BCIS3 - 1. _ may store physical items like inventory, or...

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1. ___ may store physical items like inventory, or hold data. (Facilities) 2. General management is considered part of which activity in the value chain? (Infrastructure) 3. The ___ of a business process is the value of outputs minus costs. (Margin) 4. A company gains a competitive advantage due to differentiation in their industry when they convince customers that their product is ___ than their competitors. (Better) 5. During a job search, how could you demonstrate the competitive advantage, “Reduce cost?” (Besides taking low salary!). (Take the bus to all your job interviews) 6. The amount of money that a customer is willing to pay for a service is its ___. (Value) 7. When a company copyrights new programs and products they are trying to gain a competitive advantage by: (Creating barriers to entry) 8. An example of a barrier to entry would be the cost of setting up a (n): (Automobile manufacturing plant) 9. Which of the following is not included in support activities for a value chain? (Service) 10. Streamlining business process is a key to: (Competitive advantage) 11. Which of the following is not an example of a strong password? (Blow123) 12. When they first started, EBay gained a competitive advantage by: (creating new products or services) 13. Cell phone providers charge large fees if you cancel or transfer your service during the first two years, thus ___ customers. (locking in) 14. When a company in the auto industry uses robots to work on the assembly lines they are
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BCIS3 - 1. _ may store physical items like inventory, or...

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