Which of the following factors determines the structure, features, and functions of an information system used in a company?
answer
the competitive strategy
question
Porter's five forces model is used to assess ________.
answer
industry structure
question
Porter defined value as the ________.
answer
amount of money that a customer is willing to pay for an offering
question
Identify the activity in the value chain that involves receiving and handling of raw materials and other inputs to the product.
answer
inbound logistics
question
Which of the following statements best describes the role of operations in a value chain?
answer
transforming inputs into the final products
question
Which of the following value chain activities involves collecting, storing, and physically distributing the product to buyers?
answer
outbound logistics
question
Which of the following value chain activities involves inducing buyers to purchase a product and providing a means for them to do so?
answer
sales and marketing
question
Which of the following value chain activities involves assisting users with handling of the products after sale, thus maintaining and enhancing the products' value?
answer
customer service
question
Which of the following is a primary activity in the value chain?
answer
receiving and handling of raw materials and other inputs
question
Which of the following employees performs a support activity in the value chain?
answer
Nathaniel is in charge of setting up contractual agreements with vendors.
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