Exam 3: Organisational Strategy, Information Systems and Competitive Advantage

Porter defined ________ as the amount of money that a customer is willing to pay for a resource,product,or service.

How does competitive strategy determine value chain structure?

Porter's definition of technology is narrow because it only includes research and development.

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

Competitive strategy determines an organisation's value chain.

________ includes general management,finance,accounting,legal,and government affairs.

Describe Porter's five forces model.

Describe the support activities in a value chain.

The bargaining power of competitors is one of the competitive forces identified by Porter.

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

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

Which of the following is true of new entrants?

Organisations analyse the structure of their industry and use that analysis to formulate a competitive strategy.

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

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

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

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

What is the criterion on which business processes should run?

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

Porter originally developed the five forces model in order to understand organisations' competitive environment.