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Exam (elaborations)

BUSI 2400 C3 With Complete Solutions Latest Update

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  • Busi 2400
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  • Busi 2400

BUSI 2400 C3 With Complete Solutions Latest Update

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  • August 20, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Busi 2400
  • Busi 2400
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BUSI 2400 C3 With Complete Solutions Latest
Update

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

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