week 2 homework jon - Page 1 of 2 Week 2: Organization,...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Week 2: Organization, Management and Strategy of the Digital Firm - Homework ES Help Save Answers Submit For Grade 1. The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to as: (Points: 2) Switching costs Transaction costs Procurement Agency costs 2. An organization is a: (Points: 2) Stable, formal social structure that takes resources from the environment and processes them to produce outputs. Formal, legal entity with internal rules and procedures that must abide by laws. Collection of social elements. All of the above. 3. To what competitive force did the printed encyclopedia industry succumb? (Points: 2) Positioning and rivalry among competitors Low cost of entry Substitute products or services Customer's bargaining power 4. Which industries did the first wave of e-commerce transform? (Points: 2) Air travel, books, bill payments Air travel, books, music Real estate, air travel, books Real estate, books, bill payments 5. An information system can enhance core competencies by: (Points: 2)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/02/2010 for the course IS IS535 taught by Professor Howardfredericks during the Spring '09 term at Keller Graduate School of Management.

Page1 / 2

week 2 homework jon - Page 1 of 2 Week 2: Organization,...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online