which of the following is defined as the ability of customers _ complete solution
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Which of the following is defined as the ability of customers | Complete SolutionWhich of the following is defined as the ability of customers | Complete SolutionQuestion 1 1 / 1 pointWhich of the following is defined as the ability of customers to drive down the price of goods and services?A) supplier powerB) buyer power or the bargaining power of customersC) rivalry among competitorsD) threat of price reductionView Feedback Question 2 1 / 1 pointAre there any direct variables that have no effect on a business’ competitive position?A) yesB) NoView Feedback Question 3 1 / 1 pointWhich of the following are components of an information system? (select all that apply)A) dataB) hardwareC) peopleD) processE) softwareView Feedback Question 4 1 / 1 pointAccording to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company’s standing in an industry, except for which one?A) Threat of entry of new competitorsB) Political and/or economic factorsC) Bargaining power of suppliersD) Threat of substitute products/servicesView Feedback Question 5 1 / 1 pointTrue or false: Early research could not drawany connections between IT and profitability, but later research has shown that the impact can be positive.TrueFalseView Feedback Question 6 1 / 1 pointWeb 2.0 is exemplified by which of the following? (select all that apply)A) bloggingB) online purchasingC) social networkingD) interactive commentsView Feedback Question 7 1 / 1 pointIn a business like Walmart, which of the following groups of variables has the most impact on their competitive position?A) customers, suppliers, government regulations, location B) suppliers, customers, location, employeesC) location, environmental concerns, suppliers, technologyD) suppliers, location, technology, competitionView Feedback Question 8 1 / 1 pointWhich use of the Internet could have a negative impact on a company’s competitive position?A) allowing potential customers to learn about the company’s products and servicesB) providing an easy method to facilitate product orders to flow to the suppliersC) allowing potential customers to find possible substitute productsD) allowing a company to monitor patent infringement by other companiesView Feedback Question 9 1 / 1 pointOf the following, which factor is least crucial to the ability of a company to maintain its competitive position?A) emerging new technologies that create new products or create efficienciesB) patent infringementsC) employees’ benefitsD) new international marketsView Feedback Question 10 1 / 1 pointWhich of the following is defined as a series of activities undertaken by the company to produce a product or service?business processesvalue chainstrategic directioncompetitive advantageView Feedback Question 11 1 / 1 pointWhich of the following statements are true of Decision Support Systems (DSS)? (select all that apply)A) A decision support system (DSS) is an information system built to help an organization make a specific decision or set of decisions.B) DSSs are used only at the executive level and are used to make all strategic decisions.C) DSSs are designed to take inputs regarding a known (or partially-known) decision-making process and provide the information necessary to make a decision.D) DSSs can exist at different levels of decision-making with the organization, from the CEO to the first-level managers.View Feedback Question 12 1 / 1 pointWhich of the following groups of variables are all direct variables?A) customers, suppliers, government regulations, technologyB) supplTRANSCRIPT
10/30/2015 TheAceStudent: Which of the following is defined as the ability of customers | Complete Solution
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Which of the following is defined as the ability of customers | Complete Solution
Question 1 1 / 1 pointWhich of the following is defined as the ability of customers to drive down the price of goods andservices?A) supplier powerB) buyer power or the bargaining power of customersC) rivalry among competitorsD) threat of price reductionView Feedback Question 2 1 / 1 pointAre there any direct variables that have no effect on a business’ competitive position?A) yesB) NoView Feedback Question 3 1 / 1 pointWhich of the following are components of an information system? (select all that apply)A) dataB) hardwareC) peopleD) processE) softwareView Feedback Question 4 1 / 1 pointAccording to the Five Forces Model developed by Harvard Business professor Michael Porter, all ofthe following are major factors that determine a company’s standing in an industry, except for whichone?A) Threat of entry of new competitorsB) Political and/or economic factorsC) Bargaining power of suppliersD) Threat of substitute products/servicesView Feedback Question 5 1 / 1 pointTrue or false: Early research could not drawany connections between IT and profitability, but later research has shown that the impact can bepositive.TrueFalseView Feedback Question 6 1 / 1 pointWeb 2.0 is exemplified by which of the following? (select all that apply)A) bloggingB) online purchasing
Which of the following is defined as the ability of customers |Complete Solution
10/30/2015 TheAceStudent: Which of the following is defined as the ability of customers | Complete Solution
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C) social networkingD) interactive commentsView Feedback Question 7 1 / 1 pointIn a business like Walmart, which of the following groups of variables has the most impact on theircompetitive position?A) customers, suppliers, government regulations, location B) suppliers, customers, location, employeesC) location, environmental concerns, suppliers, technologyD) suppliers, location, technology, competitionView Feedback Question 8 1 / 1 pointWhich use of the Internet could have a negative impact on a company’s competitive position?A) allowing potential customers to learn about the company’s products and servicesB) providing an easy method to facilitate product orders to flow to the suppliersC) allowing potential customers to find possible substitute productsD) allowing a company to monitor patent infringement by other companiesView Feedback Question 9 1 / 1 pointOf the following, which factor is least crucial to the ability of a company to maintain its competitiveposition?A) emerging new technologies that create new products or create efficienciesB) patent infringementsC) employees’ benefitsD) new international marketsView Feedback Question 10 1 / 1 pointWhich of the following is defined as a series of activities undertaken by the company to produce aproduct or service?business processesvalue chainstrategic directioncompetitive advantageView Feedback Question 11 1 / 1 pointWhich of the following statements are true of Decision Support Systems (DSS)? (select all thatapply)A) A decision support system (DSS) is an information system built to help an organization makea specific decision or set of decisions.B) DSSs are used only at the executive level and are used to make all strategic decisions.C) DSSs are designed to take inputs regarding a known (or partiallyknown) decisionmakingprocess and provide the information necessary to make a decision.D) DSSs can exist at different levels of decisionmaking with the organization, from the CEO tothe firstlevel managers.View Feedback Question 12 1 / 1 pointWhich of the following groups of variables are all direct variables?
10/30/2015 TheAceStudent: Which of the following is defined as the ability of customers | Complete Solution
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A) customers, suppliers, government regulations, technologyB) suppliers, time, politics, owners.C) supplier, customers, employees, locationD) employees, location, technology, organizational componentsView Feedback Question 13 1 / 1 pointStrategic issues related to business processes and the value chain are addressed at whichorganizational level?corporate levelbusiness unit levelfunctional levelstrategic levelView Feedback Question 14 1 / 1 pointWhich of the following are the two primarymethods for obtaining competitive advantage described by Michael Porter? (select the two thatapply)A) advantage of bringing new products to marketB) cost advantageC) differentiation advantageD) value chain creationView Feedback Question 15 1 / 1 pointHighly qualified vendors, consultants, and ITdepartments are the most important elements for the successful implementation of enterprisetechnologies.TrueFalseView Feedback Question 16 1 / 1 pointWhich of the following are Porter’s three generic strategies? (select all that apply)A) cost leadershipB) differentiationC) focusD) competitive advantageView Feedback Question 17 1 / 1 pointWhich of the following is exemplified by customers finding a different way to get the product orservice?A) customer disloyaltyB) threat of substitute product or servicesC) rivalry among competitorsD) barriers to entryView Feedback Question 18 1 / 1 pointTrue or False: According to Michael Porter, the Internet has the effect of lowering overallprofitability.True
10/30/2015 TheAceStudent: Which of the following is defined as the ability of customers | Complete Solution
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FalseView Feedback Question 19 1 / 1 pointA strategic information system is one that attempts to do one or more of the following: (select allthat apply)A) help an organization focus on a specific market segmentB) deliver a product or a service at a lower costC) enable innovationD) deliver a product or service that is differentiatedView Feedback Question 20 1 / 1 pointTrue or False: The data show that IT has reduced the differences among companies.TrueFalse
Which of the following is defined as the ability of customers | Complete Solution