Exam 3: Strategy and Information Systems

An automobile company decides to improve the quality of its products and bring more variety into its entire product line. The company has decided to adopt ________.

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

Focused cost leadership is observed when a product has the lowest cost ________.

Creating a new product to increase margin is an example of using product implementations to achieve competitive advantage.

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

Streamtech, a manufacturer of automobiles, recently received a patent for an unmanned search boat. By doing this, Streamtech has ________.

A retail company sells agricultural produce and consumer products. The company procures materials from farmers and local producers. This process is an example of ________.

Cooper, the owner of a small bicycle manufacturing company, is striving to keep his organization running smoothly while remaining profitable in a highly competitive market. Cooper chooses process implementation to give his company a competitive edge over others. Which of the following principles is he most likely to implement?

The streamlining of business processes to increase margin is key to obtaining competitive advantage.

Explain the relation between competitive strategies and information systems.

Explain the concept of business process design.

Which of the following is most likely to change in the next ten years?

Explain linkages with an example.

Launch Cars, a car manufacturing company, has patented its breakthrough technology that reduces pollutant emissions by half. The company is now an active supporter of anti-pollution laws that are likely to diminish the profitability of many other auto makers. Launch Cars is attempting to ________.

Organizations cannot gain a competitive advantage by enhancing existing products or services.

Briefly explain Porter's five forces model.

The total margin of the value chain is the difference between the total value added and the total costs incurred.

FunText is a company that owns an app used for text messaging. It recently offered a six month membership extension to its existing customers without any additional charges. Which competitive strategy is FunText trying to implement in this scenario?

An organization's goals and objectives are determined by its competitive strategy.

Hueblue Software, an application provider to the gaming industry, decided to enhance its portfolio by developing motion-control-enabled games for the mobile gaming industry. In this scenario, which competitive strategy is Hueblue Software implementing?