« previous next »

Author Question: Briefly describe the concepts of value, margin, and value chain as defined by Porter. What will ... (Read 59 times)

faduma

  • Hero Member
  • *****
  • Posts: 528
on: Jul 7, 2018
Briefly describe the concepts of value, margin, and value chain as defined by Porter.
 
  What will be an ideal response?

Question 2

Which of the following is true of the challenges of international information systems (IS) management?
 
  A) Standardizing business processes is a good method to overcome the challenges posed by international IS management.
  B) Running hardware using the cloud in different countries poses a problem.
  C) The procedures for using a customer relationship management system remain the same irrespective of the country where it is used.
  D) The purpose and the scope of a system are determined in the requirement analysis stage of the software development life cycle.
Using MIS ¦ Kroenke, Boyle ¦ 10th Edition
Buy Test-Bank


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 7, 2018
Answer to Question 1

Porter defined value as the amount of money that a customer is willing to pay for a resource, product, or service. The difference between the value that an activity generates and the cost of the activity is called the margin. A value chain is a network of value-creating activities. That generic chain consists of five primary activities and four support activities.

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

faduma

  • Hero Member
  • *****
  • Posts: 528
Reply #2 on: Jul 7, 2018
TY


polinasid

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jul 7, 2018
Happy to Help


« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Palpation of Lymph Nodes, Anterior Cervical Chain Palpation of Lymph Nodes, Anterior Cervical Chain
A single base substitution leading to a single amino acid substitution in the hemoglobin beta chain A single base substitution leading to a single amino acid substitution in the hemoglobin beta chain
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
How to find the derivatives of trigonometric functions using the chain rule (Part 1) How to find the derivatives of trigonometric functions using the chain rule (Part 1)
In plant fossils, leaf margin is used to estimate mean annual temperature In plant fossils, leaf margin is used to estimate mean annual temperature
Passive Continental Margin Passive Continental Margin
Video: Erythropoietin (EPO)

For a complete list of videos, visit our video library