Threat of substitute - Study guides, Class notes & Summaries

MIS 301 Test 1 Question and answers rated A+ 2024 Chapter 2 - correct answer Porter's Five Forces - correct answer Also known as Industry and Competitive Analysis. A framework considering the interplay between (1) the intensity of rivalry among existing competitors, (2) the threat of new entrants, (3) the threat of substitute goods or services, (4) the bargaining power of buyers, and (5) the bargaining power of suppliers. Affiliates - correct

INFORMATION SYSTEMS MANAGEMENT EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Information Systems - -A process that manages entering, storing, securing, and processing data Information - -In information systems management, it is the human-readable result of data processing, frequently in the form of a report Information Technology - -The technical components, such as computers, that are used in an information system Management Information System - -An information system that is focused o...

INFORMATION SYSTEMS MANAGEMENT EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Information Systems - -A process that manages entering, storing, securing, and processing data Information - -In information systems management, it is the human-readable result of data processing, frequently in the form of a report Information Technology - -The technical components, such as computers, that are used in an information system Management Information System - -An information system that is focused o...

What uncontrollable marketing element provides user input as to how the company delivers upon its value proposition? Quality control inspections Product delivery schedule Competitive elements Consumer feedback - Answer Consumer feedback Which controllable marketing function should a company use to achieve its firm-level goals and to satisfy the target customers' needs and wants? Sales Promotion Production Product - Answer Product Which controllable element is included in the m...

SANS MGT514 Latest Update with Complete Solutions Strategic planning (1:8) deep analysis and understanding of the state of business and the threats faced by the organization Value to the organization (1:8) develop your objectives based on the organization's vision and mission, stake holder risk appetite and opportunities Driving engagement (1:8) execute on the plan by navigating the internal values and culture, developing a business case to get support and funding, and promoting ...

Porter's Five Forces - ️️threat of entry threat of substitute supplier power buyer power competitive rivalry Threat of New Entry - ️️Time and cost of entry Specialist knowledge Economies of scale Cost advantages Technology protection Barriers to entry Primary activities in the value chain - ️️Direct activities of producing, selling and delivering outputs Secondary activities in the value chain - ️️are not directly involved in the evolution of a product but instea...

BPL5100 Quiz 1 Questions with Correct Answers Threat of new entrants - Answer-The possibility that the profits of established firms in the industry may be eroded by new competitors. Economies of scale - Answer-Decreases in cost per unit as absolute output per period increases. Product differentiation - Answer-The degree to which a product has strong brand loyalty or customer loyalty Switching costs - Answer-One-time costs that a buyer/supplier faces when switching from one supplier...

ISA 235 Final Exam Gowins Latest Version Graded A+ Data Raw facts that describe the characteristics of an event or object Structured Data Stored in traditional system such as a relational data base or spreadsheet Unstructured Data Not defined and does not follow specific format Big Data Collection of large, complex data sets including structured and unstructured data. Information Data converted into meaningful and useful context Business Intelligence (BI) Information collect...

Sociology 101 Straighterline Exam Questions and Complete Solutions __________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism __________ refers to processes of social life that pattern institutional development and have to do with social change. -...

AIPMM - CPM REVIEW PRACTICE EXAM QUESTIONS 2024. intangibility inseparability variability perishability - correct answer Nature and characteristic of a service Product Price Promotion Place - correct answer What are the 4 Kotler's Market Strategies? Intensity of Competitive Rivalry Threat of New Entrants Threat of Substitute Bargaining Power of Customers Bargaining Power of Suppliers - correct answer What are Porter's 5 forces? Conceive Plan Develop Qualify Launch Deli...