Chapter 3, Practice Quiz 2

Chapter 3, Practice Quiz 2 - 1) Which of the following is...

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Sheet1 Page 1 1) Which of the following is NOT a way in which IT value can realized? (1point) Impression management Productivity From the end customer Structure of competition Score: 1 Answer(s): Impression management 2) Nobel Prize winning economist Robert Solow made the now-famous quote: "We see computers everywhere except in restr o Score: 1 Answer(s): False 3) The less value a company adds to a good or service in its value chain, the higher the price the company can charge. (1po Score: 1
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Sheet1 Page 2 Answer(s): False 4) Business processes are closely related to the concept of a value chain. (1point) Score: 1 Answer(s): True 5) According to Porter's five forces model, which of the following forces does NOT help determine industry profitability? (1po n Rivalry among existing firms Bargaining power of customers Threat of substitutions Time of year Score: 1 Answer(s): Time of year 6) _____________ begins with an assessment of the fundamental characteristics and structure of an industry. (1point) Hiring practice Choice of company location
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Chapter 3, Practice Quiz 2 - 1) Which of the following is...

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