Question 1

In which of the following situations would the suppliers have the strongest bargaining power?

Accepted Answer

A) coffee planters during a season of frost that decreases production 
B) companies negotiating compensation during a booming economy 
C) providers of logistic support during an economic slowdown 
D) a wholesaler declaring a stock-clearance sale 
A) coffee planters during a season of frost that decreases production 
B) companies negotiating compensation during a booming economy 
C) providers of logistic support during an economic slowdown 
D) a wholesaler declaring a stock-clearance sale A

Question 2

Explain value chain linkages.

Accepted Answer

Porter's model of business activities includes linkages,which are interactions across value activities.For example,manufacturing systems use linkages to reduce inventory costs.Such a system uses sales forecasts to plan production; it then uses the production plan to determine raw materials needs and then uses the material needs to schedule purchases.The end result is just-in-time inventory,which reduces inventory sizes and costs.

Question 3

The difference between the value that an activity generates and the cost of the activity is called the margin.

Accepted Answer

A) True 
 B)False  True

Question 4

A company uses the outbound logistics activity to deliver the finished product to a customer.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) Human resources 
B) Research and development 
C) Firm infrastructure 
D) Operations management 
A) Human resources 
B) Research and development 
C) Firm infrastructure 
D) Operations management

Question 6

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

Accepted Answer

An organization responds to the structur

Question 7

What is the criterion on which business processes should run?

Accepted Answer

According to Porter,whether business pro

Question 8

Competitive strategy determines an organization's value chain.

Accepted Answer

A) True 
 B)False

Question 9

An organization can choose to either minimize cost or maximize differentiation to gain a competitive advantage.

Accepted Answer

A) True 
 B)False

Question 10

Porter's five competitive forces can be grouped into two types: forces related to ________ and forces related to supply chain bargaining power.

Accepted Answer

A) pricing 
B) labor 
C) competition 
D) consumers 
A) pricing 
B) labor 
C) competition 
D) consumers

Question 11

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 12

Distinguish between a primary and a support activity in the value chain.

Accepted Answer

Primary activities are business function

Question 13

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 14

Describe Porter's five forces model.

Accepted Answer

Organizational strategy begins with an a

Question 15

Which of the following is an example of a competitive strategy employed by a firm?

Accepted Answer

A) increasing the price of its product when raw material prices increase 
B) laying off staff in order to cut down costs during a recession period 
C) advertising its products nationwide like its competitor organizations 
D) launching a unique product targeted at a section of consumers 
A) increasing the price of its product when raw material prices increase 
B) laying off staff in order to cut down costs during a recession period 
C) advertising its products nationwide like its competitor organizations 
D) launching a unique product targeted at a section of consumers

Question 16

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 17

Each stage of the generic value chain accumulates costs and subtracts value from the product.

Accepted Answer

A) True 
 B)False

Question 18

Business processes implement value chains or portions of value chains.

Accepted Answer

A) True 
 B)False

Question 19

Differentiate between value and margin.

Accepted Answer

Porter defined value as the amount of mo

Question 20

Inducing buyers to purchase the product and providing a means for them to do so 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

In which of the following situations would the suppliers have the strongest bargaining power?

Explain value chain linkages.

The difference between the value that an activity generates and the cost of the activity is called the margin.

A company uses the outbound logistics activity to deliver the finished product to a customer.

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

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

What is the criterion on which business processes should run?

Competitive strategy determines an organization's value chain.

An organization can choose to either minimize cost or maximize differentiation to gain a competitive advantage.

Porter's five competitive forces can be grouped into two types: forces related to ________ and forces related to supply chain bargaining power.

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

Distinguish between a primary and a support activity in the value chain.

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

Describe Porter's five forces model.

Which of the following is an example of a competitive strategy employed by a firm?

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

Each stage of the generic value chain accumulates costs and subtracts value from the product.

Business processes implement value chains or portions of value chains.

Differentiate between value and margin.

Inducing buyers to purchase the product and providing a means for them to do so describes which of the following primary activities?

The Importance of Mis

Business Processes information Systems and Information

Hardware and Software

Database Processing

Data Communication and the Cloud

Organizations and Information Systems

Social Media Information Systems

Business Intelligence Systems

Information Systems Development

Information Systems Management

Information Security Management

Collaboration Information Systems for Decision Making, Problem Solving, and Project Management

Collaborative Information Systems for Student Projects

Introduction to Microsoft Excel 2010

Database Design

Using Microsoft Access 2010

Using Excel and Access Together

Mobile Systems

Functional Applications

Enterprise Resource Planning ERP systems

Supply Chain Management

Hyper-Social Organizations and Knowledge Management

Database Marketing

Reporting Systems and OLAP

Geographic Information Systems

Systems Development Project Management

Agile Development

Business Process Management

International Mis

Filters