MIS Chapter 3 - MIS Chapter 3 Organizational Strategy...

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MIS Chapter 3 Organizational Strategy, Information Systems, and Competitive Advantage Q1: How Does Organizational Strategy Determine Information Systems Structure? Companies examine the structure of their industry and develop a competitive strategy Industry Structure→ Competitive Strategy→ Value Chains→ Business Processes→ Information Systems Q2: What Five Forces Determine Industry Structure? Five Forces Model : a model for determining the potential profitability of an industry (see above) Continued: a way of understanding organizations’ competitive environment Competitive Forces Competition from vendors of substitutes, competition from new competitors, competition from existing rivals Bargaining Power Forces Bargaining power of suppliers, bargaining power of customers Used to identify sources of strong competition and use that knowledge to create a competitive strategy to combat those strong forces Buyer Power: high- buyers have many choices low- buyers have few choices Loyalty Program:
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