DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
What is a competitive advantage?
A) A product that an organization's customers place a lesser value on than similar offerings from a
competitor.
B) A feature of a product or service on which customers place a lesser value than they do on similar
offerings from a supplier.
C) A service that an organization's customers place a lesser value on than similar offerings from a
supplier.
D) feature of a product or service on which customers place a greater value than they do on similar
offerings from competitors. - (answer)D
Identifying competitive advantages can be difficult and explains why they are typically ______.
A) Temporary
B) Satisfactory
C) Terminated
D) Unsuccessful - (answer)A
Which of the following represents a typical supply chain?
A) Company - Customers - Suppliers.
B) Company - Suppliers - Customers.
,DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
C) Suppliers - Company - Customers.
D) Suppliers - Customers - Company. - (answer)C
Broad differentiation, broad cost leadership, and _________ create the three generic strategies
identified by Porter.
A) Narrow market leadership
B) High cost versus low cost
C) Focused strategy
D) None of the above - (answer)C
Which of the following is not considered a core driver of the information age?
A) Information.
B) Business Intelligence.
C) Competitive Intelligence.
D) Data. - (answer)C
If a supplier has high power what can it do to influence its industry?
,DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
A) Charge higher prices.
B) Shift costs to industry participants.
C) Limit quality or services.
D) All of the above. - (answer)D
Firm infrastructure and human resource management are part of the primary value activities.
T or F - (answer)False
Sandy Fiero works as the Chief Knowledge Officer for Bend Lumbar Company. She has been given the
responsibility to create a product or service that will bring an added value to its customers to increase
the company's revenue. Sandy determines that the best value she can add is by creating a service that
offers free next day shipping on any order over $50. Where in the value chain is Sandy adding value?
A) The primary value activity outbound logistics.
B) The primary value activity inbound logistics.
C) The primary value activity marketing and sales.
D) The primary value activity operations. - (answer)A
If you were thinking about a home theater system which of the following represents the outputs?
A)The DVD player, DVD movie, speakers, TV, and electricity.
, DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
B) Playing the movie including the audio through the speakers and the video on the TV.
C) A message stating that the disk is dirty and cannot be played.
D) Spinning the disk to play, pause, rewind, or fast forward. - (answer)B
If you were thinking about a home theater system which of the following represents the inputs?
A) The DVD player, DVD movie, speakers, TV, and electricity.
B) Playing the movie including the audio through the speakers and the video on the TV.
C) A message stating that the disk is dirty and cannot be played.
D) Spinning the disk to play, pause, rewind, or fast forward. - (answer)A
Which of the following is included in Porter's Five Forces Model?
A) Loyalty expenses.
B) Supply chain management.
C) The power of competitors.
D) Systems thinking. - (answer)C
Which of the following is considered a good?
SOLUTIONS!!!! ALREADY GRADED A+
What is a competitive advantage?
A) A product that an organization's customers place a lesser value on than similar offerings from a
competitor.
B) A feature of a product or service on which customers place a lesser value than they do on similar
offerings from a supplier.
C) A service that an organization's customers place a lesser value on than similar offerings from a
supplier.
D) feature of a product or service on which customers place a greater value than they do on similar
offerings from competitors. - (answer)D
Identifying competitive advantages can be difficult and explains why they are typically ______.
A) Temporary
B) Satisfactory
C) Terminated
D) Unsuccessful - (answer)A
Which of the following represents a typical supply chain?
A) Company - Customers - Suppliers.
B) Company - Suppliers - Customers.
,DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
C) Suppliers - Company - Customers.
D) Suppliers - Customers - Company. - (answer)C
Broad differentiation, broad cost leadership, and _________ create the three generic strategies
identified by Porter.
A) Narrow market leadership
B) High cost versus low cost
C) Focused strategy
D) None of the above - (answer)C
Which of the following is not considered a core driver of the information age?
A) Information.
B) Business Intelligence.
C) Competitive Intelligence.
D) Data. - (answer)C
If a supplier has high power what can it do to influence its industry?
,DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
A) Charge higher prices.
B) Shift costs to industry participants.
C) Limit quality or services.
D) All of the above. - (answer)D
Firm infrastructure and human resource management are part of the primary value activities.
T or F - (answer)False
Sandy Fiero works as the Chief Knowledge Officer for Bend Lumbar Company. She has been given the
responsibility to create a product or service that will bring an added value to its customers to increase
the company's revenue. Sandy determines that the best value she can add is by creating a service that
offers free next day shipping on any order over $50. Where in the value chain is Sandy adding value?
A) The primary value activity outbound logistics.
B) The primary value activity inbound logistics.
C) The primary value activity marketing and sales.
D) The primary value activity operations. - (answer)A
If you were thinking about a home theater system which of the following represents the outputs?
A)The DVD player, DVD movie, speakers, TV, and electricity.
, DSCI 320 QUIZ SUMMED UP LATEST SET WITH 100% VERIFIED
SOLUTIONS!!!! ALREADY GRADED A+
B) Playing the movie including the audio through the speakers and the video on the TV.
C) A message stating that the disk is dirty and cannot be played.
D) Spinning the disk to play, pause, rewind, or fast forward. - (answer)B
If you were thinking about a home theater system which of the following represents the inputs?
A) The DVD player, DVD movie, speakers, TV, and electricity.
B) Playing the movie including the audio through the speakers and the video on the TV.
C) A message stating that the disk is dirty and cannot be played.
D) Spinning the disk to play, pause, rewind, or fast forward. - (answer)A
Which of the following is included in Porter's Five Forces Model?
A) Loyalty expenses.
B) Supply chain management.
C) The power of competitors.
D) Systems thinking. - (answer)C
Which of the following is considered a good?
