Podcast
Questions and Answers
What is a characteristic of outsourcing?
What is a characteristic of outsourcing?
- Increasing the number of employees
- In-house development of services
- Reducing the number of employees (correct)
- Limiting the need for external professionals
How does downsizing affect employees?
How does downsizing affect employees?
- Increasing workforce diversity
- Supporting employee growth opportunities
- Reducing the number of employees (correct)
- Enhancing job security
In the context of competitive advantage, what is total quality management focused on?
In the context of competitive advantage, what is total quality management focused on?
- Emphasizing high-quality products and processes (correct)
- Encouraging organizations to reduce quality standards
- Promoting rapid production at the expense of quality
- Developing a commitment to low-quality products
Which approach leads to a competitive advantage by offering consumers the most added value?
Which approach leads to a competitive advantage by offering consumers the most added value?
What is a key result of on-demand computing?
What is a key result of on-demand computing?
Which factor contributes significantly to competitive advantage in the Five Forces model?
Which factor contributes significantly to competitive advantage in the Five Forces model?
What term refers to the process of reducing a company's workforce to improve efficiency and lower costs?
What term refers to the process of reducing a company's workforce to improve efficiency and lower costs?
Which term describes the practice of contracting out certain business functions or processes to third-party providers?
Which term describes the practice of contracting out certain business functions or processes to third-party providers?
What does 'On-demand computing' refer to in the context of information systems?
What does 'On-demand computing' refer to in the context of information systems?
Which model focuses on the five forces that shape an industry to determine its level of competition?
Which model focuses on the five forces that shape an industry to determine its level of competition?
What are some factors that can lead firms to seek a competitive advantage?
What are some factors that can lead firms to seek a competitive advantage?
How can the performance of an information system be measured?
How can the performance of an information system be measured?
Which of the following is a common reason for organizations to engage in downsizing?
Which of the following is a common reason for organizations to engage in downsizing?
In the context of organizations, what does outsourcing typically involve?
In the context of organizations, what does outsourcing typically involve?
What is another term for on-demand computing?
What is another term for on-demand computing?
Which model helps firms analyze the forces influencing their competitive advantage?
Which model helps firms analyze the forces influencing their competitive advantage?
What is a key factor leading companies to try to establish a competitive advantage according to the text?
What is a key factor leading companies to try to establish a competitive advantage according to the text?
In the context of competitive advantage, what does the term 'rivalry among existing competitors' refer to?
In the context of competitive advantage, what does the term 'rivalry among existing competitors' refer to?
What scenario would increase the threat of new entrants according to the text?
What scenario would increase the threat of new entrants according to the text?
