Question 1

Surplus of a product serves as an example of weak force for the bargaining power of suppliers.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following statements is TRUE of business processes?

Accepted Answer

A)  If a value chain's margin is negative, the value should be decreased. 
B)  Value chain activities differ based on the business processes being used. 
C)  If a value chain's margin is negative, the costs of the value chain should be increased. 
D)  The processes implementing a value chain must create sufficient value to cover their costs. 
A)  If a value chain's margin is negative, the value should be decreased. 
B)  Value chain activities differ based on the business processes being used. 
C)  If a value chain's margin is negative, the costs of the value chain should be increased. 
D)  The processes implementing a value chain must create sufficient value to cover their costs.

Question 3

Focused differentiation is a strategy in which a product is unique and is used by a wide range of consumers.

Accepted Answer

A) True 
 B)False

Question 4

Porter's five competitive forces can be grouped into forces related to competition and forces related to supply chain ________ power.

Accepted Answer

A)  rivalry 
B)  labor 
C)  bargaining 
D)  consumers 
A)  rivalry 
B)  labor 
C)  bargaining 
D)  consumers

Question 5

Ultimately, competitive strategy determines the structure, features, and functions of every information system.

Accepted Answer

A) True 
 B)False

Question 6

Briefly describe how organizational strategy determines the functions of information systems.

Accepted Answer

Organizations examine the structure of t

Question 7

The difference between the value that an activity generates and the value of its competitor is called the margin.

Accepted Answer

A) True 
 B)False

Question 8

What are the four competitive strategies based on Porter's five forces model?

Accepted Answer

An organization responds to the structur

Question 9

Competitive strategy determines an organization's value chain.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is TRUE of a value chain?

Accepted Answer

A)  It is a network of value-creating activities. 
B)  It consists of only primary activities. 
C)  It is specific to manufacturing industries. 
D)  It nullifies the importance of support activities. 
A)  It is a network of value-creating activities. 
B)  It consists of only primary activities. 
C)  It is specific to manufacturing industries. 
D)  It nullifies the importance of support activities.

Question 11

Support activities contribute directly to the production, sale, and service of the product.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is an example of a competitive strategy employed by a firm?

Accepted Answer

A)  increasing the price of its product when raw material prices increase 
B)  laying off staff in order to cut down costs during a recession period 
C)  advertising its products nationwide like its competitor organizations 
D)  launching a unique product targeted at a section of consumers 
A)  increasing the price of its product when raw material prices increase 
B)  laying off staff in order to cut down costs during a recession period 
C)  advertising its products nationwide like its competitor organizations 
D)  launching a unique product targeted at a section of consumers

Question 13

Describe Porter's five forces model.

Accepted Answer

Organizational strategy begins with an a

Question 14

Porter's model of business activities includes ________, which are interactions across value activities.

Accepted Answer

A)  linkages 
B)  evaluations 
C)  iterations 
D)  operations 
A)  linkages 
B)  evaluations 
C)  iterations 
D)  operations

Question 15

The bargaining power of ________ is one of the five competitive forces in Porter's five forces model.

Accepted Answer

A)  investors 
B)  competitors 
C)  employees 
D)  customers 
A)  investors 
B)  competitors 
C)  employees 
D)  customers

Question 16

A company uses the outbound logistics activity to deliver the finished product to a customer.

Accepted Answer

A) True 
 B)False

Question 17

Value chain activities are not dependent on the competitive strategies used by organizations.

Accepted Answer

A) True 
 B)False

Question 18

The competitive strategy followed by an organization is derived from the ________ of its industry.

Accepted Answer

A)  function 
B)  structure 
C)  profits 
D)  goals 
A)  function 
B)  structure 
C)  profits 
D)  goals

Question 19

A business that selects a differentiation strategy will always structure itself around least-cost activities.

Accepted Answer

A) True 
 B)False

Question 20

If a value chain's margin is ________ the company can not cover its costs and must make some changes.

Accepted Answer

A)  negative 
B)  zero 
C)  positive 
D)  not part of the process 
A)  negative 
B)  zero 
C)  positive 
D)  not part of the process

Exam 3: Organizational Strategy, Information Systems, and Competitive Advantage

Surplus of a product serves as an example of weak force for the bargaining power of suppliers.

Which of the following statements is TRUE of business processes?

Focused differentiation is a strategy in which a product is unique and is used by a wide range of consumers.

Porter's five competitive forces can be grouped into forces related to competition and forces related to supply chain ________ power.

Ultimately, competitive strategy determines the structure, features, and functions of every information system.

Briefly describe how organizational strategy determines the functions of information systems.

The difference between the value that an activity generates and the value of its competitor is called the margin.

What are the four competitive strategies based on Porter's five forces model?

Competitive strategy determines an organization's value chain.

Which of the following is TRUE of a value chain?

Support activities contribute directly to the production, sale, and service of the product.

Which of the following is an example of a competitive strategy employed by a firm?

Describe Porter's five forces model.

Porter's model of business activities includes ________, which are interactions across value activities.

The bargaining power of ________ is one of the five competitive forces in Porter's five forces model.

A company uses the outbound logistics activity to deliver the finished product to a customer.

Value chain activities are not dependent on the competitive strategies used by organizations.

The competitive strategy followed by an organization is derived from the ________ of its industry.

A business that selects a differentiation strategy will always structure itself around least-cost activities.

If a value chain's margin is ________ the company can not cover its costs and must make some changes.

The Importance of Mis

Business Processes, Information Systems, and Information

Hardware and Software

Database Processing

The Cloud

Processes, Organizations, and Information Systems

Social Media Information Systems

Business Intelligence Systems

Information Systems Security

Information Systems Management

Information Systems Development

Collaboration Information Systems for Decision Making, Problem Solving, and Project Management

Collaborative Information Systems for Student Projects

Mobile Systems

Introduction to Microsoft Excel 2016

Database Design

Using Microsoft Access 2016

Using Excel and Access Together

Network and Cloud Technology

Enterprise Resource Planning Erp Systems

Supply Chain Management

Enterprise Social Networks and Knowledge Management

Database Marketing

Reporting Systems and Olap

Artificial Intelligence and Automation

Data Breaches

International Mis

Systems Development Project Management

Agile Development

Business Process Management

Filters