A(n)________ allows primary activities to connect digitally to help speed up the transition from sales to manufacturing in an organization.
A) SWOT analysis
B) digital distribution platform
C) management information system
D) digital value chain
330) Baltzan bike manufacturing needed to decrease the amount of time it took to develop a customized bike. Many customers requested special parts to be assembled for the one-time creation for a bike. By connecting the sales systems to the manufacturing systems and adding 3D printing to its manufacturing process, it was able to cut down on the amount of time it took between sales and production. What type of technology is this called?
A) digital value chain
B) buyer power
C) first-mover advantage
D) SWOT analysis
331) When reviewing Porter’s value chain analysis, which of the following provides customer support after the sale of goods and services?
A) inbound logistics
B) outbound logistics
C) operations
D) service
332) Which of the following represents procurement as part of the support value activities in a value chain analysis?
A) purchases inputs such as raw materials, resources, equipment and supplies
B) applies MIS to processes to add value
C) distributes goods and services to customers
D) promotes, prices, and sells products to customers
333) What includes support value activities and primary value activities and is used to determine how to create the greatest possible value for customers?
A) supplier power
B) operations management
C) Porter’s Five Forces Model
D) value chain analysis
334) What is a standardized set of activities that accomplishes a specific task?
A) business strategy
B) business outcome
C) business process
D) knowledge process
335) Which of the following analyzes a company’s business processes and is useful for determining how to create the greatest possible value for customers?
A) product analysis
B) primary supplier power
C) value chain analysis
D) buyer chain analysis
336) The goal of value chain analysis is to identify processes in which the firm can add value for the customer and create a competitive advantage for itself, with a________ or________.
A) focused strategy; product differentiation