; communities?
Definition
Social Strategy: Engagement
Term
What is to identify, describe, prioritize new ideas?
Definition
Social Strategy: Innovation
Term
What should be balanced and should each establish and support the others?
Definition
Business Strategy

Organizational Strategy

Information Systems Strategy
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