Exam 2: Organizational Strategy, Competitive Advantage, and Information Systems

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Which strategy for competitive advantage involves offering different products, services, or product features?

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The introduction of ATM machines by Citibank was a classic example of which strategy for competitive advantage?

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The overall performance of an organization has little to do with how well it manages its business processes.

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BPM is an implementation of BPR.

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_____ activities create value for which customers are willing to pay, whereas _____ activities do not add value directly to the firm's products or services.

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The Internet increases traditional barriers to entry into a market.

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Differentiate between primary activities and support activities in Porter's value chain model.

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E-Commerce is the process of buying, selling, transferring, or exchanging products, services, or information via computer networks, including the Internet.

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Which of the following processes involves the warehouse, purchasing, and accounting functional areas?

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Reconciling bank accounts is an example of a(n):

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____________ pressures are generated by the global economy, intense competition, the changing nature of the workforce, and powerful customers.

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The digital divide is an example of which type of societal pressure?

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Cross-functional business processes:

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What are switching costs, and why would a company care about them?

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In general, government deregulation decreases competition.

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Porter's value chain model is a variation of his competitive advantage framework.

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___________ is a website where potential donors can decide where their money can be directed, stating whether it goes to a particular disaster relief fund.

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Explain how changes in social responsibility, government regulation/deregulation, social programs, protection against terrorism, and ethics put pressure on modern businesses.

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The initial goal of business process management is ____________________.

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Which strategy for competitive advantage involves introducing new products and putting new features in existing products?

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