Essentials of MIS (13th Edition)
13th Edition
ISBN: 9780134802756
Author: Kenneth C. Laudon, Jane Laudon
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 3, Problem 7DQ
Explanation of Solution
Yes, it is agreed that the management practice that is laid with the leading –edge retailers will be considered as the major advantage for making a firm being successful.
Reason:
- Every firm is considered to have their management strategy in retaining the position in the market place.
- Firm is considered to have their own strategic management system that is suited for the business process that is undergone and the system that is designed needs to be updated based on the technological change and as well as to gain a competitive advantage for an extended period of time.
- The technological can be replicated whereas the management strategy that is laid with the company cannot be replicated or copied by other competitors.
- The success of the firm depends on the focus that is laid with the clear objective that is laid with the mission, vision and having a proper decision management system for making the firm being successful with their business process and along with the competitive edges.
Analysis:
An analysis is made below in what ways the advantages are provided based on the management perspective and technology perspective.
Advantage with the management
- There is a chance where the system implemented by the Dell and Walmart can be copied by other competitors and this is case where the argument can be made against the technology...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
The definition of IT is broadly stated to be the collection of computing systems used by an organization. Apply the definition of IT, as stated above, to an online customer-to-customer (C2C) business such as eBay. Explain how the business is conducted online in context of the C2C example you’ve chosen. What constitutes the IT necessary for them to conduct the visible aspect of their business? Why do you think is it necessary?
In your opinion, what are three concrete steps a company may take to win back the confidence of its customers?
To identify and defend the approach General Motors used to gain a competitive advantage, use Michael Porter's framework for comparative advantages.
Chapter 3 Solutions
Essentials of MIS (13th Edition)
Ch. 3.1 - Prob. 1CQ1Ch. 3.1 - Prob. 2CQ1Ch. 3.1 - Prob. 3CQ1Ch. 3.1 - Prob. 4CQ1Ch. 3.4 - Prob. 1CQ2Ch. 3.4 - Prob. 2CQ2Ch. 3.4 - Prob. 4CQ2Ch. 3.4 - Prob. 5CQ2Ch. 3 - Prob. 1IQCh. 3 - Have you ever worked with Salesforce.com? What do...
Ch. 3 - Prob. 3IQCh. 3 - Prob. 4IQCh. 3 - Prob. 1RQCh. 3 - Prob. 2RQCh. 3 - Prob. 3RQCh. 3 - Prob. 4RQCh. 3 - Prob. 5DQCh. 3 - Prob. 6DQCh. 3 - Prob. 7DQCh. 3 - Prob. 8HMPCh. 3 - Prob. 9HMPCh. 3 - Prob. 13CSQCh. 3 - Prob. 14CSQCh. 3 - Prob. 15CSQCh. 3 - Prob. 16CSQCh. 3 - Prob. 17MLMCh. 3 - Prob. 18MLM
Knowledge Booster
Similar questions
- ANALYZE THE VENDOR BY USING GARTNER'S MAGICAL QUADRANT: CASE STUDY PROBLEM STATEMENT: without coping and past help me for this Suppose you are working as an IT manager at Super Dolls .Super dolls is a toy manufacturing company which is in the business for the past two decades. The manufacturing unit is situated in Riyadh, while its sales and marketing are spread over a large geographical area, especially in the major cities across the country. Over the years, a number of competitors have jumped in the field. Far from child's play, the company found that the toys' sector is a tough business and they are facing many problems. One of the major problems is delays; Thus the Company decides to implement an ERP system. Q.No.A: Consider the vendors you have been introduced with- in this module and evaluate them by using Gartner's magical quadrant. Focus on tomorrow Executes well today, may dominate large segment, but doesn't understand market direction. Executes well today, well positioned for…arrow_forwardAnswer ALL questions based on the following Case Study Stanley manages an import company, which employs over 50 people with a range of imported kitchenware. These products have a very low profit margin and, as a result, Stanley makes his profits on the volume of products sold. His customer base is comprised of large retail outlets (approximately 75% of his product sales) and the more traditional family-owned hardware stores (the remaining 25%). He does not sell directly to the public. Stanley's sales have consistently increased by an average of 15% over each of the last 4 years since 2022, including during the recent pandemic. This is mainly because he can still offer his imported products at competitive prices. However, his actual profit has not increased correspondingly. The company's information systems is manual since Stanley took the company over from his father, almost nine years ago. These legacy systems were originally developed in the early nineties and were written for his…arrow_forwardOrganovo is now a private corporation, however the National Science Foundation and the National Institutes of Health provided funding for much of the research that resulted in the patents that the company currently has. Is it fair that Qrganovo and its investors to reap the financial benefits of this study as the sole beneficiaries? What is the reason for this or why is it not?arrow_forward
- For your company, you are creating a brand new piece of machinery. Your company will have an edge over the competition thanks to this bizarre idea. The CEO of the firm is keen on patenting your innovative invention. To the company's owner, please explain: How can I protect the proprietary information contained inside a cutting-edge piece of machinery? Provide details.arrow_forwardMicrosoft was a pioneer in the development of tablet computers (including the iPad), and the company has dominated the market for operating systems and mobile applications for more than 20 years. Please provide five reasons why Microsoft has not achieved the same level of success as Apple. The consensus among industry observers is that Microsoft's workforce of 118,584 is comparable to that of Apple.arrow_forwardSome companies are increasingly using "soft amenities" (such as free or low-cost on-site childcare, gyms, massages, and restaurants) to woo and keep talented workers. One of the many benefits of working at Google is the complimentary meals provided to employees. How do these rewards affect firms and workers, respectively, and what are the pros and cons? Would you consider working for that firm if they offered these perks? What do you believe may be the cause of that? Isn't there something to be said about gamification, the process of using game elements like as points, badges, and leaderboards to motivate people?arrow_forward
- Organovo is now a private corporation, however the National Science Foundation and the National Institutes of Health provided funding for much of the research that resulted in the patents that the company currently has. Is it fair that Organovo and its investors to reap the financial benefits of this study as the sole beneficiaries? What is the reason for this or why is it not?arrow_forwardRead the following Case Study Leah Jones is the IT manager at Rock Solid Outfitters, a medium-sized supplier of outdoor climbing and camping gear. Steve Allen, the marketing director, has asked Leah to develop a special web-based promotion. As Steve described it to Leah, Rock Solid will provide free shipping for any customer who either completes an online survey form or signs up for the Rock Solid online newsletter. Additionally, if a customer completes the survey and signs up for the newsletter, Rock Solid will provide a $10 merchandise credit for orders of $100 or more. Leah has asked you to develop a decision table that will reflect the promotional rules that a programmer will use. She wants you to show all possibilities. 1) create decision treearrow_forwardRead the following Case Study Leah Jones is the IT manager at Rock Solid Outfitters, a medium-sized supplier of outdoor climbing and camping gear. Steve Allen, the marketing director, has asked Leah to develop a special web-based promotion. As Steve described it to Leah, Rock Solid will provide free shipping for any customer who either completes an online survey form or signs up for the Rock Solid online newsletter. Additionally, if a customer completes the survey and signs up for the newsletter, Rock Solid will provide a $10 merchandise credit for orders of $100 or more. Leah has asked you to develop a decision table that will reflect the promotional rules that a programmer will use. She wants you to show all possibilities. 1) create the basic decision table 2)Leah has seen your decision table and thinks it could be simplified to eliminate any combinations that would be unrealistic or redundant. How will you proceed?arrow_forward
- These questions are not essay based neither they belong to bussiness operations.PLEASE ANSWER THEM. NOT AN ESSAY BASED. Steve Jobs passed away in October 2011. Until his death, he had been the heart and soul ofApple’s innovation. Today 115,000 Apple employees continue onward in his absence. A hugequestion for many investors in whether the company can be successful without him. What doyou think? What role did Jobs play? How can Apple respond to his loss? Would you be willing toinvest in Apple without his leadership? Why or why not?arrow_forwardSuppose you own a travel agency in a large city. You have many corporate clients, but growth has slowed somewhat. Some long-term employees are getting discouraged, but you feel that there might be a way to make technology work in your favor. Use your imagination and suggest at least one strength, weakness, opportunity, and threat that your business faces.arrow_forwardDunkin’ Donuts has a strong following of customers around the world who rely on the restaurantchain’ s coffee, donuts, and other baked goods to get their day started. Established in 1950, Dunkin’ Donutsstill uses the original proprietary coffee blend recipe created by its founder William Rosenburg, but whatstarted as a small donut shop in Quincy, Massachusetts, has grown into a global business generating morethan $800 million in revenue in 2015. And as the restaurant chain has grown, its business operations havebecome increasingly sophisticated.Today, Dunkin’ Donuts franchises are backed up by complex supply chain managed by NationalDCP (NDCP) the exclusive supply chain management cooperative for more than 8,900 Dunkin’ Donutsstores in the United States an 51 other countries. Founded as a membership cooperative I 2012 with themerger of five regional food and beverage operating companies, NDCP’ s mission is to support the dailyoperations of Dunkin’ Donuts franchisees and facilitate…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningFundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
- Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781285867168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning