Question 1

Explain systems thinking and how management information systems enable business communications.

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Question 2

Describe Porter's Five Forces Model, and explain each of the five forces.

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Question 3

Compare Porter's three generic strategies.

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Question 4

__________ value activities are found at the bottom of the value chain and include business processes that acquire raw materials and manufacture, deliver, market, sell, and provide after-sales services.

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Question 5

Identify the different departments in a company and why they must work together to achieve success.

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Question 6

Explain why competitive advantages are temporary.

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Question 7

___________ value activities are found along the top of the value chain and include business processes, such as firm infrastructure, human resource management, technology development, and procurement that support the primary value activities.

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Question 8

Describe the information age and the differences among data, information, business intelligence, and knowledge.

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Question 9

Demonstrate how a company can add value by using Porter's value chain analysis.

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Quiz 1: Management Information Systems: Business Driven MIS