Tag: IFSM 300

Solved: IFSM 300 Quiz 1

Free EssaysTest BankIFSM 300IFSM300UMGCUMUC

Which of the following is defined as the ability of customers to drive down the price of goods and services?

supplier power

rivalry among competitors

threat of price reduction

buyer power or the bargaining power of customers

A strategic information system is one that attempts to do one or more of the following: (select all that apply)

help an organization focus on a specific market segment

enable innovation

deliver a product or a service at a lower cost

deliver a product or service that is differentiated

Which of the following are the two primary methods for obtaining competitive advantage described by Michael Porter? (select the two that apply)

A) differentiation advantage
B) value chain creation
C) cost advantage
D) advantage of bringing new products to market

True or false:  Highly qualified vendors,