Exam 3: Strategy and Information Systems

In a manufacturing business, the materials ordering process transforms cash into a raw materials inventory.

Which of the following statements is consistent with the central idea of business process design?

A retail marketing company sells such products as agricultural produce and consumer products.The company procures materials from farmers and local producers.This process of obtaining the inputs needed for a business is called ________.

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

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

Which of the following value chain activities involves assisting users to handle the product after sale, thus maintaining and enhancing the product's value?

Which of the following principles of competitive advantage is associated with product implementations?

A(n)________ is a collection of something, such as data and raw materials.

The competitive strategy of locking in customers is called establishing high switching costs.

What are the four competitive strategies firms can choose from according to Porter's model?

List the primary activities in a generic value chain.

July Networks provides digital television services across the country.They have a cutting-edge technology that provides high-resolution visuals.Customers are required to pay an up-front fee to cover the first two years of the subscription, when registering with July Networks.By doing this, which competitive strategy is July Networks implementing?

Locking in customers by making it difficult or expensive for customers to move to another product is called establishing high ________.

An inventory of raw materials is an example of a repository.

Which of the following factors determines the structure, features, and functions of the information system used in a company?

In which of the following situations would the bargaining power of suppliers be highest?

According to Porter's model of business activities, interactions across value activities are called ________.

According to Porter's five forces model, which of the following would be most affected by the threat of substitutes?

Outbound logistics refer to transforming inputs into the final product.

The sales process involves sales and marketing as well as outbound logistics activities.