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

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What is the criterion on which business processes should run?

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

(Multiple Choice)
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Value chain analysis has a direct application to manufacturing businesses.

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The strength of bargaining power forces does not depend on the availability of substitutes.

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The strength of bargaining power depends on the availability of substitutes and ________ compared to the size of suppliers or customers.

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Two companies with the same value chain activities will have the same business processes.

(True/False)
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Supporting activities are easier to calculate than primary activities.

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Which of the following competitive strategies does a company follow if it produces a uniquely formulated anti-ageing face cream targeted at women above the age of forty?

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If a value chain's margin is negative,the company must make some change.

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A company uses the outbound logistics activity to deliver the finished product to a customer.

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Receiving,storing,and disseminating inputs to a product is an operations function.

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Which of the following statements describes a scenario in which the bargaining power of a supplier is strong?

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

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

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

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Which of the following is true of supporting activities?

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Each value chain is supported by one or more business processes.

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Typically,as an individual,a customer has substantial bargaining power over a large manufacturing industry.

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A manufacturing system uses sales forecasts to plan production.It uses the production plan to determine raw material needs and then uses the material needs to schedule purchases.This ultimately leads to reduced inventory costs.Which of the following is being used to reduce the inventory cost?

(Multiple Choice)
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Organizations analyze the structure of their industry and use that analysis to formulate a competitive strategy.

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