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CIS Chs. 2, 10, & 3
Midterm 3
Term/Definition | Slides |
---|---|
Big Picture Organization | Industry Structure, Competitive Strategy, Value Chains, Business Processes, Information Systems |
Industry Structure | Competitive Forces in your industry |
Competitive Strategy | How you decide to respond to the forces |
Value Chains | Changes you make to your structure |
Business Processes | How those changes effect your processes |
Information Systems | Hardware, Software, Data, Procedures, People |
Industry Structure (Porter's Competitive Forces Model) | - Bargaining Power of Customers - Bargaining Power of Suppliers - Rivalry (Existing firms + Your firm) - Threat of Substitutes - Threat of New Entrants |
Competitive Strategy (Porter's Competitive Forces Model) |