ISDS – Study Guide & Revision Notes
Supplier opportunity cost is - ANS ✔✔the minimum amount of money suppliers are willing to
accept to provide the firm with the needed resources
You invented the iPet, an app that lets pet owners track their animals. Your engineering team
just showed you a new feature that ... The results of a focus group with customers indicated
that the customers do not think the feature is useful. What can you conclude? - ANS
✔✔Despite the novelty of the feature, CWP will not increase if the feature is commercialized
When categorizing eCommerce initiatives by company structure, which category does spotify
fall into> - ANS ✔✔Pure play
Competitive advantage is - ANS ✔✔the condition where a firm engages in a unique
transformation process and has been able to distinguish its offerings from those of competitors
Thanks to the internet of things (IoT), the number of devices connected to the internet is
decreasing every year - ANS ✔✔false
you invented the iPet, an app that lets pet owners track their animaks. There is only one
competitor, iDog, and it produces a similar product. Your analysis shows that SOC for iPet and
iDog is the same $20. But CWP for iPet is $25 and for iDog it is $23. Do you have a competitive
advantage? - ANS ✔✔Yes. Because iPet is the only firm in the market able to creat $5 worth of
value
Price is the same as SOC - ANS ✔✔False
IKEA developed a catalog app in 2014 that displays their furniture over images of real space.
This is an example of - ANS ✔✔Augmented Reality
Supplier opportunity cost is - ANS ✔✔the minimum amount of money suppliers are willing to
accept to provide the firm with the needed resources
You invented the iPet, an app that lets pet owners track their animals. Your engineering team
just showed you a new feature that ... The results of a focus group with customers indicated
that the customers do not think the feature is useful. What can you conclude? - ANS
✔✔Despite the novelty of the feature, CWP will not increase if the feature is commercialized
When categorizing eCommerce initiatives by company structure, which category does spotify
fall into> - ANS ✔✔Pure play
Competitive advantage is - ANS ✔✔the condition where a firm engages in a unique
transformation process and has been able to distinguish its offerings from those of competitors
Thanks to the internet of things (IoT), the number of devices connected to the internet is
decreasing every year - ANS ✔✔false
you invented the iPet, an app that lets pet owners track their animaks. There is only one
competitor, iDog, and it produces a similar product. Your analysis shows that SOC for iPet and
iDog is the same $20. But CWP for iPet is $25 and for iDog it is $23. Do you have a competitive
advantage? - ANS ✔✔Yes. Because iPet is the only firm in the market able to creat $5 worth of
value
Price is the same as SOC - ANS ✔✔False
IKEA developed a catalog app in 2014 that displays their furniture over images of real space.
This is an example of - ANS ✔✔Augmented Reality
