Terry Wilson Strategy at Tuscan

  

Assignment-7

Terry Wilson, a seasoned marketing veteran, has recently decided to explore growth options for Tuscan Treasures, an importer of Italian furniture. Profits are declining and Mr. Wilson must decide whether to downsize or expand to improve the situation. You have been asked to advise Mr. Wilson on which growth strategy would best aid Tuscan Treasures should he chose that route. You have also been asked to provide Mr. Wilson with a better understanding of why profits have been down recently, including possible causes of the decline. He also wants to know what he would need to do if he decides to downsize he operation.
 

Part A: Provide Mr. Wilson with three possible growth strategies.
 

Part B: What are the possible causes of his companys decline?
 

Part C: What are some recommendations for handling a downsizing? 

Bussiness management (IT)Set-1-MCQ

        

Question 1 of 20

The   information systems projects of both the U.S. Navy and FedEx were __________   in nature. 

    

     

A.     tactical

    

B.     strategic

    

C.     operational

    

D.     large-scale

 

    

Question 2 of 20

A   global information systems strategy is characterized by __________ systems. 

    

     

A.     centralized

    

B.     decentralized

    

C.     distributed

    

D.     homogeneous

 

    

Question 3 of 20

The   business competency area for IS professionals: 

    

     

A.     is more strategic than technical.

    

B.     sets them apart from others who have only technical skills.

    

C.     is the easiest to outsource.

    

D.     None of the above

 

    

Question 4 of 20

Information   systems are combinations of __________ that people build and use to collect,   create, and distribute useful data, typically in organizational settings. 

    

     

A.     hardware

    

B.     software

    

C.     telecommunications networks

    

D.     All of the above

 

    

Question 5 of 20

Which   type of information system enables customers to buy goods and services from a   firm’s Web site? 

    

     

A.     Customer Relation Management System

    

B.     Electronic Commerce System

    

C.     Office Automation System

    

D.     Transaction Processing System

 

    

Question 6 of 20

Which   of the following is considered to be one of the more traditional categories that   are used to describe information systems? 

    

     

A.     Transaction processing systems

    

B.     Management information systems

    

C.     Decision support systems

    

D.     All of the above

 

    

Question 7 of 20

Which   of the following is NOT true about knowledge? 

    

     

A.     Knowledge is accumulated wisdom.

    

B.     Knowledge is needed to understand relationships between different pieces of     information.

    

C.     Knowledge is used to organize or manipulate data.

    

D.     All of the above are true.

 

    

Question 8 of 20

Knowledge   is a body of governing procedures. Which of the following American   outsourcing destination countries has the highest English proficiency? 

    

     

A.     Argentina

    

B.     Brazil

    

C.     Costa Rica

    

D.     Mexico

 

    

Question 9 of 20

Which   of the flowing is NOT a product marketed by Apple? 

    

     

A.     iPod

    

B.     iTunes

    

C.     iDrive

    

D.     Newton

 

    

Question 10 of 20

Which   executive-level person is responsible for overseeing and managing the   organization’s information systems? 

    

     

A.     Chief Knowledge Officer

    

B.     Chief Technology Officer

    

C.     Chief Information Officer

    

D.     Chief Operations Officer

 

    

Question 11 of 20

Which   IS manager is responsible for coordinating and managing the entire voice and   data network? 

    

     

A.     Operations manager

    

B.     Database administrator

    

C.     Telecommunications manager

    

D.     Network manager

 

    

Question 12 of 20

Which   of the following events interrupted Globalization 2.0? 

    

     

A.     The Great Depression

    

B.     World War I

    

C.     World War II

    

D.     All of the above

 

    

Question 13 of 20

__________   is a cultural characteristic related to the risk-taking nature of a culture. 

    

     

A.     Risk aversion

    

B.     Uncertainty avoidance

    

C.     Fear of future consequences

    

D.     Risk seeking

 

    

Question 14 of 20

The   first mainstream Web browser was called: 

    

     

A.     Netscape.

    

B.     Opera.

    

C.     Firefox.

    

D.     Internet Explorer.

 

    

Question 15 of 20

Which   of the following is a weakness of the multidomestic business strategy? 

    

     

A.     Differing product offerings limit economies of scale

    

B.     Inability to react to local market conditions

    

C.     Difficult to manage

    

D.     Personnel overhead

 

    

Question 16 of 20

__________   enables you to apply concepts from one domain to a new situation or problem. 

    

     

A.     Information

    

B.     Wisdom

    

C.     Data

    

D.     Knowledge

 

    

Question 17 of 20

De   facto standards contributing to Globalization 3.0 include all of the   following EXCEPT: 

    

     

A.     Microsoft Word.

    

B.     Adobe Acrobat.

    

C.     PayPal.

    

D.     eBay.

 

    

Question 18 of 20

Which   of the following is NOT considered a geoeconomic challenge of operating in a   digital world? 

    

     

A.     Demographic

    

B.     Expertise

    

C.     Time zone differences

    

D.     Internet access

 

    

Question 19 of 20

A   __________ information systems strategy is characterized by local databases. 

    

     

A.     global

    

B.     transnational

    

C.     multinational

    

D.     hybrid

 

    

Question 20 of 20

The   EU data protection directive limits: 

    

     

A.     Internet freedom.

    

B.     personal rights to access data.

    

C.     transborder data flows.

    

D.     electronic commerce.

 

Respond the discussion board

They are 2 discussion boards post below. read and Reply to each discussion post 100 words per each response so total 200words.  Responses should demonstrate critical thinking and comprehension of the discussion topic and are strengthened when they are supported by additional research. You are expected to provide supporting details for your response; that support may come from the points covered in the readings and additional external research all source must be cited and listed  (appropriately cited) in APA   

Bussiness management (IT)Set-5-MCQ

  

1. Companies use information systems to support their various business processes and activities for internal operations, which does NOT include:
A. manufacturing.
B. interaction with suppliers.
C. human resource management.
D. order processing.
 

2, __________ refers to systems for providing effective and efficient communication with the customer from the entire organization.
A. Operational CRM
B. Analytical CRM
C. Collaborative CRM
D. Executional CRM
 

3. The emergence of the Internet and Web has resulted in __________, opening up new opportunities and methods for conducting business.
A. the globalization of customer and supplier networks
B. the integration of customer and supplier networks
C. delineating the customer and supplier networks
D. the integration of all business processes within an organization
 

4, __________ are operated by third-party vendors, meaning that they are built and maintained by a particular company.
A. Electronic exchanges
B. Trading exchanges
C. Multimedia marketplaces
D. Resource marketplaces
 

5. Support activities include infrastructure, human resources, __________, and procurement.
A. operations and management
B. marketing and sales
C. customer service
D. technology development
 

6. A value system is formed when:
A. a company creates additional value by integrating internal applications with suppliers, business partners, and customers.
B. companies connect their internal value chains.
C. information flows from one company’s value chain to another company’s value chain.
D. All of the above
 

7. __________ applications are systems that focus on the specific needs of individual departments and are not designed to communicate with other systems of the organization.
A. Packaged
B. Custom
C. Stand-alone
D. Internally focused
 

8.__________ involves the business activities associated with receiving and stocking raw materials, parts, and products.
A. Inbound logistics
B. Operations and manufacturing
C. Outbound logistics
D. Marketing and sales
 

9. The key purpose of a(n) __________ system is to streamline the flow of information from one company’s operations to another’s.
A. intraorganizational
B. operational
C. management information
D. interorganizational
 

10. Data warehouses are databases that store information:
A. related to a specific department.
B. required for a specific business activity.
C. related to the various business activities of an organization.
D. that is outdated.
 

11.__________ can be accomplished by integrating multiple business processes in ways that enable firms to meet a wide range of unique customer needs.
A. Competitive advantage
B. Economies of scale
C. Process reengineering
D. Strategic information planning
 

12. __________ is a corporate-level strategy concentrating on the downstream information flows.
A. Business Process Management
B. Supply Chain Management
C. Customer Relationship Management
D. Enterprise Resource Planning
 

13. An Enterprise Marketing Automation system provides a comprehensive view of the:
A. competitors.
B. industry trends.
C. environmental factors.
D. All of the above
 

14. The term __________ is commonly used to refer to the producers of supplies that a company uses.
A. supply network
B. value system
C. supply chain
D. value chain
 

15. Customer Relationship Management applications concentrate on the __________ integrating the value chains of a company and its distributors.
A. upstream information flows
B. legacy systems
C. externally focused systems
D. downstream information flows
 

16. Like ERP and CRM applications, SCM packages are delivered in the form of __________, which companies select and implement according to their business requirements.
A. components
B. solutions
C. modules
D. systems
 

17. The supply chain __________ module in SCM packages reports key measurements in the supply chain.
A. collaboration
B. event management
C. exchange
D. performance management
 

18. __________ is often the most overlooked, underestimated, and poorly budgeted expense involved in planning enterprise system implementations.
A. Customization
B. Training
C. Executive sponsorship
D. Help from outside experts
 

19. __________ are designed to automate the business processes that occur before, during, and after sales have been transacted between a supplier and multiple customers.
A. Resource portals
B. Procurement portals
C. Distribution portals
D. Enterprise portals
 

20.__________ allows Web page designers to create customized tags that specify how the document should be formatted.
A. HTML
B. XBRL
C. XML
D. W3C