Exam 3: Strategy and Information Systems

A furniture manufacturer delivers products to its customers' houses.This is an example of inbound logistics.

An organization is using product implementation to achieve competitive advantage when it tries to reduce operational costs.

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

N-joi Ice Cream was facing competition to their flagship brand of "black currant ice cream".The competitor began offering three varieties of "black currant ice cream." N-joi decided to counter the threat by introducing five new varieties of ice creams.Which competitive strategy is N-joi implementing?

Creating a new product to add value to customers is an example of using product implementations to achieve competitive advantage.

Information systems create competitive advantage by providing support to a product rather than by becoming a part of the product.

Porter's five forces model is used to assess ________.

Most of the value in a service company is generated by the customer service activities rather than operations and sales.

An organization implements an information system to optimize its supply chain.The system helps the organization reduce wastages and inventory charges.Hence, the system provides a competitive advantage to the organization.Here, the information system helped the organization achieve competitive advantage by ________.

In which of the following would rivalry be considered as a weak force affecting the market?

The net result of the difference between the total value added and the total costs incurred is the ________ of the value chain.

A furniture dealer offering a wide variety of designs to premium customers alone is following an industry-wide cost leadership strategy.

Distinguish between the primary and support activities of a value chain.

What is the digital divide?

The bargaining power of grain farmers in a surplus year is an example of a weak market force.

Huen Software, an application provider to the gaming industry, decided to increase its portfolio by developing 3-D graphics-supported games for the mobile gaming industry.By doing this, which competitive strategy is Huen Software implementing?

The automobile industry is characterized by many manufacturers and intense competition among them.This statement refers to ________.

Which of the following value chain activities involves collecting, storing, and physically distributing the product to buyers?

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

Describe the challenges that an organization will face when changing business processes.