Author Question: By default, for queries of two or more tables, Microsoft Access shows only those rows thathave value ... (Read 155 times)

torybrooks · **on:** Jul 7, 2018

By default, for queries of two or more tables, Microsoft Access shows only those rows thathave value matches in both tables.

Indicate whether the statement is true or false

Question 2

How does competitive strategy determine value chain structure?

What will be an ideal response?

sultansheikh · **Reply #1 on:** Jul 7, 2018

Answer to Question 1

TRUE

Answer to Question 2

Porter defined value as the amount of money that a customer is willing to pay for a
resource, product, or service. A value chain is a network of value-creating activities.
Organizations analyze the structure of their industry and formulate a competitive strategy using
that analysis. They then need to organize and structure the organization to implement that
strategy. If, for example, the competitive strategy is to be a cost leader, then business activities
need to be developed to provide essential functions at the lowest possible cost. A business that
selects a differentiation strategy would not necessarily structure itself around least-cost activities.
Instead, such a business might choose to develop more costly systems, but it would do so only if
those systems provided benefits that outweighed their risks.