Porters 5 forces are - Study guides, Class notes & Summaries

ISA 235 Final Exam Gowins Questions With Verified Answers Data - answerRaw facts that describe the characteristics of an event or object Structured Data - answerStored in traditional system such as a relational data base or spreadsheet Unstructured Data - answerNot defined and does not follow specific format Big Data - answerCollection of large, complex data sets including structured and unstructured data. Information - answerData converted into meaningful and useful context Business In...

BTMA 317 Questions And Answers 2024. Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. #1 purpose of strategy - correct answer Alignment Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces Porter Valu...

BTMA MidtermBusiness Strategy - correct answer 1. Marketing Strategy 2. IT Strategy 3. Operations Strategy 4. Product Strategy Alignment - correct answer Michael Porter - #1 Purpose is ______ Simplified Value Chain - correct answer 1. Defining Value Chain 2. Capturing Cost Data 3. Controlling Cost 4. Cutting Buyers Cost 5. Determining Purchasing Criteria 6. Reconfiguring Value Chain Industry Analysis - correct answer 1. Competitive Forces 2. Strategic Planning 3. Types of Stra...

Miami University ISA 235 Final Exam Questions With Verified Answers Internet of things - answerA world where interconnected, internet-enabled devices or "things" can collect and share data without human intervention. Value Chain: Primary Vs. Support - answerViews a firm as a series of business processes that each add value. Primary: The firm acquiring raw materials, manufacturing, delivering, marketing and selling. Support: Actual firm infrastructure such as HR, Management, Tech. Dept. ...

Internet of things - A world where interconnected, internet-enabled devices or "things" can collect and share data without human intervention. Value Chain: Primary Vs. Support - Views a firm as a series of business processes that each add value. Primary: The firm acquiring raw materials, manufacturing, delivering, marketing and selling. Support: Actual firm infrastructure such as HR, Management, Tech. Dept. Data - Raw facts that describe the characteristics of an event or object Informat...

BTMA 317 Final Exam Questions Correctly Answered. Competitive strategy statement - correct answer Identifies a business' approach to compete, goals, and plans and policies to achieve goals. #1 purpose of strategy - correct answer Alignment Industry Analysis - correct answer Competitive forces, strategic alignment, types of strategies, strategic planning. Different industries offer different profit potential, what is the profit potential measured by? - correct answer Porters 5 forces ...

Internet of things - A world where interconnected, internet-enabled devices or "things" can collect and share data without human intervention. Value Chain: Primary Vs. Support - Views a firm as a series of business processes that each add value. Primary: The firm acquiring raw materials, manufacturing, delivering, marketing and selling. Support: Actual firm infrastructure such as HR, Management, Tech. Dept. Data - Raw facts that describe the characteristics of an event or object Informat...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

Strategic Management the integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. Strategy set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. Three things for good strategy 1. diagnosis of competitive challenge 2. guiding policy to address competitive challenge 3. A set of coherent actions to implement the firm's guiding policy. competitive advan...

CIPS L4M4 LO1 EXAM | QUESTIONS & 100% CORRECT ANSWERS (VERIFIED) | LATEST UPDATE | GRADEA+ What is sourcing? Correct Answer: Sourcing is the location, acquisition and management of all the vital inputs required for an organisation to operate. What is tactical/operational sourcing? Correct Answer: Low-level decision making High profit, low risk items Short-term projects Transactional relationships What is strategic sourcing? Correct Answer: Top-level decision making High-profit, h...