MIS 301 Exam 1 and complete answers
j7 j7 j7 j7 j7 j7
Disruptivej7Technologyj7-j7correctj7answer✔ ✔
aj7newj7wayj7ofj7doingj7thingsj7thatj7initiallyj7doesj7notj7meetj7thej7needsj7ofj7
existingj7customers.j7Thesej7tendj7toj7openj7newj7marketsj7andj7destroyj7oldj7o
nes.
Mentalj7Modelsj7-j7correctj7answer✔ ✔
clustersj7ofj7propositions/knowledgej7structuresj7thatj7guidej7ourj7interacti
onj7withj7thej7world.
Evidence:j7createj7mapj7andj7foundj7samej7patternj7longerj7distancej7tookj7lon
ger
barriersj7toj7entryj7-j7correctj7answer✔ ✔
anythingj7thatj7keepsj7newj7firmsj7fromj7enteringj7anj7industryj7inj7whichj7fir
msj7arej7earningj7economicj7profits
Businessj7Processj7-j7correctj7answer✔ ✔
aj7standardizedj7setj7ofj7activitiesj7thatj7accomplishj7aj7specificj7task,j7suchj7
asj7processingj7aj7customer'sj7order
Capitalj7intensityj7-j7correctj7answer✔ ✔
thej7amountj7ofj7fixedj7orj7realj7capitalj7presentj7inj7relationj7toj7otherj7factors
j7ofj7production,j7especiallyj7labor.
, channelj7conflictj7-j7correctj7answer✔ ✔ inj7e-
commercej7aj7conflictj7thatj7mayj7resultj7betweenj7aj7manufacturerj7thatj7want
sj7toj7sellj7productsj7directlyj7toj7consumersj7andj7thej7retailersj7inj7thej7existing
j7salesj7channels
commodityj7-j7correctj7answer✔ ✔
anj7itemj7ofj7tradej7orj7commerce,j7esp.j7asj7distinguishedj7fromj7aj7service
distributionj7channelsj7-j7correctj7answer✔ ✔
Thisj7refersj7toj7thej7movementj7ofj7productsj7orj7servicesj7fromj7thej7produc
erj7toj7thej7consumer.
economiesj7ofj7scalej7-j7correctj7answer✔ ✔
asj7aj7companyj7producesj7largerj7numbersj7ofj7aj7particularj7product,j7thej7c
ostj7ofj7eachj7ofj7thesej7productsj7goesj7down
fastj7followerj7problemj7-j7correctj7answer✔ ✔
existsj7whenj7savvyj7rivalsj7watchj7aj7pioneer'sj7effort,j7learnj7fromj7theirj7su
ccessesj7andj7misstepsj7andj7thenj7enterj7thej7marketj7quicklyj7withj7aj7compar
ablej7orj7superiorj7productj7atj7aj7lowerj7costj7beforej7thej7firstj7moverj7canj7do
minate
j7 j7 j7 j7 j7 j7
Disruptivej7Technologyj7-j7correctj7answer✔ ✔
aj7newj7wayj7ofj7doingj7thingsj7thatj7initiallyj7doesj7notj7meetj7thej7needsj7ofj7
existingj7customers.j7Thesej7tendj7toj7openj7newj7marketsj7andj7destroyj7oldj7o
nes.
Mentalj7Modelsj7-j7correctj7answer✔ ✔
clustersj7ofj7propositions/knowledgej7structuresj7thatj7guidej7ourj7interacti
onj7withj7thej7world.
Evidence:j7createj7mapj7andj7foundj7samej7patternj7longerj7distancej7tookj7lon
ger
barriersj7toj7entryj7-j7correctj7answer✔ ✔
anythingj7thatj7keepsj7newj7firmsj7fromj7enteringj7anj7industryj7inj7whichj7fir
msj7arej7earningj7economicj7profits
Businessj7Processj7-j7correctj7answer✔ ✔
aj7standardizedj7setj7ofj7activitiesj7thatj7accomplishj7aj7specificj7task,j7suchj7
asj7processingj7aj7customer'sj7order
Capitalj7intensityj7-j7correctj7answer✔ ✔
thej7amountj7ofj7fixedj7orj7realj7capitalj7presentj7inj7relationj7toj7otherj7factors
j7ofj7production,j7especiallyj7labor.
, channelj7conflictj7-j7correctj7answer✔ ✔ inj7e-
commercej7aj7conflictj7thatj7mayj7resultj7betweenj7aj7manufacturerj7thatj7want
sj7toj7sellj7productsj7directlyj7toj7consumersj7andj7thej7retailersj7inj7thej7existing
j7salesj7channels
commodityj7-j7correctj7answer✔ ✔
anj7itemj7ofj7tradej7orj7commerce,j7esp.j7asj7distinguishedj7fromj7aj7service
distributionj7channelsj7-j7correctj7answer✔ ✔
Thisj7refersj7toj7thej7movementj7ofj7productsj7orj7servicesj7fromj7thej7produc
erj7toj7thej7consumer.
economiesj7ofj7scalej7-j7correctj7answer✔ ✔
asj7aj7companyj7producesj7largerj7numbersj7ofj7aj7particularj7product,j7thej7c
ostj7ofj7eachj7ofj7thesej7productsj7goesj7down
fastj7followerj7problemj7-j7correctj7answer✔ ✔
existsj7whenj7savvyj7rivalsj7watchj7aj7pioneer'sj7effort,j7learnj7fromj7theirj7su
ccessesj7andj7misstepsj7andj7thenj7enterj7thej7marketj7quicklyj7withj7aj7compar
ablej7orj7superiorj7productj7atj7aj7lowerj7costj7beforej7thej7firstj7moverj7canj7do
minate