Which of the following factors increases the power of suppliers?
A) disruptive innovation
B) high switching costs
C) low-scale operations
D) lack of competitive advantage
Q. 2Often, the only logical choice for the implementation of small systems is a direct implementation strategy.
Indicate whether the statement is true or false
Q. 3McCloy-Hill, a well-known law firm in California, adopts a regular practice of documenting its client-related data daily in an electronic database.
The client-related data includes the nature of legal advice sought, revenue generated by each client, and progress on each case, among others. What type of intellectual capital does such data represent to the firm?A) venture capital
B) social capital
C) structural capital
D) human capital
Q. 4You receive an email from a reputed company claiming that it will pay you a large sum of money if you provide your bank account details. Later, you identify that the email was not sent by the company. This scenario exemplifies ________.
A) sniffing
B) keylogging
C) phishing
D) denial of service
Q. 5A phased implementation is an expensive process that launches a new system while the old one is still running.
Indicate whether the statement is true or false
Q. 6How did online markets affect the dynamics between buyers and suppliers?
A) It decreased the threat of new entrants in many industries.
B) It reduced the network effects of many products.
C) It increased the costs of switching.
D) It granted more power to the buyers.
Quick Reply
