« previous next »

Author Question: Briefly describe the concepts of value, margin, and value chain as defined by Porter. What will ... (Read 58 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 60,000 miles of blood vessels in every adult human.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Biomagnification in a Lake Ontario food chain. Biomagnification in a Lake Ontario food chain.
Convergent Margin—Aleutian Trench, Alaska Convergent Margin—Aleutian Trench, Alaska
The electron transport chain. The electron transport chain.
How to describe transformations of a sinusoidal function (y=a*sin⁡b(x−c)+d) How to describe transformations of a sinusoidal function (y=a*sin⁡b(x−c)+d)
Find derivative using chain rule Find derivative using chain rule
Describe the Conceptual Forecasting Framework in your own words. Describe the Conceptual Forecasting Framework in your own words.
Video: Parkinson's Disease

For a complete list of videos, visit our video library