Exam (elaborations)
BUSI 2400 C3 With Complete Solutions Latest Update
- Course
- Institution
BUSI 2400 C3 With Complete Solutions Latest Update
[Show more]
Content preview
BUSI 2400 C3 With Complete Solutions LatestUpdate
Primary activities are activities where value is added directly to the product. (T/F) -
ANS T
The increasing reliance on the web for information has created a digital divide
between those who have Internet access and those who do not. (T/F) - ANS T
Threat of government regulation is one of the five forces in Porter's model. (T/F) -
ANS F
Sustaining technologies are changes in technology that maintain the rate of
improvement in customer value. (T/F) - ANS T
Disruptive technologies introduce a very new package of attributes to the
accepted mainstream products. (T/F) - ANS T
An organization responds to the structure of its industry by choosing a competitive
strategy. (T/F) - ANS T
The productivity paradox suggests IT investments do not create business value.
(T/F) - ANS T
,A value chain is a network of activities that improve the effectiveness of a good or
service. (T/F) - ANS T
Porter's concept of a value chain is crucial for developing a competitive strategy.
(T/F) - ANS F
As defined by Porter, a value chain is a network of value-creating activities. (T/F) -
ANS T
Sales and service would be examples of supporting activities in Porter's value chain
model. (T/F) - ANS F
Accounting functions like accounts receivables would be an example of a
supporting activity in Porter's value chain model. (T/F) - ANS T
An organization's goals and objectives are determined by the structure of its value
chain.
(T/F) - ANS F
One way of assessing the structure of the adventure travel industry is to apply
Porter's five forces model. - ANS T
In a large city, the threat of new entrants for the sandwich shop business is
probably high. - ANS T
, Among its suppliers, Walmart is famous for not having much bargaining power.
(T/F) - ANS F
Porter identified five fundamental competitive strategies. (T/F) - ANS F
According to Porter's model, four competitive forces determine industry
profitability. (T/F) - ANS F
The bargaining power of customers is one of the competitive forces identified by
Porter. (T/F) - ANS T
The bargaining power of customers is one of the competitive strategies identified
by Porter. (T/F) - ANS F
Some competitive advantages are less sustainable than others. (T/F) - ANS T
The systems chosen to support a particular competitive strategy may be evaluated
according to the support they give that strategy. (T/F) - ANS T
A call centre used for customer service would be an example of a support activity
in the value chain. (T/F) - ANS F
In Porter's five forces model, the linkages depict how competitive forces are
deployed in an organization. (T/F) - ANS F
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Schoolflix. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
85169 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now