1. Competitive Intelligence is primarily usedto:Benchmark your business against otherbusinesses in the same industry.Find the quickest way to saturate theexisting market.Find the most cost-effective way to growyour business.Analyze your company's current profitcompared to last year's profit.2. Select which statement is correct inregards to competitive intelligence.Competitive intelligence is a non-ethicalpractice.Competitive intelligence leveragestechnology to evaluate industry data.Competitive intelligence is not important aslong as your profit margins are high.Competitive intelligence is only neededwhen you first open a new business.

1. Competitive intelligence is primarily used to: a. Benchmark your business against other…

Answered: 1. Competitive Intelligence is…

1. Competitive Intelligence is primarily used to: Benchmark your business against other businesses in the same industry. Find the quickest way to saturate the existing market.

Principles of Information Systems (MindTap Course List)

12th Edition

ISBN:9781285867168

Author:Ralph Stair, George Reynolds

Publisher:Ralph Stair, George Reynolds

Chapter2: Information Systems In Organizations

Section: Chapter Questions

Problem 6DQ

See similar textbooks

Related questions

Q: What are the two types of files in general, and which are the most common? What are the primary…

A: Intro we have to discuss What are the two sorts of files that exist in general, and which are the…

Q: Differentiate between an operating system that runs on a separate computer and one that is built…

A: Introduction: Stand-alone operating systems are those which function on a desktop computer or other…

Q: A. Create a program in C++ applying FOR loop statement based on the output below: 200 170 140 110…

A: NOTE : As per Bartleby guidelines we as subject matter experts are allowed to answer only the first…

Q: Simultaneous integer multiplication is best suited for which type of program-level parallelism (data…

A: Introduction: Program-level parallelism is the process of decentralizing a single programme and…

Q: In Computer) (1 + 2 * 3) = ?

A: This will solve according to the precedence. So, in this * is having higher precedence than + so…

Q: Is it true that cloud computing eliminates all concerns regarding an organization's computing…

A: Cloud computing: Cloud computing is a type of computing that relies on computer resources sharing…

Q: What exactly is routing, and how does it function? In this essay, we will look at and compare two…

A: Introduction: Routing is selecting a path for traffic inside a network or between or across…

Q: Discuss the benefits and drawbacks of moving to an enterprise-level analytics solution for…

A: Benefits and drawbacks of moving to an enterprise-level analytics solution for enterprises and end…

Q: Using a cloud storage programme as an example, explain how a cloud storage programme differs from…

A: INTRODUCTION: Cloud storage enables users to exchange and access files remotely without requiring…

Q: A machine cycle is a four-part closed-loop process. Explain why the machine cycle is so important in…

A: Introduction: Cycle of the machine The actions followed by the computer processor in response to…

Q: A common year in the modern Gregorian Calendar consists of 365 days. In reality, Earth takes longer…

A: Q: Detect Error in program.

Q: A Microkernel OS has one benefit and one drawback over a Monolithic OS. Provide evidence to back up…

A: Introduction: A microkernel (commonly abbreviated as -kernel) is the minimal amount of software…

Q: What is the difference between carry and overflow?

A: Reasons for carry differs from overflow: CPU have flags to indicate both carry and overflow but…

Q: A Microkernel OS has one benefit and one drawback over a Monolithic OS. Provide evidence to back up…

A: Microkernel and Monolithic operating systems are types of kernel operating systems. Microkernel OS…

Q: To solve a risk situation, use the methods in Information Security Management. Computer science

A: Introduction: You'll learn about the many types of InfoSec policies and how to build and apply…

Q: What is the single most important feature of operating a hard real-time system?

A: Operating system is one of the programs or set of instructions which performs the computer function…

Q: Explain how GT may be used in the areas of design, production, and process planning. Computer…

A: Introduction: The following are some examples of how GT may be used in design, production, and…

Q: #include #include using namespace std; int main() { double weight, distance; double…

A: We need to change the coding to minimum rate 1-499kg is RM14.85.

Q: Vvvn bbb

A: Not a valid Question

Q: The efficiency of e-commerce has been boosted by two or more computer innovations.

A: Introduction: Companies may grow into new regions by using this distribution channel. E-commerce…

Q: Is it possible to deceive people today with an automaton like the Mechanical Turk? How might a Turk…

A: Fooling people with an automation: “No” it is not possible to fool the people using the technique…

Q: A hotel computes the room price as following: Taxed price = total price x ( 1 + tax rate) • Total…

A: Using scanner class to read input from user.

Q: Describe the Entity-Relationship model and its role in a database.

A: In this question we have to understand Entity Relationship model in database. Lets understand the…

Q: What exactly do you mean when you say "query optimization"?

A: Introduction: Numerous relational database management systems and other databases, such as graph…

Q: CPU Scheduling Algorithm. Pick two algorithms among the six CPU scheduling algorithms we discussed…

A: Average Waiting Time #1= 2.5

Q: 1- Write a C program that asks user input 10 numbers then print the maximum of first, second and…

A: PROBLEM 1: #include int main() zero; //PROMPT USER TO PROVIDE INPUT 10 TIMES…

Q: What exactly is a multicore processor?

A: Multicore processor: It is an integrated circuit where two or more processors are attached in…

Q: Exactly what is routeing and how does it function? Distinguish between two typical methods of…

A: Find the answer given as below :

Q: Dissect the many types of computing resource failures.

A: Introduction: Errors in the operating system (OS) is software or in the computer hardware cause…

Q: What are the various types of computer systems, and what are some instances of each?

A: Introduction: These four computer types are better discussed: Supercomputers: These are the most…

Q: Consider the following scenario: you receive an email from your company's mail server alerting you…

A: Introduction: Solution: A phishing attack is a sort of malware that involves password hacking. The…

Q: What are some of the advantages of operating systems that are not platform-specific?

A: Introduction 1. User Friendly The interface supplied via way of means of the GUI is lots extra…

Q: Describe the shared security responsibility paradigm that a dba should be aware of while going to…

A: Many of the benefits of there cloud, such as scalability, elasticity, agility, and variable pricing,…

Q: Dissect the many types of computing resource failures.

A: The Answer is in step2

Q: What advantages and disadvantages does caching disc write operations provide?

A: Disk writes are cached. Then procedure for storing files in a temporary storage area so that they…

Q: Exactly what is routeing and how does it function? Distinguish between two typical methods of…

A: Routers allude to interior directing tables to go with choices about how to course parcels along…

Q: CPU Utilization Please compute the waiting time

A: In this question we have to compute the waiting time for the given table which is having a FCFS…

Q: Your computer is protected from outside dangers via a firewall. When using packet filtering…

A: Introduction: A firewall may help protect your computer and data by controlling network traffic.…

Q: Dissect the many types of computing resource failures.

A: INTRODUCTION: Examine the various types of computer resource failures? A distributed system…

Q: What is the goal of anti-spoofing software?

A: Anti-spoofing is a technique for identifying and dropping packets that have a false source address.

Q: (1.a)A CPU-scheduling algorithm determines an order for the execution of its scheduled processes.…

A: Solution : a) It will be n just for nonprimitive! since it only does one process at a time and…

Q: What is clustering and how does it work? When it comes to data mining, what applications does it…

A: Introduction A cluster is a collection of items that all belong to the same class. For example,…

Q: Write code snippet to mimic pop instruction

A: We need to write code snippet to mimic pop instruction, return the number in rcx.

Q: Write a project to implement both Array Class and ArrayList Class functions data structure in Java

A: The Arrays class in java.util package is a part of the Java Collection Framework Java ArrayList…

Q: Describe the mechanism through which a current operating system makes use of a feature from an older…

A: UNIX: The design and functionality of Multics have had a considerable effect on the Unix operating…

Q: Analog transmission has been around for a long time, but digital transmissions are more recent.…

A: Analog transmission is a means of transmitting speech, data, images, signals, or video. It employs a…

Q: How can a single individual coordinate a distributed denial of service attack?

A: How can a single individual coordinate a distributed denial of service attack?

Q: What are the various types of computer systems, and what are some instances of each?

A: Introduction: A computer is a machine that converts raw data into useful information. It interprets…

Q: A machine cycle is a four-step procedure that is completed in a single operation. Justify the…

A: Introduction: The computer processor executes machine cycle actions in response to each language…

Q: Respond to the questions below. a. In Java, how can you stop a class from being created? b. In Java,…

A: Introduction: If you don't want any instances, making the class static is the best option. This…

Question

1. Competitive Intelligence is primarily used
to:
Benchmark your business against other
businesses in the same industry.
Find the quickest way to saturate the
existing market.
Find the most cost-effective way to grow
your business.
Analyze your company's current profit
compared to last year's profit.
2. Select which statement is correct in
regards to competitive intelligence.
Competitive intelligence is a non-ethical
practice.
Competitive intelligence leverages
technology to evaluate industry data.
Competitive intelligence is not important as
long as your profit margins are high.
Competitive intelligence is only needed
when you first open a new business.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.

Similar questions

Why do we analyze any business model? How do we see our business solution? This will provide us practical information for our company.
How we can perceive our business solution which will provide actionable insights to the business and why we will evaluate any business model. Note: Please need a short answer in 3/4 sentences.
Choose a Fortune500 business and undertake a SWOT, PEST, and Porter's Five Forces study. Choose one or more strategies to meet the organization's objectives based on the results of the analysis. Justify your selected methods.
Determine and justify the strategy that General Motors use in order to acquire a competitive advantage, using Michael Porter's framework for competitive advantages as a guide?
Question 1.1 Companies have adopted market segmentation which divides the pool of potential customers intogroups or segments; briefly explain the three (3) categories of variables to identify marketsegments.
These questions are not essay based neither they belong to bussiness operations.PLEASE ANSWER THEM. NOT AN ESSAY BASED. Which of Porter’s four competitive strategies does Apple engage in? Explain.
Define in details the terms IS and IT, How do they differ from each other? Why or what are the reasons behind the concepts from the perspective of a successful business strategy? Provide an example to support your discussion.
Select a company of your own choice from Fortune500 and conduct a complete strategic analysis including SWOT, PEST, and Porter’s Five Forces analysis. On the basis of findings drawn from aforementioned analyses, choose single or multiple strategies to achieve business goals of the organization. Please give valid justification for the chosen strategies.
discover and describe your competitive advantages by using Michael Porter's framework Competitive advantage acquired by GM via a strategy.
For what reasons and in what ways can we view our business solution to supply the company with useful insights?
Suppose 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 do a SWOT analysis: Suggest at least one strength, one weakness, one opportunity, and one threat that your business faces.
How can businesses use Porter's Five Forces framework to analyze the competitive landscape of their industry?