Create a competitive advantage

Assignment Help Management Information Sys

Reference no: EM133211462

Assignment:

1. Many retailers, including Walmart, have asked their suppliers to install RFID systems to help increase the efficiency of their (the retailers') supply chains. Given that RFID systems are expensive for the suppliers to install and various RFID standards exist that can limit the transferability of one RFID system to other business partners, what is the most likely impact on supplier power?

Impossible to tell
Supplier power decreases
No effect on supplier power
Supplier power increases

2. Information technology (IT) can help a company create a competitive advantage; what is the caveat?

IT makes collecting and analyzing market data difficult.
IT needs to be integrated into the business strategy.
IT tends to make business processes more expensive
IT-based competitive advantages are extremely short-lived.

3. The advent of the internet and online services, such as Yelp that provide a platform for customer reviews and ratings of products and services have most likely impacted buyer power how?

Decreased buyer power
Had no effect
Increased buyer power
Impossible to tell

4. The advent of the internet and online services, such as Yelp that provide a platform for customer reviews and ratings of products and services have most likely impacted buyer power how?

Decreased buyer power
Had no effect
Increased buyer power
Impossible to tell

5. In the context of information systems (IS)-strategic planning, what describes various approaches to governance and practices for IS management?

IS assessment
Strategic IS initiatives
IS guidelines
IS vision

Stuck on these study guide questions can anyone help me please!

Reference no: EM133211462

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