Question 1

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

Accepted Answer

A value chain is a network of value-crea

Question 2

Which of the following strategies is also called establishing high switching costs?

Accepted Answer

A)  establishing alliances 
B)  locking in suppliers 
C)  reducing costs 
D)  locking in customers 
A)  establishing alliances 
B)  locking in suppliers 
C)  reducing costs 
D)  locking in customers

Question 3

According to Porter,to be effective the organization's goals,objectives,culture,and activities must be consistent with the organization's strategy

Accepted Answer

A) True 
 B)False

Question 4

If customers perceive the benefits of a substitute to be similar to that of a product then ________.

Accepted Answer

A)  the threat of the substitute is weak 
B)  the price should be increased to retain market 
C)  the threat from the substitute is strong 
D)  there is no threat from the substitute 
A)  the threat of the substitute is weak 
B)  the price should be increased to retain market 
C)  the threat from the substitute is strong 
D)  there is no threat from the substitute

Question 5

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

Accepted Answer

A)  promotion of product awareness 
B)  development of market size 
C)  reduction in purchasing costs 
D)  increase in mutual competitiveness 
A)  promotion of product awareness 
B)  development of market size 
C)  reduction in purchasing costs 
D)  increase in mutual competitiveness

Question 6

In Porter's five factor model, each of the three competitive forces concerns the danger of ________.

Accepted Answer

A)  suppliers favoring rival companies 
B)  customers taking their business elsewhere 
C)  investors refusing to back up new projects 
D)  employees not working towards organizational goals. 
A)  suppliers favoring rival companies 
B)  customers taking their business elsewhere 
C)  investors refusing to back up new projects 
D)  employees not working towards organizational goals.

Question 7

Explain value chain linkages.

Accepted Answer

Porter's model of business activities in

Question 8

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

Accepted Answer

A)  creating a new product 
B)  enhancing a product 
C)  establishing alliances 
D)  differentiating a product 
A)  creating a new product 
B)  enhancing a product 
C)  establishing alliances 
D)  differentiating a product

Question 9

If the value chain's margin is negative,the company must make some change.

Accepted Answer

A) True 
 B)False

Question 10

The strength of bargaining power forces does not depend on the availability of substitutes

Accepted Answer

A) True 
 B)False

Question 11

Establishing alliances with other organizations promotes product awareness.

Accepted Answer

A) True 
 B)False

Question 12

If the costs of switching to another vendor are high,then the strength of the competitive forces is low.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is true of a value-chain?

Accepted Answer

A)  It is a network of value-creating activities. 
B)  It consists of only primary activities. 
C)  It is specific to manufacturing industries. 
D)  It nullifies the importance of support activities. 
A)  It is a network of value-creating activities. 
B)  It consists of only primary activities. 
C)  It is specific to manufacturing industries. 
D)  It nullifies the importance of support activities.

Question 14

Manufacturing systems use ________ to reduce inventory costs.

Accepted Answer

A)  linkages 
B)  margins 
C)  value chains 
D)  support activities 
A)  linkages 
B)  margins 
C)  value chains 
D)  support activities

Question 15

Support activities are business functions that relate directly to the production of the organization's products or services.

Accepted Answer

A) True 
 B)False

Question 16

How can one develop competitive strategies using products? How can information systems help in the process?

Accepted Answer

Some competitive techniques are created

Question 17

An information system can be part of a product but it cannot provide support for a product or service

Accepted Answer

A) True 
 B)False

Question 18

If a company produces a uniquely formulated anti-ageing face cream targeted at women above the age of forty,which of the following competitive strategies is it following?

Accepted Answer

A)  industry-wide low cost 
B)  industry-wide differentiation 
C)  focused low cost 
D)  focused differentiation 
A)  industry-wide low cost 
B)  industry-wide differentiation 
C)  focused low cost 
D)  focused differentiation

Question 19

Manufacturing systems avoid linkages to reduce inventory costs.

Accepted Answer

A) True 
 B)False

Question 20

Collecting,storing,and physically distributing the product to buyers describes which of the following primary activities?

Accepted Answer

A)  inbound logistics 
B)  sales and marketing 
C)  outbound logistics 
D)  operations/management 
A)  inbound logistics 
B)  sales and marketing 
C)  outbound logistics 
D)  operations/management

Exam 3: Organizational Strategy, Information Systems, and Competitive Advantage

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

Which of the following strategies is also called establishing high switching costs?

According to Porter,to be effective the organization's goals,objectives,culture,and activities must be consistent with the organization's strategy

If customers perceive the benefits of a substitute to be similar to that of a product then ________.

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

In Porter's five factor model, each of the three competitive forces concerns the danger of ________.

Explain value chain linkages.

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

If the value chain's margin is negative,the company must make some change.

The strength of bargaining power forces does not depend on the availability of substitutes

Establishing alliances with other organizations promotes product awareness.

If the costs of switching to another vendor are high,then the strength of the competitive forces is low.

Which of the following is true of a value-chain?

Manufacturing systems use ________ to reduce inventory costs.

Support activities are business functions that relate directly to the production of the organization's products or services.

How can one develop competitive strategies using products? How can information systems help in the process?

An information system can be part of a product but it cannot provide support for a product or service

If a company produces a uniquely formulated anti-ageing face cream targeted at women above the age of forty,which of the following competitive strategies is it following?

Manufacturing systems avoid linkages to reduce inventory costs.

Collecting,storing,and physically distributing the product to buyers describes which of the following primary activities?

The Importance of MIS

Business Processes, Information, and Information Systems

Hardware and Software

Database Processing

Data Communications

Business Process Management

E-Commerce, Web 2.0, and Social Networking

Business Intelligence and Information Systems for Decision Making

Information Systems Development

Information Systems Management

Information Security Management

Improving Your Collaboration Skills

Using Collaboration Information Systems

Information Systems and Decision Making

Knowledge Management and Expert Systems

Introduction to Microsoft Excel

Preparing a Computer Budget Using Excel

Database Design

Using Microsoft Access 2010

Using Excel and Access Together

Remote, Nomadic, and Mobile Systems

Functional Processes, Applications, and Systems

Enterprise Resource Planning (ERP)Systems

Supply Chain Management

Processing Social Capital: Facebook, Twitter, and User-Generated Content (UGC)

Database Marketing

Reporting Systems and OLAP

Geographic Information Systems

Business Process Management

Systems Development Project Management

Outsourcing

International MIS

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