IFSM 300 quiz 1 MCQs (Score 100%)

QuestionQuestion 1 1 / 1 pointWhich of the following is defined as the ability of customers to drive down the price of goods and services?A) supplier powerB) buyer power or the bargaining power of customersC) rivalry among competitorsD) threat of price reductionQuestion 2 1 / 1 pointWhich of the following is a system that combines patient appointment, scheduling, registration, billing and payroll functions?a) Clinical Decision Support Systemb) Financial and Resource Management Systemc) Care Delivery and Clinical Documentation System.d) Practice Management SystemQuestion 3 1 / 1 pointAre there any direct variables that have no effect on a business' competitive position?A) yesB) NoQuestion 4 1 / 1 pointWhich of the following are components of an information system? (select all that apply)A) dataB) hardwareC) peopleD) processE) softwareQuestion 5 1 / 1 pointAccording to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company’s standing in an industry, except for which one?A) Threat of entry of new competitorsB) Political and/or economic factorsC) Bargaining power of suppliersD) Threat of substitute products/servicesQuestion 6 1 / 1 pointWhich of the following systems gathers data from multiple sources and assists in providing structure to the data?a) Transaction Processing System (TPS)b) Management Information System (MIS)c) Decision Support System (DSS)d) Department Management System (DMS)Question 7 1 / 1 pointTrue or false: Early research could not draw any connections between IT and profitability, but later research has shown that the impact can be positive.TrueFalseQuestion 8 0 / 1 pointAdmission-Discharge-Transfer (ADT) systems are an example of which type of information system?Decision support systemManagement information system.Transaction processing system.Electronic document management system.Question 9 1 / 1 pointWeb 2.0 is exemplified by which of the following? (select all that apply)A) bloggingB) online purchasingC) social networkingD) interactive commentsQuestion 10 1 / 1 pointWhich of the following is defined as a series of activities undertaken by the company to produce a product or service?business processesvalue chainstrategic directioncompetitive advantageQuestion 11 1 / 1 pointTrue or False: Health informaticians almost always work in research.TrueFalseQuestion 12 1 / 1 pointWhich of the following statements are true of Decision Support Systems (DSS)? (select all that apply)A) A decision support system (DSS) is an information system built to help an organization make a specific decision or set of decisions.B) DSSs are used only at the executive level and are used to make all strategic decisions.C) DSSs are designed to take inputs regarding a known (or partially-known) decision-making process and provide the information necessary to make a decision.D) DSSs can exist at different levels of decision-making with the organization, from the CEO to the first-level managers.Question 13 1 / 1 pointWhich of the following groups of variables are all direct variables?A) customers, suppliers, government regulations, technologyB) suppliers, time, politics, owners.C) supplier, customers, employees, locationD) employees, location, technology, organizational componentsQuestion 14 1 / 1 pointHealth informaticians work in laboratory, research and public health settings, but are not involved in the clinical environment.TrueFalseQuestion 15 1 / 1 pointTrue or False: Highly qualified vendors, consultants, and IT departments are the most important elements for the successful implementation of enterprise technologies.TrueFalseQuestion 16 0.5 / 1 pointWhich of the following is true about health informatics? (select all that apply)a) It includes management and use of data and information in health careb) Standards are requiredc) It is the science of information applied to health cared) It involves information technologyQuestion 17 1 / 1 pointWhich of the following is exemplified by customers finding a different way to get the product or service?A) customer disloyaltyB) threat of substitute product or servicesC) rivalry among competitorsD) barriers to entryQuestion 18 1 / 1 pointA strategic information system is one that attempts to do one or more of the following: (select all that apply)A) help an organization focus on a specific market segmentB) deliver a product or a service at a lower costC) enable innovationD) deliver a product or service that is differentiatedQuestion 19 1 / 1 pointTrue or False: The data show that IT has reduced the differences among companies.TrueFalseQuestion 20 1 / 1 pointWhich of the following is an electronic record of health-related information on an individual that is shared across more than one health care organization?a) Electronic Health Recordb) Electronic Medical Recordc) Health Information Exchanged) Personal Health Record