Michael porter - Study guides, Class notes & Summaries

A strategic information system is one that attempts to do one or more of the following: (select all that apply) - *help an organization focus on a specific market segment *deliver a product or a service at a lower cost *enable innovation *deliver a product or service that is differentiated According 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...

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Whether you’re a new manager or looking to have more influence in your current management role, the challenges you face come in all shapes and sizes—a direct report’s anxious questions, your bos s’s last-minute assignment of an important presentation, or a blank business case staring you in the face. To reach your full potential in these situations, you need to master a new set of business and personal skills. Packed with step-by-step advice and wisdom fromHarvard Business Review’s man...

The cheap objective of supply chain management is to achieve and sustain competitive advantage in the market by providing value to the customer: correct answers true In the SCORE-DS model its diagram, is the diagram that identifies the organizations upstream and downstream supply chain: correct answers true What is the definition of flexibility? correct answers Reconfiguring systems rapidly to manage change. • Includes product flexibility (i.e., customization), volume flexibility (i.e.,...

BUAD 331 Exam 2 Questions And Answers (Verified And Updated) Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False - answerB. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources - answerB. Customers When purchasing and supply management works well within an organ...

MGT 8803 SUPPLY CHAIN EXAM QUESTIONS AND ANSWERS 100% PASS Strategy can be best described as the goal directed actions to gain and sustain ___? - high performance in advancing industry capabilities - superior performance in the markets in which the firm operates - long term financial profits and economic viability - operational improvements and product advancements - the earth's environment and the well-being of the communities in which the firm operates superior performance in the market...

CPT 113 Final Exam Review Questions With 100% Correct Answers payroll - answerA _______ system is a type of transaction processing system (TPS) artificial intelligence - answerFuture progress in _____ includes further development in natural language processing that should make information systems easier to use. PayPal - answer_____ is a popular online payment system used in many online auction sites E-check - answer_____ is an electronic version of a paper check CRM - answerA successful _...

CPT 113 Final Exam Review Questions With 100% Correct Answers payroll - answerA _______ system is a type of transaction processing system (TPS) artificial intelligence - answerFuture progress in _____ includes further development in natural language processing that should make information systems easier to use. PayPal - answer_____ is a popular online payment system used in many online auction sites E-check - answer_____ is an electronic version of a paper check CRM - answerA successful _...

Strategy : The central integrated, externally oriented concept of how we will achieve our objectives; how an organization faced with competition will achieve superior performance Competitive advantage : conditions that allow a company to produce a product or service at a lower price or in a more desirable fashion Emergent vs Intended Strategy : The strategic management process leads managers to intended strategies, however conditions often change or new information becomes available -...

The chief objective of supply chain management is to: correct answers achieve and sustain competitive advantage in the market by providing value to the customer The SCOR-DS model: correct answers identifies the entire process and it is NOT used to identify what is upstream and downstream. Definition of flexibility: correct answers reconfiguring systems rapidly to manage change Supply chain involves 3 parts: correct answers sourcing, operations, logistics The value model chain was des...