Question 1

Each stage of the value chain not only adds value to the product but also ________.

Accepted Answer

A) improves supplier relationships 
B) accumulates costs 
C) devalues the final product 
D) attracts competitors 
A) improves supplier relationships 
B) accumulates costs 
C) devalues the final product 
D) attracts competitors

Question 2

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 3

The competitive strategy followed by an organization is derived from the ________ of its industry.

Accepted Answer

A) function 
B) structure 
C) profits 
D) goals 
A) function 
B) structure 
C) profits 
D) goals

Question 4

Which of the following statements describes a scenario in which the bargaining power of a supplier is strong?

Accepted Answer

A) Competitors have decreased demand for raw materials. 
B) The availability of raw materials is limited. 
C) The supplier has excess inventory. 
D) There are many suppliers providing the same raw materials for comparable prices. 
A) Competitors have decreased demand for raw materials. 
B) The availability of raw materials is limited. 
C) The supplier has excess inventory. 
D) There are many suppliers providing the same raw materials for comparable prices.

Question 5

Which of the following describes suppliers in a position of strong bargaining power?

Accepted Answer

A) coffee planters during a season of frost that decreases production 
B) domestic suppliers of corn in the event of removal of import duties on corn 
C) providers of logistic support when fuel prices have been reduced 
D) temporary part-time gym instructor at a well-known gym 
A) coffee planters during a season of frost that decreases production 
B) domestic suppliers of corn in the event of removal of import duties on corn 
C) providers of logistic support when fuel prices have been reduced 
D) temporary part-time gym instructor at a well-known gym

Question 6

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 7

Porter originally developed the five forces model in order to understand organizations' workforce.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) functions 
B) competitors 
C) strategy 
D) workforce 
A) functions 
B) competitors 
C) strategy 
D) workforce

Question 9

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 10

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

Accepted Answer

A) the control exercised by Acme Corp., which supplies Simpson's with lawn mowers 
B) the power held by the landlord of the Simpson's office space 
C) the threat posed by Roger's Landscapes, a new competitor 
D) the bargaining power of the City Football Club, who are Simpson's customers 
A) the control exercised by Acme Corp., which supplies Simpson's with lawn mowers 
B) the power held by the landlord of the Simpson's office space 
C) the threat posed by Roger's Landscapes, a new competitor 
D) the bargaining power of the City Football Club, who are Simpson's customers

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

If a value chain's margin is negative, the company must reduce the cost of the value chain.

Accepted Answer

A) True 
 B)False

Question 13

Raising barriers to market entry is a product implementation principle.

Accepted Answer

A) True 
 B)False

Question 14

Establishing alliances with other organizations promotes product awareness.

Accepted Answer

A) True 
 B)False

Question 15

Value chain analysis has a direct application to manufacturing businesses.

Accepted Answer

A) True 
 B)False

Question 16

Each value chain is supported by one or more business processes.

Accepted Answer

A) True 
 B)False

Question 17

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 18

According to Porter, the processes and systems in an organization pursuing differentiation strategy must ________ to avoid negative margins.

Accepted Answer

A) create sufficient value to cover their costs 
B) provide products at lowest costs to customers 
C) develop and adopt new technologies 
D) increase procurement 
A) create sufficient value to cover their costs 
B) provide products at lowest costs to customers 
C) develop and adopt new technologies 
D) increase procurement

Question 19

Inbound and outbound logistics are the primary value generators in a service-oriented company.

Accepted Answer

A) True 
 B)False

Question 20

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

Accepted Answer

Some competitive techniques are created

Exam 3: Organizational Strategy, Information Systems

Each stage of the value chain not only adds value to the product but also ________.

Which of the following is true of a value chain?

The competitive strategy followed by an organization is derived from the ________ of its industry.

Which of the following statements describes a scenario in which the bargaining power of a supplier is strong?

Which of the following describes suppliers in a position of strong bargaining power?

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?

Porter originally developed the five forces model in order to understand organizations' workforce.

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

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

Simpson's Lawn Services decides to offer two free mowing services for all customers who booked garden landscaping in the fall.Which of the following forces is Simpson's Lawn Services addressing?

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

If a value chain's margin is negative, the company must reduce the cost of the value chain.

Raising barriers to market entry is a product implementation principle.

Establishing alliances with other organizations promotes product awareness.

Value chain analysis has a direct application to manufacturing businesses.

Each value chain is supported by one or more business processes.

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

According to Porter, the processes and systems in an organization pursuing differentiation strategy must ________ to avoid negative margins.

Inbound and outbound logistics are the primary value generators in a service-oriented company.

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

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

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 Erpsystems

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