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MIS 303 chapter 1
MIS 303 GMU chapter 1
Question | Answer |
---|---|
Information Quality | Timeliness Accessibility Form Validity |
What are the core drivers of the information age? | Data, Information, knowledge, business intelligence |
describe the SWOT analysis? | Strengths, weaknesses, opportunity, threats. SWOT |
describe porter's five force model? | buyer power, supplier power, threat of substitute product or service, threat of new entrants, rivalry among existing competitors. BSTTR |
describe the three generic strategies ? | broad cost leadership, broad differentiation, focused strategy. |
what are the Value Disciplines | Operational Excellence(cost leadership), Customer Intimacy(Differentiation), Product Leadership (Innovation) |
what are the Strategies for Competitive Advantages? | cost leader, differentiation, innovation, operational effectiveness , customer oriented |
describe the value chain analysis? | primary value activities, support value activities |
primary value | inbound logistics, operations, marketing and sales, service |
describe the value chain analysis? | primary value activities, support value activities |
support value activities | firm infrastructure, human resources management |
primary value | inbound logistics, operations, marketing and sales, service |
support value activities | firm infrastructure, human resources management |
describe the value chain analysis? | primary value activities, support value activities |
primary value | inbound logistics, operations, marketing and sales, service |
support value activities | firm infrastructure, human resources management, technology development, procurement |