Question 1

Bob's firm makes it easy for its suppliers to connect and work with his company, thus____________ the supplier.

Accepted Answer

A)  creating entry barriers 
B)  locking in 
C)  locking out 
D)  switching costs 
A)  creating entry barriers 
B)  locking in 
C)  locking out 
D)  switching costs

Question 2

Wal- Mart is an example of a low- cost provider.

Accepted Answer

A) True 
 B)False

Question 3

The business processes that are selected by an organization determine the scope of the organization's____________ .

Accepted Answer

A)  strategy 
B)  margin 
C)  value 
D)  information system 
A)  strategy 
B)  margin 
C)  value 
D)  information system

Question 4

Mercedes will add cost to an activity only as long as that activity has a ____________.

Accepted Answer

The answer of Mercedes will add cost to an activity...

Question 5

What is meant by "competitive advantage"? What are the different ways that IT can be used to gain a competitive advantage?

Accepted Answer

Competitive advantage is a huge topic ar

Question 6

Cost reductions offer a merchant a____________ by allowing her to lower prices to customers.

Accepted Answer

competitiv

Question 7

The ____________consists of both primary and support activities.

Accepted Answer

A)  supply chain 
B)  industry differentiation 
C)  five forces model 
D)  value chain 
A)  supply chain 
B)  industry differentiation 
C)  five forces model 
D)  value chain

Question 8

Process ____________requires people to work in new ways.

Accepted Answer

The answer of Process ____________requires people to work in new...

Question 9

Linda is in the computer repair businesses. Mark and Jill, two recent university graduates are unemployed, but are thinking of doing computer repairs at their homes. This is an example of which of the five forces?

Accepted Answer

A)  rivalry among existing firms 
B)  threat of substitution 
C)  bargaining power of suppliers 
D)  bargaining power of customers 
E)  threat of new entrants 
A)  rivalry among existing firms 
B)  threat of substitution 
C)  bargaining power of suppliers 
D)  bargaining power of customers 
E)  threat of new entrants

Question 10

Porter's five forces included the bargaining power of customers and suppliers, the threat of new entrants, competition among rivals, and ____________.

Accepted Answer

threat of

Question 11

Every stage of the value chain accumulates ____________and adds value to the product.

Accepted Answer

The answer of Every stage of the value chain accumulates...

Question 12

When a firm like AOL offers free anti- spam protection to their customers, they are trying to gain a competitive advantage by____________ their customers.

Accepted Answer

The answer of When a firm like AOL offers free...

Question 13

The characteristics of the industry determine which of the five forces applies.

Accepted Answer

A) True 
 B)False

Question 14

When a company copyrights new programs and products they are trying to gain a competitive advantage by:

Accepted Answer

A)  reducing costs. 
B)  establishing alliances. 
C)  increasing switching costs. 
D)  product differentiation. 
E)  creating barriers to entry. 
A)  reducing costs. 
B)  establishing alliances. 
C)  increasing switching costs. 
D)  product differentiation. 
E)  creating barriers to entry.

Question 15

The bargaining power of high school students is a____________ in music sales.

Accepted Answer

The answer of The bargaining power of high school students...

Question 16

____________are interactions across value activities in Porter's value chain.

Accepted Answer

The answer of ____________are interactions across value activities in Porter's...

Question 17

According to Porter's model, four competitive forces determine industry profitability.

Accepted Answer

A) True 
 B)False

Question 18

The intensity of each of the five forces determines:

Accepted Answer

A)  the bargaining power of the customers. 
B)  how long the company will be in business. 
C)  how high the barrier to entry will be. 
D)  how profitable the industry is. 
A)  the bargaining power of the customers. 
B)  how long the company will be in business. 
C)  how high the barrier to entry will be. 
D)  how profitable the industry is.

Question 19

The basic idea of the digital divide is that:

Accepted Answer

A)  computer memory is divided. 
B)  IT divides people. 
C)  a CPU is divided into different areas for digital processing. 
D)  access to the Internet is limited to rich countries. 
A)  computer memory is divided. 
B)  IT divides people. 
C)  a CPU is divided into different areas for digital processing. 
D)  access to the Internet is limited to rich countries.

Question 20

Dollar tries to have the lowest car rental prices in the nation, an example of____________ .

Accepted Answer

lowest- co

Bob's firm makes it easy for its suppliers to connect and work with his company, thus____________ the supplier.

Wal- Mart is an example of a low- cost provider.

The business processes that are selected by an organization determine the scope of the organization's____________ .

Mercedes will add cost to an activity only as long as that activity has a ____________.

What is meant by "competitive advantage"? What are the different ways that IT can be used to gain a competitive advantage?

Cost reductions offer a merchant a____________ by allowing her to lower prices to customers.

The ____________consists of both primary and support activities.

Process ____________requires people to work in new ways.

Linda is in the computer repair businesses. Mark and Jill, two recent university graduates are unemployed, but are thinking of doing computer repairs at their homes. This is an example of which of the five forces?

Porter's five forces included the bargaining power of customers and suppliers, the threat of new entrants, competition among rivals, and ____________.

Every stage of the value chain accumulates ____________and adds value to the product.

When a firm like AOL offers free anti- spam protection to their customers, they are trying to gain a competitive advantage by____________ their customers.

The characteristics of the industry determine which of the five forces applies.

When a company copyrights new programs and products they are trying to gain a competitive advantage by:

The bargaining power of high school students is a____________ in music sales.

____________are interactions across value activities in Porter's value chain.

According to Porter's model, four competitive forces determine industry profitability.

The intensity of each of the five forces determines:

The basic idea of the digital divide is that:

Dollar tries to have the lowest car rental prices in the nation, an example of____________ .

Mis and You

Information Systems for Collaboration

Hardware and Software

Database Processing

Data Communications

Information Systems Within the Organization

E-Commerce and Supply Chain Systems

Business Intelligence Systems

Systems Development

Information Systems Management

Information Security Management

How the Internet Works

Filters

Exam 3: Is for Competitive Advantage

Bob's firm makes it easy for its suppliers to connect and work with his company, thus____________ the supplier.

Wal- Mart is an example of a low- cost provider.

The business processes that are selected by an organization determine the scope of the organization's____________ .

Mercedes will add cost to an activity only as long as that activity has a ____________.

What is meant by "competitive advantage"? What are the different ways that IT can be used to gain a competitive advantage?

Cost reductions offer a merchant a____________ by allowing her to lower prices to customers.

The ____________consists of both primary and support activities.

Process ____________requires people to work in new ways.

Linda is in the computer repair businesses. Mark and Jill, two recent university graduates are unemployed, but are thinking of doing computer repairs at their homes. This is an example of which of the five forces?

Porter's five forces included the bargaining power of customers and suppliers, the threat of new entrants, competition among rivals, and ____________.

Every stage of the value chain accumulates ____________and adds value to the product.

When a firm like AOL offers free anti- spam protection to their customers, they are trying to gain a competitive advantage by____________ their customers.

The characteristics of the industry determine which of the five forces applies.

When a company copyrights new programs and products they are trying to gain a competitive advantage by:

The bargaining power of high school students is a____________ in music sales.

____________are interactions across value activities in Porter's value chain.

According to Porter's model, four competitive forces determine industry profitability.

The intensity of each of the five forces determines:

The basic idea of the digital divide is that:

Dollar tries to have the lowest car rental prices in the nation, an example of____________ .

Mis and You

Information Systems for Collaboration

Hardware and Software

Database Processing

Data Communications

Information Systems Within the Organization

E-Commerce and Supply Chain Systems

Business Intelligence Systems

Systems Development

Information Systems Management

Information Security Management

How the Internet Works

Filters