Exam (elaborations)
MIS 200 Test with All Questions 100% Solved with Verified Answers
- Course
- Institution
MIS 200 Test with All Questions 100% Solved with Verified Answers
[Show more]
Content preview
MIS 200 Test with All Questions 100% Solvedwith Verified Answers
Technology skills gap - Answer the mismatch between the high level of tech skills
demanded by employers and the low level of tech skills held by employees
Activity - Answer a business function that receives inputs and produces outputs
Business Process - Answer a network of activities that generate value by transforming
inputs into outputs
Business process management - Answer a management technique that includes
methods and tools to support the design, analysis, implementation, management, and
optimization of business processes
Competitive Strategy - Answer an organizational strategy for how an organization will
compete in its business(es)
Cost - Answer the cost of the inputs plus the cost of the activities
first-mover advantage - Answer gaining market share by being the first to develop a new
technology in a market segment
Five Forces Model - Answer A framework that identifies five forces that determine the
profit potential of an industry and shape a firm's competitive strategy. Developed by
Michael Porter
Linkages - Answer interactions across value chain activities
, Margin - Answer the difference between the value that an activity generates and the
cost of the activity
primary activity - Answer Includes inbound logistics, operations/manufacturing,
outbound logistics, sales and marketing, and customer service
Inbound logistics - Answer receiving, storing, and disseminating inputs to the products
Operations/Manufacturing - Answer transforming inputs into the final products
outbound logistics - Answer collecting, storing, and physically distributing the products
to buyers
sales and marketing - Answer inducing buyers to purchase the products and providing a
means for them to do so
customer service - Answer assisting customers' use of the products and thus
maintaining and enhancing the products' value
repository - Answer collection of something; a database is a repository of data and a raw
material repository is an inventory of raw materials
second mover advantage - Answer following a pioneering company and imitating the
product, significantly reducing R&D expenditures
support activities - Answer includes procurement, technology, human resources, and
firm infrastructure
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Examsplug. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now