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Chapter 01 Management Information Systems: Business Driven MIS

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Question;129. What is a feature of a product or service that;customers have come to expect and that entering competitors must offer as well;if they want to survive?;A. Significant barrier.;B. Entry barrier.;C. Product differentiation.;D. Entry chain.;130. Which of the following represents a typical;supply chain?;A. Company?customers?suppliers.;B. Company?suppliers?customers.;C. Suppliers?company?customers.;D. Suppliers?customers?company.;131. Imagine you are creating a new product to sell in;an up-and-coming market. Which of the following statements indicates that it;would be easy for you as the new entrants to compete in this market?;A. The threat of new entrants force is high in the up-and-coming market.;B. The threat of new entrants force is low in the up-and-coming market.;C. The threat of new entrants force is impossible to define in the;up-and-coming market.;D. All of these, depending on the time of year.;132. Imagine you are creating a new product to sell in;an up-and-coming market. Which of the following statements indicates that it;would be difficult for you to enter this new market?;A. The threat of new entrants force is high in the up-and-coming market.;B. The threat of new entrants force is low in the up-and-coming market.;C. The threat of new entrants force is high during the summer months in;the up-and-coming market.;D. All of these, depending on the time of year.;133. Which of the following offers an example where;Porter's Five Forces are mostly strong and competition is high?;A. A dog-walking business.;B. A ski resort.;C. A professional hockey team.;D. All of these.;134. Which of the following offers an example where;Porter's Five Forces are mostly weak and competition is low?;A. An international hotel chain purchasing milk.;B. A coffee shop.;C. A single consumer purchasing milk.;D. A dog-walking business.;135. Some industries' competition is much more intense;than others. Retail grocery stores such as Kroger, Safeway, and Albertson's in;the United States experience fierce competition and offer similar marketing;campaigns to compete. What is this an example of in terms of Porter's five;forces?;A. Rivalry among new entrants.;B. Rivalry among existing competitors.;C. Threat of substitute products or services.;D. Buyer power.

 

Paper#55243 | Written in 18-Jul-2015

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