Quiz_#2 - 1 Marks: 1 Psychological aspects play a...

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1 Marks: 1 Psychological aspects play a significant role in the definition of quality for: Choose one answer. a. producers only. b. customers only. correct c. both customers and producers. d. neither customers nor producers. Correct Marks for this submission: 1/1. Question 2 Marks: 1 Which of the following is not one of the competitive forces of Porter's model? Choose one answer. a. Customers. b. External environment correct c. Suppliers d. Other competitors Correct Marks for this submission: 1/1. Question 3 Marks: 1 The value chain model: Choose one answer. a. categorizes five related advantages for adding value to a firm's products or services.
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b. sees the supply chain as the primary activity for adding value. c. helps a firm identify points at which information technology can most effectively to enhance its competitive position. correct d. categorizes four basic strategies a firm can use to enhance its value chain. Correct Marks for this submission: 1/1. Question 4 Marks: 1 To what competitive force did the printed encyclopedia industry succumb? Choose one answer. a. Low cost of entry b. Customer's bargaining power c. Substitute products or services correct d. Positioning and rivalry among competitors Correct Marks for this submission: 1/1. Question 5 Marks: 1 Which of the following can force a business and its competitors to compete on price alone? Choose one answer. a. Demand control b. Transparent marketplace correct c. Poor process efficiency d. High product differentiation
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Correct Marks for this submission: 1/1. Question 6 Marks: 1 Wal-Mart's continuous replenishment system allows it to: Choose one answer. a. strengthen customer intimacy. b. provide an efficient customer response system. correct c. achieve economy of scale. d. provide mass customization. Correct Marks for this submission: 1/1. Question 7 Marks: 1 Which of the following is not a benefit of implementing CAD systems? Choose one answer. a. Reducing the time spent on completing a design b. Ability to review designs for errors prior to production c. Ability to make changes to digital models without building physical prototypes d. Reducing the time spent on benchmarking correct Correct Marks for this submission: 1/1. Question 8 Marks: 1 ________ systems are those in which systems development and operation occur totally at the domestic home base. Choose one answer.
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a. Centralized correct b. Networked c. Decentralized d. Duplicated Correct Marks for this submission: 1/1. Question 9 Marks: 1 A substitute product of most concern for a cable TV distributor is: Choose one answer. a. broadcast TV. b. satellite TV. correct c. satellite radio. d. the Internet. Correct Marks for this submission: 1/1. Question 10
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Quiz_#2 - 1 Marks: 1 Psychological aspects play a...

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