Question 1

The bargaining power of customers is one of the competitive strategies identified by Porter.

Accepted Answer

A) True 
 B)False

Question 2

A network of value -creating activities is called a

Accepted Answer

A) value network. 
B) business strategy. 
C) value chain. 
D) competitive advantage. 
E) primary value activities. 
A) value network. 
B) business strategy. 
C) value chain. 
D) competitive advantage. 
E) primary value activities.

Question 3

Companies want to create_______in order to lock in their customers.

Accepted Answer

The answer of Companies want to create_______in order to lock...

Question 4

Which of the following is the best example of the bargaining power of suppliers?

Accepted Answer

A) The ability of a dominant microprocessor manufacturer to set industry standards and charge premium prices. 
B) The inability for a customer to terminate a supply contract. 
C) The ability of a customer to shop around for suppliers. 
D) The customer's flexibility to switch suppliers at any time. 
E) The ability to negotiate better terms with a commodity producer after a competitive bidding process. 
A) The ability of a dominant microprocessor manufacturer to set industry standards and charge premium prices. 
B) The inability for a customer to terminate a supply contract. 
C) The ability of a customer to shop around for suppliers. 
D) The customer's flexibility to switch suppliers at any time. 
E) The ability to negotiate better terms with a commodity producer after a competitive bidding process.

Question 5

___________are difficult and expensive to enforce.

Accepted Answer

The answer of ___________are difficult and expensive to enforce....

Question 6

The physically assembly of a notebook computer is considered to be

Accepted Answer

A) a support activity in a value chain. 
B) a secondary activity in a value chain. 
C) a value adding activity in a value chain. 
D) a primary activity in a value chain. 
E) a production activity in a value chain. 
A) a support activity in a value chain. 
B) a secondary activity in a value chain. 
C) a value adding activity in a value chain. 
D) a primary activity in a value chain. 
E) a production activity in a value chain.

Question 7

Sales and service would be examples of supporting activities in Porter's value chain model.

Accepted Answer

A) True 
 B)False

Question 8

Information systems can change industry structure by

Accepted Answer

A) using technologies that have become commodities. 
B) using competitive strategies. 
C) using the Internet. 
D) using sustaining technologies. 
E) using disruptive technologies. 
A) using technologies that have become commodities. 
B) using competitive strategies. 
C) using the Internet. 
D) using sustaining technologies. 
E) using disruptive technologies.

Question 9

The increasing reliance on the web for information has created a(n)_________  between those who have Internet access and those who do not.

Accepted Answer

The answer of The increasing reliance on the web for...

Question 10

What is a value chain?

Accepted Answer

A value chain is a network of

Question 11

If I use my time in school to create new skills,enhance the ones I have,and differentiate my skills from others,I am developing my __________.

Accepted Answer

competitiv

Question 12

The network of activities that improve the effectiveness of a good or service is called

Accepted Answer

A) a value chain. 
B) a value web. 
C) a supplier network. 
D) a supply chain. 
E) competitive strategies. 
A) a value chain. 
B) a value web. 
C) a supplier network. 
D) a supply chain. 
E) competitive strategies.

Question 13

Which of the following can be best described as a disruptive technology?

Accepted Answer

A) Vulcanized rubber tires 
B) Digital music players 
C) Portable computers 
D) Liquid Crystal Displays 
E) Compact Discs 
A) Vulcanized rubber tires 
B) Digital music players 
C) Portable computers 
D) Liquid Crystal Displays 
E) Compact Discs

Question 14

An innovative shipping information system for Canada Shipping helps to_________   its package delivery service from competitors that do not have a similar system.

Accepted Answer

The answer of An innovative shipping information system for Canada...

Question 15

Disruptive technologies introduce a very new package of attributes to the accepted mainstream products.

Accepted Answer

A) True 
 B)False

Question 16

The productivity paradox suggests IT investments do not create business value.

Accepted Answer

A) True 
 B)False

Question 17

A primary activity in a value chain is best described as

Accepted Answer

A) an activity that requires the use of information systems. 
B) an activity which value is directly added to a product. 
C) the first activity in which value is created. 
D) an activity that uses only raw materials. 
E) an activity that involves customer service and sales. 
A) an activity that requires the use of information systems. 
B) an activity which value is directly added to a product. 
C) the first activity in which value is created. 
D) an activity that uses only raw materials. 
E) an activity that involves customer service and sales.

Question 18

If I show a prospective employer that I have a unique set of skills that are especially suited to the job opening that they have,I am demonstrating that I have a(n)_________  over other candidates.

Accepted Answer

competitiv

Question 19

A(n)_________chain is a network of activities that improve the effectiveness of a good or service.

Accepted Answer

The answer of A(n)_________chain is a network of activities that...

Question 20

"Doing the right things" refers to

Accepted Answer

A) effectiveness. 
B) social responsibility. 
C) efficiency. 
D) sustainability. 
E) improved quality. 
A) effectiveness. 
B) social responsibility. 
C) efficiency. 
D) sustainability. 
E) improved quality.

The bargaining power of customers is one of the competitive strategies identified by Porter.

A network of value -creating activities is called a

Companies want to create_______in order to lock in their customers.

Which of the following is the best example of the bargaining power of suppliers?

___________are difficult and expensive to enforce.

The physically assembly of a notebook computer is considered to be

Sales and service would be examples of supporting activities in Porter's value chain model.

Information systems can change industry structure by

The increasing reliance on the web for information has created a(n)_________ between those who have Internet access and those who do not.

What is a value chain?

If I use my time in school to create new skills,enhance the ones I have,and differentiate my skills from others,I am developing my __________.

The network of activities that improve the effectiveness of a good or service is called

Which of the following can be best described as a disruptive technology?

An innovative shipping information system for Canada Shipping helps to_________ its package delivery service from competitors that do not have a similar system.

Disruptive technologies introduce a very new package of attributes to the accepted mainstream products.

The productivity paradox suggests IT investments do not create business value.

A primary activity in a value chain is best described as

If I show a prospective employer that I have a unique set of skills that are especially suited to the job opening that they have,I am demonstrating that I have a(n)_________ over other candidates.

A(n)_________chain is a network of activities that improve the effectiveness of a good or service.

"Doing the right things" refers to

Is in the Life of Business Professionals

Business Processes, Information, and Information Systems

Extensions S: Using Collaboration Information Systems

Hardware and Software

Database Processing

Extensions A: Introduction to Microsoft Excel

Extensions B: Introduction to Microsoft Excel

Data Communications

Business Process Management

E-Commerce and Web 2.0

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Extensions A: How the Internet Works

Information Systems Management

Information Security Management

Filters

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

The bargaining power of customers is one of the competitive strategies identified by Porter.

A network of value -creating activities is called a

Companies want to create_______in order to lock in their customers.

Which of the following is the best example of the bargaining power of suppliers?

___________are difficult and expensive to enforce.

The physically assembly of a notebook computer is considered to be

Sales and service would be examples of supporting activities in Porter's value chain model.

Information systems can change industry structure by

The increasing reliance on the web for information has created a(n)_________ between those who have Internet access and those who do not.

What is a value chain?

If I use my time in school to create new skills,enhance the ones I have,and differentiate my skills from others,I am developing my __________.

The network of activities that improve the effectiveness of a good or service is called

Which of the following can be best described as a disruptive technology?

An innovative shipping information system for Canada Shipping helps to_________ its package delivery service from competitors that do not have a similar system.

Disruptive technologies introduce a very new package of attributes to the accepted mainstream products.

The productivity paradox suggests IT investments do not create business value.

A primary activity in a value chain is best described as

If I show a prospective employer that I have a unique set of skills that are especially suited to the job opening that they have,I am demonstrating that I have a(n)_________ over other candidates.

A(n)_________chain is a network of activities that improve the effectiveness of a good or service.

"Doing the right things" refers to

Is in the Life of Business Professionals

Business Processes, Information, and Information Systems

Extensions S: Using Collaboration Information Systems

Hardware and Software

Database Processing

Extensions A: Introduction to Microsoft Excel

Extensions B: Introduction to Microsoft Excel

Data Communications

Business Process Management

E-Commerce and Web 2.0

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Extensions A: How the Internet Works

Information Systems Management

Information Security Management

Filters