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isys exam - The four basic strategies a company can employ...

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The four basic strategies a company can employ to deal with competitive forces are: Choose one answer. a. (1) strengthen customer and supplier intimacy, (2) focus on market niche, (3) product differentiation, and (4) low-cost leadership. b. (1) strengthen customer and supplier intimacy, (2) focus on market niche, (3) product differentiation, and (4) implement demand control. c. (1) increase process efficiency, (2) implement demand control, (3) focus on market niche, and (4) low-cost leadership. d. (1) focus on market niche, (2) product differentiation, (3) mass customization, and (4) implement demand control. Incorrect Marks for this submission: 0/1. Question 2 Marks: 1 An information system can enable a company to focus on a market niche through: Choose one answer. a. complex trend forecasting. b. intensive product trend analysis. c. tailoring products to the client. d. intensive customer data analysis. Incorrect Marks for this submission: 0/1. Question 3 Marks: 1 The greatest impact the Internet has had on globalization is in lowering the costs of: Choose one answer.
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a. network infrastructure. b. telecommunications. c. entry to global-scale operations. d. labor. Correct Marks for this submission: 1/1. Question 4 Marks: 1 A ________ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively. Choose one answer. a. value chain b. consortia c. business network d. value web Correct Marks for this submission: 1/1. Question 5 Marks: 1 The most successful solutions or methods for achieving a business objective are called: Choose one answer. a. best practices. b. benchmarks. c. best processes. d. core processes. Correct Marks for this submission: 1/1.
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Question 6 Marks: 1 Internet technology: Choose one answer. a. makes it easy to sustain operational advantages. b. imposes a significant cost of entry, due to infrastructure requirements. c. increases the difference between competitors because of the wide availability of information.
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