Question 1

In which of the following cases is the strength of competitive forces low?

Accepted Answer

A) when switching costs are high 
B) when the prices of rival products are relatively high 
C) when customers are not loyal to the existing company or brand 
D) when finding rival products is difficult 
A) when switching costs are high 
B) when the prices of rival products are relatively high 
C) when customers are not loyal to the existing company or brand 
D) when finding rival products is difficult

Question 2

Focused differentiation is a strategy in which a product is unique and is used by a wide range of consumers.

Accepted Answer

A) True 
 B)False

Question 3

A firm introduces a new range of laptops that concentrate on delivering good graphics performance.Which of the following competitive strategies has the firm adopted if these laptops have relatively low prices?

Accepted Answer

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

Question 4

If the price of an alternative is lower than the price of the existing product,and customers perceive similar benefits from both the products,then the ________.

Accepted Answer

A) switching cost is high 
B) price of the product should be increased to retain market share 
C) threat from the substitute is strong 
D) customers' bargaining power decreases 
A) switching cost is high 
B) price of the product should be increased to retain market share 
C) threat from the substitute is strong 
D) customers' bargaining power decreases

Question 5

Which of the following is true if the threat from a substitute is strong?

Accepted Answer

A) Customers are likely to switch to competitors' products. 
B) Competitors' products are of a lower quality. 
C) Competitors are yet to overcome the entry barriers. 
D) Prices of competitors' products are higher. 
A) Customers are likely to switch to competitors' products. 
B) Competitors' products are of a lower quality. 
C) Competitors are yet to overcome the entry barriers. 
D) Prices of competitors' products are higher.

Question 6

Competitive strategy determines an organization's value chain.

Accepted Answer

A) True 
 B)False

Question 7

A business with a differentiation strategy will add cost to an activity only as long as the activity has a positive margin.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is true of supporting activities?

Accepted Answer

A) Their contribution toward a product's value is negligible. 
B) Their contributions to margin can be calculated easily. 
C) Customer service is considered as a supporting activity. 
D) Negotiation of prices is considered as a supporting activity. 
A) Their contribution toward a product's value is negligible. 
B) Their contributions to margin can be calculated easily. 
C) Customer service is considered as a supporting activity. 
D) Negotiation of prices is considered as a supporting activity.

Question 9

In Porter's five forces 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 new projects 
D) employees not working toward organizational goals 
A) suppliers favoring rival companies 
B) customers taking their business elsewhere 
C) investors refusing to back new projects 
D) employees not working toward organizational goals

Question 10

A business that selects a differentiation strategy ________.

Accepted Answer

A) adds cost to an activity,provided it has a positive margin 
B) provides essential functions at lowest costs 
C) imitates rival companies' strategy and products 
D) always tries to price its products' higher than its competitors' products 
A) adds cost to an activity,provided it has a positive margin 
B) provides essential functions at lowest costs 
C) imitates rival companies' strategy and products 
D) always tries to price its products' higher than its competitors' products

Question 11

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 12

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

Accepted Answer

A) True 
 B)False

Question 13

Describe Porter's five forces model.

Accepted Answer

Organizational strategy begins with an a

Question 14

Briefly describe how organizational strategy determines the functions of information systems.

Accepted Answer

Organizations examine the structure of t

Question 15

A manufacturing system uses sales forecasts to plan production.It uses the production plan to determine raw material needs and then uses the material needs to schedule purchases.This ultimately leads to reduced inventory costs.Which of the following is being used to reduce the inventory cost?

Accepted Answer

A) linkages 
B) margins 
C) competitive strategy 
D) support activities 
A) linkages 
B) margins 
C) competitive strategy 
D) support activities

Question 16

Which of the following primary value chain activities induce buyers to purchase a product and provide a means for them to do so?

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

Question 17

Procurement falls under the category of primary activities in a value chain.

Accepted Answer

A) True 
 B)False

Question 18

Organizations analyze the structure of their industry and use that analysis to formulate a competitive strategy.

Accepted Answer

A) True 
 B)False

Question 19

Explain value chain linkages.

Accepted Answer

Porter's model of business activities in

Question 20

Describe the primary activities in a value chain using an example.

Accepted Answer

In a bicycle manufacturing unit,the prim

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

In which of the following cases is the strength of competitive forces low?

Focused differentiation is a strategy in which a product is unique and is used by a wide range of consumers.

A firm introduces a new range of laptops that concentrate on delivering good graphics performance.Which of the following competitive strategies has the firm adopted if these laptops have relatively low prices?

If the price of an alternative is lower than the price of the existing product,and customers perceive similar benefits from both the products,then the ________.

Which of the following is true if the threat from a substitute is strong?

Competitive strategy determines an organization's value chain.

A business with a differentiation strategy will add cost to an activity only as long as the activity has a positive margin.

Which of the following is true of supporting activities?

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

A business that selects a differentiation strategy ________.

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

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

Describe Porter's five forces model.

Briefly describe how organizational strategy determines the functions of information systems.

A manufacturing system uses sales forecasts to plan production.It uses the production plan to determine raw material needs and then uses the material needs to schedule purchases.This ultimately leads to reduced inventory costs.Which of the following is being used to reduce the inventory cost?

Which of the following primary value chain activities induce buyers to purchase a product and provide a means for them to do so?

Procurement falls under the category of primary activities in a value chain.

Organizations analyze the structure of their industry and use that analysis to formulate a competitive strategy.

Explain value chain linkages.

Describe the primary activities in a value chain using an example.

The Importance of MIS

Business Processes, information Systems, and Information

Hardware and Software

Database Processing

The Cloud

Organizations and Information Systems

Social Media Information Systems

Business Intelligence Systems

Information Systems Security

Information Systems Management

Information Systems Development

Collaboration Information Systems for Decision Making problem Solving and Project Management

Collaborative Information Systems for Student Projects

Mobile Systems

Introduction to Microsoft Excel 2013

Database Design

Using Microsoft Access 2013

Using Excel and Access Together

Network and Cloud Technology

Enterprise Resource Planning ERP Systems

Supply Chain Management

Enterprise Social Networks and Knowledge Management

Database Marketing

Reporting Systems and OLAP

Data Breaches

International Mis

Systems Development Project Management

Agile Development

Business Process Management

Filters