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Which of the following statements about information technolo

1. Which of the following statements about information technology is FALSE?

a. Some companies have been threatened by information technology.
b. Information technology can create new product opportunities.
c. Information technology has caused the price of information to remain stable.
d. Part of Walmart's success is due to information technology.

2. An information system that managers design in order to have access to specific information that they need to perform their job effectively is known as a(n) __________.

a. software agent
b. MIS
c. artificial intelligence system
d. expert system

3. Some management scholars have argued that the use of MIS systems has reduced the need for "tall" management structures. Do you agree or disagree with this conclusion? Support your answer.

4. Discuss the four factors that determine how useful information is to a manager, and give a specific business example of each of these factors in a specific business situation of your choosing.

Solution Preview

1. Which of the following statements about information technology is FALSE?
c. Information technology has caused the price of information to remain stable.

2. An information system that managers design in order to have access to specific information that they need to perform their job effectively is known as a(n) __________.
b. MIS

3. Some management scholars have argued that the use of MIS systems has reduced the need for "tall" management structures. Do you agree or disagree with this conclusion? Support your answer.

MIS systems reduce the need for tracking multiple operational components and functions, therefore precluding the need for managers who would oversee the functions which are monitored by the MIS system. In the case of Wal-Mart, the need for managers who oversee the stocking of shelves, is precluded by ...

Solution Summary

1. Which of the following statements about information technology is FALSE?
c. Information technology has caused the price of information to remain stable.

2. An information system that managers design in order to have access to specific information that they need to perform their job effectively is known as a(n) __________.
b. MIS

3. Some management scholars have ...

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