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

Streamtech, a manufacturer of automobiles, recently received a patent for an unmanned search boat. By doing this, Streamtech has ________.

Providing the lowest cost for a product or service across an industry can be referred to as focused cost-leadership.

The central idea of business process design is that organizations should automate or improve their existing functional systems.

Lynn, the manager of a transportation company, is goes through the week's delivery schedule. She calls her team and assigns territories for each executive. She contacts the fleet supervisor to arrange trucks for transportation. Which activity of the value chain is Lynn executing?

Organizations can lock in customers by making it difficult or expensive for them to move to another product.

A furniture dealer offering a wide variety of designs to premium customers exclusively is following an industry-wide cost leadership strategy.

According to Porter's five forces model, in which of the following situations would a supplier have the highest bargaining power?

To determine if an information system delivers net savings in costs, the cost of developing and operating the information system will need to be offset against the gains in reduced errors and paper, ink, and printing costs.

FunText is a company that owns an app used for text messaging. It recently offered a membership extension of six months without any additional charges to its existing customers who had registered for a three-year membership. By doing this, which competitive strategy did FunText implement?

Dynotrix Motors is a large car-manufacturing company. The company purchases raw materials from many small-sized sellers across the globe. In this case, Dynotrix Motors is characterized by ________.

List the primary activities in a generic value chain.

A database is an example of a ________.

A group of shoe manufacturing firms purchases raw materials collectively from a single supplier to obtain better deals. This is an example of obtaining competitive advantage by ________.

Hueblue Software, an application provider to the gaming industry, decided to increase its portfolio by developing motion-control-enabled games for the mobile gaming industry. In this scenario, which competitive strategy is Hueblue Software implementing?

The competitive strategy of locking in customers by making it difficult for them to move to another product is called establishing high switching costs.

Material ordering is a part of ________.

Porter defined value as the ________.

Which of the following principles of competitive advantage is related to process implementations?

Establishing alliances with other organizations increases the cost of operations, though they do provide competitive advantages.

A linkage is a network of activities that generate value by transforming inputs into outputs.