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

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

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What is a value chain? List the primary activities in a value chain.

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If the costs of switching to another vendor are high,then the strength of the competitive forces is low.

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Information systems can be a part of products.

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

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Value chains exist in service-oriented companies.

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

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A firm introduces a new range of laptops that concentrate on delivering good graphics performance.Which of the following competitive strategies has the firm adopted if these laptops have relatively low prices?

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Differentiate between value and margin.

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Which of the following is a process implementation principle of competitive advantage?

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Which of the following primary value chain activities induce buyers to purchase a product and provide a means for them to do so?

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Which of the following is least likely to be an outcome of organizations forming alliances with each other?

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Which of the following is a product implementation principle of competitive advantage?

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According to Porter's five forces model,a company is profitable if all the five competitive forces are strong.

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Which of the following primary activities describes collecting,storing,and physically distributing products to buyers?

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

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

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Manufacturing systems avoid linkages to reduce inventory costs.

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Explain value chain linkages.

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

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