Question 1

Porter's model includes the bargaining power of which of the following groups as one of the five factors?

Accepted Answer

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

Question 2

How did Porter define technology,human resources and firm infrastructure?

Accepted Answer

Porter defined technology broadly.It inc

Question 3

The three competitive forces,in Porter's model,concern the danger of customers taking their business elsewhere.

Accepted Answer

A) True 
 B)False

Question 4

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

Accepted Answer

A)  margin 
B)  profit 
C)  price 
D)  value 
A)  margin 
B)  profit 
C)  price 
D)  value

Question 5

Distinguish between a primary and a support activity in the value chain.

Accepted Answer

Primary activities are business function

Question 6

As Porter says,the processes and systems in an organization pursuing differentiation must ________.

Accepted Answer

A)  create sufficient value to cover their costs 
B)  provide products at lowest costs to customers 
C)  make it easy for products to be duplicated 
D)  give stiff competition to other similar products 
A)  create sufficient value to cover their costs 
B)  provide products at lowest costs to customers 
C)  make it easy for products to be duplicated 
D)  give stiff competition to other similar products

Question 7

Describe using an example,the primary activities in a value chain.

Accepted Answer

In a bicycle manufacturing unit the prim

Question 8

Organizations gain a competitive advantage by creating new products or services,________ and by differentiating their products and services from those of their competitors.

Accepted Answer

A)  advertising products and services 
B)  imitating existing products and services 
C)  promoting products and services 
D)  enhancing products and services 
A)  advertising products and services 
B)  imitating existing products and services 
C)  promoting products and services 
D)  enhancing products and services

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Firm infrastructure excludes general management,finance,accounting,legal,and government affairs.

Accepted Answer

A) True 
 B)False

Question 11

An organization can choose to either minimize cost or maximize differentiation to gain a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 12

Business processes implement value chains or portions of value chains.

Accepted Answer

A) True 
 B)False

Question 13

Organizations analyze the structure of their industry,and,using that analysis,they formulate a competitive strategy.

Accepted Answer

A) True 
 B)False

Question 14

Inducing buyers to purchase the product and providing a means for them to do so describes which of the following primary activities?

Accepted Answer

A)  inbound logistics 
B)  sales and marketing 
C)  outbound logistics 
D)  operations/management 
A)  inbound logistics 
B)  sales and marketing 
C)  outbound logistics 
D)  operations/management

Question 15

Each stage of the generic value chain accumulates costs and subtracts value from the product.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is a primary activity in the value chain?

Accepted Answer

A)  processes of finding vendors 
B)  setting up contractual arrangements 
C)  negotiating prices 
D)  delivering products to consumers 
A)  processes of finding vendors 
B)  setting up contractual arrangements 
C)  negotiating prices 
D)  delivering products to consumers

Question 17

Porter's five competitive forces can be grouped into two types: forces related to ________ and forces related to supply chain bargaining power.

Accepted Answer

A)  pricing 
B)  labor 
C)  competition 
D)  consumers 
A)  pricing 
B)  labor 
C)  competition 
D)  consumers

Question 18

If a value chain's margin is positive,the company must ________.

Accepted Answer

A)  try to increase the value 
B)  reduce the cost of the value chain 
C)  retain its present practices 
D)  change its present practices 
A)  try to increase the value 
B)  reduce the cost of the value chain 
C)  retain its present practices 
D)  change its present practices

Question 19

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

Accepted Answer

Organizations examine the structure of t

Question 20

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

Accepted Answer

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

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

Porter's model includes the bargaining power of which of the following groups as one of the five factors?

How did Porter define technology,human resources and firm infrastructure?

The three competitive forces,in Porter's model,concern the danger of customers taking their business elsewhere.

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

Distinguish between a primary and a support activity in the value chain.

As Porter says,the processes and systems in an organization pursuing differentiation must ________.

Describe using an example,the primary activities in a value chain.

Organizations gain a competitive advantage by creating new products or services,________ and by differentiating their products and services from those of their competitors.

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

Firm infrastructure excludes general management,finance,accounting,legal,and government affairs.

An organization can choose to either minimize cost or maximize differentiation to gain a competitive advantage.

Business processes implement value chains or portions of value chains.

Organizations analyze the structure of their industry,and,using that analysis,they formulate a competitive strategy.

Inducing buyers to purchase the product and providing a means for them to do so describes which of the following primary activities?

Each stage of the generic value chain accumulates costs and subtracts value from the product.

Which of the following is a primary activity in the value chain?

Porter's five competitive forces can be grouped into two types: forces related to ________ and forces related to supply chain bargaining power.

If a value chain's margin is positive,the company must ________.

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

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

The Importance of MIS

Business Processes, Information, and Information Systems

Hardware and Software

Database Processing

Data Communications

Business Process Management

E-Commerce, Web 2.0, and Social Networking

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Information Systems Management

Information Security Management

Improving Your Collaboration Skills

Using Collaboration Information Systems

Information Systems and Decision Making

Knowledge Management and Expert Systems

Introduction to Microsoft Excel

Preparing a Computer Budget Using Excel

Database Design

Using Microsoft Access 2010

Using Excel and Access Together

Remote, Nomadic, and Mobile Systems

Functional Processes, Applications, and Systems

Enterprise Resource Planning (ERP)Systems

Supply Chain Management

Processing Social Capital: Facebook, Twitter, and User-Generated Content (UGC)

Database Marketing

Reporting Systems and OLAP

Geographic Information Systems

Business Process Management

Systems Development Project Management

Outsourcing

International MIS

Filters