MIS 3

What is the domestic exporter strategy characterized​ by?

Heavy centralization of corporate activities in the home country of origin

In this video​ dramatization, David diagrams Michael​ Porter's Five Forces Model. The force at the center of this model that is affected by the other forces is the

intensity of rivalry within the industry. All firms share market space with competitors.

Give an example of transnational- multinational- franchiers

-airlines -windows -Mcdonalds

steps in BPM

1.Identify processes for change 2.Analyze existing processes 3.Design the new process 4.Implement the new process 5.Continuous measurement

​Porter's competitive forces model includes​ _________ forces that impact every organization.

5

multinational corporation

An organization that manufactures and markets products in many different countries and has multinational stock ownership and multinational management

Which of the following is NOT a way that information systems provide a competitive​ advantage?

Collecting and storing large amounts of data- Just collecting and storing a large amount of data will not produce a competitive advantage.

Which of the following is NOT an example of disruptive​ technologies?

Digital television- is not a disruptive​ technology; it is an incremental improvement over analog television.

Concerning​ Porter's model and the​ Internet, which of the following is false​?

Due to technology​ requirements, the threat of new entrants decreases.

Which type of activity within the value chain model is directly related to the production and distribution for a​ firm's products and​ services?

Primary activities- provide value to customers in production and distribution.

franchisers

Product created, designed, financed, and initially produced in home country but rely on foreign units for further production, marketing, and human resources

Which of the following is NOT an impact of the Internet on competitive forces and industry​ structure?

Reduces the price of products and services Your answer is correct.

Which of the following is NOT part of the description of a value​ web?

They promote communication among units.-Value webs are not used for promoting communications among units.

As David explains to​ Lauren, which of the following can force a business and its competitors to compete on​ price?

bargaining power of buyers- Buyer power is high when buyers have many choices from whom to buy and low when buyers have few choices. When buyers have many​ choices, they can force prices down.

When a firm does something in which they are a​ world-class leader, that activity would be considered to be a​ _____________ for the company.

core competency

transnationals

regional (not national) headquarters and perhaps world headquarters; optimizing resources as needed

Based on the information provided in this​ video, Porter's Five Forces Model is useful to analyze a business and identify its​ _____.

strategic position- Porter's Five Forces Model is useful to analyze a business and identify its strategic position within its industry.

According to​ David, Walmart negotiates with manufacturers and wholesalers to keep their profit margins low so that Walmart can offer lower prices to its customers. This is an example of​ _____.

strong bargaining power of buyers​ [Walmart is the​ buyer]

​Walmart's decision to build fulfillment centers illustrates which force in​ Porter's Five Forces​ Model?

threat of a new entrant-Walmart's decision to build fulfillment centers illustrates its strategy to expand into​ e-commerce in response to a threat of a new entrant and as a way to gain​ e-commerce market share from Amazon.