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

The best-known framework for analyzing competitiveness is ________'s competitive forces model.

In September 2014, NASCAR implemented an app from _________ to perform prerace inspections.

Which of the following has the strategy "I can sell at a lower price than you can"?

NASCAR officials can spot trends and patterns with their new app to help make the races fair for everyone.

Chevron identified their desired outputs and then worked backward by examining the supporting processes. They used a holistic approach that led the company to examine the interdependencies among processes used in different business units. This is a _________ approach.

Threat of substitute products or services refers to companies _________ the industry; rivalry refers to companies _________ the industry.

The web has changed the nature of competition but has not changed Porter's five fundamental forces.

_________ is an example of a primary activity for most firms.

Efficiency focuses on high quality products.

The rise of on-demand entertainment has resulted in drastically reduced revenues for organizations such as the NFL, NBA, NHL, and MLB.

What is business-IT alignment and why would an organization want to pursue it? What makes alignment so difficult? Thinking about your college or university, does the IT department have a good reputation? Do you think there is a strong alignment between IT and the professors?

Bank of America set up a _________ cloud after the financial crisis of 2007-2008.

Compliance with government regulations is a _________ pressure.

_________ is the result of optimizing each individuals' work processes.

_________ is the result of optimizing the design, development, and production processes.

_________ is NOT a benefit of the NASCAR app.

You have to offer online banking if you want to operate a bank. This is a(n) ________.

Which of the following increases supplier power?

_________ is the result of optimizing operations and supplier processes.

Which of the following reduces buyer power?