Exam 3: Strategy and Information Systems

Which of the following employees performs a support activity in the value chain?

Neil creates an application which facilitates the easy storage and access of employee information like name, age, experience, and qualification for his organization. The application is an example of a(n)________.

Explain linkages with an example.

Cassandra runs a downtown boutique that sells customized clothes. One of her customers wishes to purchase a trench coat with a bejeweled clip. Cassandra contacts "Gems and Stones" and places an order for the clip. This activity can be classified under ________.

Which of the following defines a repository?

The streamlining of business processes to increase margin is key to obtaining competitive advantage.

The automobile industry is characterized by many manufacturers and intense competition among them. According to Porter's five forces model, this statement illustrates ________.

I-scream-4 Ice Cream recently faced competition against their flagship brand of "Orange peel ice cream." A competitor made significant in-roads into the market by offering three varieties of "Orange peel ice cream." I-scream-4 Ice Cream decided to counter this threat by introducing five new varieties of ice creams. Which competitive strategy is I-scream-4 Ice Cream implementing?

Define the primary activities in a generic value chain.

Porter defined value as the ________.

Which of the following value chain activities involves inducing buyers to purchase a product and providing a means for them to do so?

Briefly explain Porter's five forces model.

Explain the relation between competitive strategies and information systems.

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

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

Cooper, the owner of a small bicycle manufacturing company, is striving to keep his organization running smoothly while remaining profitable in a highly competitive market. Cooper chooses process implementation to give his company a competitive edge over others. Which of the following principles is he most likely to implement?

Launch Cars, a car manufacturing company, has patented its breakthrough technology that reduces pollutant emission by half. The company is now an active supporter of anti-pollution laws that are likely to diminish the profitability of many other auto makers. Launch Cars is attempting to ________.

Madison, the project manager of a sports apparel company, estimates that the demand for jogging shoes is likely to decline in the coming months. He advises the procurement department to order raw material accordingly to ensure minimum wastage. This intercommunication that facilitates smooth operations is called ________.

Jason's Burgers, a famous diner, recently started taking orders online to reduce the customer wait time. This arrangement was perfect for busy office workers who frequented the place, and the sales went up considerably. Jason's Burgers attempted to ________.

According to Porter's four competitive strategy model, what are the four competitive strategies from which firms can choose?