Exam 3: Organizational Strategy information Systems and Competitive Advantage

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An organization responds to the structure of its industry by choosing a(n)________ strategy.

(Multiple Choice)
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How can one develop competitive strategies using products? How can information systems help in the process?

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According to Porter's five forces model,a company is profitable if all the five competitive forces are strong.

(True/False)
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The three competitive forces in Porter's model concern the danger of customers taking their business elsewhere.

(True/False)
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In which of the following cases is the strength of competitive forces low?

(Multiple Choice)
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The support activities in the generic value chain facilitate the primary activities and contribute only indirectly to production,sale,and service of the product.

(True/False)
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Manufacturing systems avoid linkages to reduce inventory costs.

(True/False)
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If customers perceive the benefits of a substitute to be similar to that of a product,then ________.

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

(True/False)
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An information system can be part of a product,but it cannot provide support for a product or service.

(True/False)
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If the costs of switching to another vendor are high,then the strength of the competitive forces is low.

(True/False)
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The competitive strategy of an organization determines its ________.

(Multiple Choice)
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Each stage of the value chain not only adds value to the product but also ________.

(Multiple Choice)
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Porter's model includes the bargaining power of which of the following groups as one of the five factors?

(Multiple Choice)
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Establishing alliances with other organizations promotes product awareness.

(True/False)
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Collecting,storing,and physically distributing the product to buyers describes which of the following primary activities?

(Multiple Choice)
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Porter's model of business activities includes linkages,which are interactions across value activities.

(True/False)
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Two strength factors that relate to all three competitive forces are ________ and customer loyalty.

(Multiple Choice)
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Focused differentiation is a strategy in which the product is unique and is used by a wide range of consumers.

(True/False)
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Typically,as an individual,a customer has substantial bargaining power to a large manufacturing industry.

(True/False)
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