Exam 3: Is for Competitive Advantage

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Business processes are networks.

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True

Southwest Air Lines has adopted a____________ strategy.

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low cost

One of the most effective ways of finding a job is by forming an alliance with others, called____________ .

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D

The bargaining power of automobile drivers is a____________ in the price of automobile paint.

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In Porter's value chain, ____________included research and development.

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Using a just- in- time ordering system is an example of how businesses use linkages to Improve process margin.

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A system that reduces____________ for a company can give significant competitive advantage.

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A barrier to entry can be constructed by:

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Intel and Dell established an alliance to gain a competitive advantage.

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Information systems in organizations must facilitate the organization's ____________.

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The intensity of the five forces determine how sustainable the _____________ of the industry will be.

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Locking in customers and suppliers to your company's product or service is an example of:

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As defined by Porter, a value chain is a network of value- creating activities.

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____________may store physical items like inventory, or hold data.

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The ____________of a business process is the value of outputs minus costs.

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Organizations gain____________ by creating new products.

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Employees usually____________ the change that comes with business process redesign.

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A strategic____________ with other organizations might be used to establish standards, reduce purchasing costs, and jointly promote products.

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The fact that rich countries have better access to the intellectual capital stored on the Internet is known as:

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According to Porter's value chain model, the firm's _____________ includes training, compensation, and hiring.

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