Category: Uncategorized

Sandy Fiero works as the chief knowledge officer for Bend Lumbar Company. She has been given the responsibility to create a product or service that will bring an added value to its customers to increase the company’s revenue. Sandy determines that the best value she can add is by creating a service that offers free next day shipping on any order over $50. Where in the value chain is Sandy adding value?

Your boss, Penny Dirks, has asked you to analyze the airline industry using Porter’s three generic strategies. Which of the following companies are using a focused strategy?

The business decisions made by the operations management department include manufacturing data, distribution data, and production data.

Your boss, Kerry Miller, has asked you to analyze the soft drink industry using Porter’s Five Forces Model. Which of the following represents a threat of a new entrant in the soft drink industry?

Many CPOs are lawyers by training, enabling them to understand the often complex legal issues surrounding the use of information.

The Victory Wireless store in Denver is currently offering a fabulous marketing strategy for potential new iPhone customers. Victory Wireless offers customers who purchase an iPhone with a 2-year subscription a free Otter phone case, car charger, ear phones, and speakers. In terms of Porter’s Five Forces what is Victory Wireless attempting to achieve with this marketing strategy?

If you were thinking about a washing machine as a system, which of the following represents the outputs?

Which of the following analyzes a company’s business processes and is useful for determining how to create the greatest possible value for customers?

The lettuce, tomatoes, patty, bun, and ketchup are included in which category of making a hamburger?

The business decisions made by the accounting department include transactional data, purchasing data, payroll data, and tax data.