EBK USING MIS
10th Edition
ISBN: 9780134658919
Author: KROENKE
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Concept explainers
Expert Solution & Answer
Chapter 3, Problem 3.14MML
a.
Explanation of Solution
Analysis of five competitive forces:
The analysis of five competitive forces are given below:
- Threat of substitutes:
- There is a weaker force from substitutes to the firm Fired up as there are only few alternatives to camp stoves for cooking on camping trips
- Threat of New entrants into the industry:
- It is a weaker force as Fired Up has a unique product with patent protection...
b.
Explanation of Solution
Competitive strategy of YourFire:
The company aims for differentiation of their product and focuses on niche segment of the market...
c.
Primary value chain activities which pertain to YourFire:
Explanation of Solution
The primary value chain activities involve inbound and outbound logistics, marketing, sales, services, and operations.
- Inbound logistics comprises of procurement of raw materials and organizing them so that finished goods are produced efficiently.
- Outbound logistics comprises of shipping and finishing the stove to the end users.
- Marketing and sales involves building awareness about the product to the customers and adding new customers...
d.
Explanation of Solution
Business process that YourFire needs to implement its marketing and sales and service:
Fired Up build the strong marketing and sales force in order...
e.
Explanation of Solution
Information system is one the main support for a budding business.
- Fired Up must build web...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Mary works at XYZ Corp. XYZ corp. makes racing wheelchairs, which are used in track based racing competitions. Mary is reviewing a design concept that could make the wheelchair faster in a race but more prone to failure when descending stairs. Should Mary add the feature to the product?
Ahmed works at a phone manufacturing company as a product designer. He is required to clear all ideas through Hamad his boss before he can present them to the company. One day. Ahmed shared with Hamad his new phone design. Hamad said he would review the design and get back to him. Hamad did not get back to Ahmed with feedback on his design, however, when the
company met one week after, Hamda presented Ahmed's desien as his own.
From the above case studies, discuss the intellectual property problem that arises here. How Ahmad protect his invention from this problem?
It Ahmed resigns from the company, what can the company do to protect the trade secrets he had learned from the company:
You're in the process of creating a brand new machine for your company. Odd idea provides your company a leg up on the competition. The CEO of the firm is keen in patenting your innovative creation. Please brief the company's owner on the following: How can we ensure that the ideas behind a groundbreaking gadget remain protected? In other words, you need to be specific.
Chapter 3 Solutions
EBK USING MIS
Ch. 3.3 - Prob. 1EGDQCh. 3.3 - Prob. 2EGDQCh. 3.3 - Prob. 3EGDQCh. 3.3 - Prob. 4EGDQCh. 3.7 - Prob. 1TARQCh. 3.7 - Prob. 2TARQCh. 3.7 - Prob. 3TARQCh. 3.7 - Prob. 4TARQCh. 3.8 - Prob. 1SGDQCh. 3.8 - Prob. 2SGDQ
Ch. 3.8 - Prob. 3SGDQCh. 3.8 - Prob. 4SGDQCh. 3.8 - Prob. 3.1ARQCh. 3.8 - Prob. 3.2ARQCh. 3.8 - Prob. 3.3ARQCh. 3.8 - Prob. 3.4ARQCh. 3.8 - Prob. 3.5ARQCh. 3.8 - Prob. 3.6ARQCh. 3.8 - Prob. 3.7ARQCh. 3.8 - Prob. 3.8ARQCh. 3 - Prob. 3.1UYKCh. 3 - Prob. 3.2UYKCh. 3 - Prob. 3.3UYKCh. 3 - Prob. 3.1CE3Ch. 3 - Prob. 3.4CS3Ch. 3 - Prob. 3.5CS3Ch. 3 - Prob. 3.6CS3Ch. 3 - Prob. 3.7CS3Ch. 3 - Prob. 3.8CS3Ch. 3 - Prob. 3.9CS3Ch. 3 - Prob. 3.10CS3Ch. 3 - Prob. 3.11CS3Ch. 3 - Prob. 3.12CS3Ch. 3 - Prob. 3.13MMLCh. 3 - Prob. 3.14MMLCh. 3 - Prob. 3.15MML
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
- Hak Young has accumulated some credit card debt while he was in college. His total debt is now $23,864.00 and his credit card charges 18% interest compounded monthly. He is getting worried about his debt and is determined to pay it off completely. Hak Young is daunted by that monthly payment amount and is trying to figure out how he can make paying off his loan more manageable. He went to his bank and found out he could get a personal line of credit that he could then use to pay off his credit card. The line of credit has an interest rate of 10.75% compounded weekly. Hak Young realizes that payment amount, even though reduced, is just not manageable based on how much he currently makes and all of the other expenses he also has to budget for. As a result he decides paying off his debt in 10 years is simply more realistic. What would Hak Young's monthly loan payments be with this new timeline? What will be the total interest paid?arrow_forwardHak Young has accumulated some credit card debt while he was in college. His total debt is now $23,864.00 and his credit card charges 18% interest compounded monthly. He is getting worried about his debt and is determined to pay it off completely. Hak Young is daunted by that monthly payment amount and is trying to figure out how he can make paying off his loan more manageable. He went to his bank and found out he could get a personal line of credit that he could then use to pay off his credit card. The line of credit has an interest rate of 10.75% compounded weekly. Assuming he still planned to pay off his debt in 5 years, what would his monthly payments to the bank be now? What will be the total interest paid?arrow_forwardEvan Anderson is the managing editor of the monthly magazine for the collegiate members of Alpha Beta Gamma National Fraternity. The Alpha Beta Gamma Record is a 16-page, two-color magazine with a circulation of 2,400. There are two large phases of publishing the magazine. The first phase encompasses those tasks which the editor, Evan, performs himself. Evan is responsible for all facets of the magazine's production, from conception to preparation for the printer. His tasks and each task's predecessor(s) are delineated in Table 1. Data from the magazine's files show the longest, most likely, and shortest time for each job; these are also presented in Table 1. Evan believes these are reasonable estimates of the maximum, most probable, and minimum times that would be encounteredarrow_forward
- Sam loves to shop and always follows the latest fashion trends. After graduating from high school, she decided to pursue a career in fashion design. After joining, he realized that the tuition fees were too high and decided to start a side business to pursue his dream. After facing various options, Sam finally decided to have a temporary fashion store in her room to cover her monthly expenses. Low on budget, Sam initially decided to set aside 1 store for his store. He made a list of N different things he could buy to keep in his store. Can you help her find a number of options for at least 1 item using python language code? Input 1 2 Output 3arrow_forwardComputer Science The time has come to take control of your family business. After years of hard work at IE University, your parents believe you are ready to tackle the big challenge of transforming your company. They've heard that a new trend called digital transformation is here to stay; and that those companies that don't address this transformation run the serious risk of falling behind or even disappearing. Fortunately, they are counting on you, and they know that you have acquired the vision and experience to successfully meet this great challenge. The current company Your company is a chain of 10 restaurants operating in the 10 main cities of Spain (Madrid, Barcelona, Seville, Valencia, Malaga, .....). Your restaurants offer Spanish food with high quality products, but your family would like to incorporate certain changes in order to adapt to the new times and internationalize the business. The company has 150 employees and all the processes involved continue to be done in a…arrow_forwardIMMUNIZATION TRACKER SYSTEM “I’ve got the idea of the century!” proclaims Nana Gyamfua, a new systems analyst with Tricky Pee Business Inc group. “Let’s skip all this SDLC garbage and just prototype everything. Our projects will go a lot more quickly, we’ll save time and money, and all the users will feel as if we’re paying attention to them instead of going away for months on end and not talking to them.” George, an HR manager also thinks that building a prototype can mean only one thing: a nonworking scale model. He also believes that this way is too cumbersome to prototype information systems and thus is reluctant to do so. George is so intrigued with mobile apps and therefore after consultation with the other systems managers of Tricky Pee Business Inc, download a mobile app to track the immunization status of the child. The first action is to register with the child’s details and their own. The app fetches the latest immunization plan from a server and computes a schedule for the…arrow_forward
- Jason is a project manager for his organization, and he’s been asked to lead an XP project. This project will create a new app to rate restaurants in an area based on how romantic the restaurant is for couples on dates. Jason is meeting with his organization’s client, Sara, to discuss the requirements they’ve already identified in the project. Along with Jason, there are eight project team members. What’s the XP name for Jason and Sarah's role?arrow_forwardA Helping Hand is an Australian charity that helps people in Australia and overseas. Their work in Australia involves serving hot meals to the homeless, providing food packs to families in need and companionship to sick children and the elderly. Overseas, the charity employs a nurse to support the Naga Community in the Philippines and runs an Operational Therapy Centre to help children. The charity also runs a yearly mission where volunteers travel to various countries to deliver medical aid and support the vulnerable. The charity has identified the inefficient way in which it currently operates. This inefficiency means the charity is unable to easily maintain compliance with regulatory requirements (e.g. WWC monitoring) nor easily fill available shifts and engage with current and prospective stakeholders. To solve the issue, the charity wants to develop a website that facilitates administration (i.e. Login Creations, Registration Requests and Password Resets), Donations and…arrow_forwardA Helping Hand is an Australian charity that helps people in Australia and overseas. Their work in Australia involves serving hot meals to the homeless, providing food packs to families in need and companionship to sick children and the elderly. Overseas, the charity employs a nurse to support the Naga Community in the Philippines and runs an Operational Therapy Centre to help children. The charity also runs a yearly mission where volunteers travel to various countries to deliver medical aid and support the vulnerable. The charity has identified the inefficient way in which it currently operates. This inefficiency means the charity is unable to easily maintain compliance with regulatory requirements (e.g. WWC monitoring) nor easily fill available shifts and engage with current and prospective stakeholders. To solve the issue, the charity wants to develop a website that facilitates administration (i.e. Login Creations, Registration Requests and Password Resets), Donations and…arrow_forward
- James Kudos founded Kudos in 1984 in Melbourne, Australia, with $1,000 and a unique vision of howtechnology should be designed, manufactured and sold. More than 4.4 million customers later and withan annual IT budget of approximately $500 million per year, Kudos has made an indelible mark on thecomputer industry—and the world. The company ships more than 1,000 personal computer systemsevery day to customers in 120 countries and employs 50,000 people worldwide.Long known as one of the world’s largest manufacturers of personal computers and laptops, Kudos hasgrown into a multi-national hardware and infrastructure provider. It also provides IT services andsolutions across its branches. Rapid growth led to regionally specific expansion from country to country.Kudos ended up with unique manufacturing facilities, regional order management systems, anddifferent operating processes and systems throughout the world.Anne Smith, Kudos’s Vice President of IT Strategy, Technology & Governance,…arrow_forwardDamien Mask founded Mask in 1984 in Melbourne, Australia, with $1,000 and a unique vision of how technology should be designed, manufactured and sold. More than 4.4 million customers later and with an annual IT budget of approximately $500 million per year, Mask has made an indelible mark on the computer industry—and the world. The company ships more than 1,000 systems every day to customers in 120 countries and employs 50,000 people worldwide.Long known as one of the world’s largest manufacturers of personal computers and laptops, Mask has grown into a multi-national hardware and infrastructure provider. It also providesIT services and solutions across its branches. Rapid growth led to regionally specific expansion from country to country. Mask ended up with unique manufacturing facilities, regional order management systems, and different operating processes and systems throughout the world.Lynda Smith, Mask’s Vice President of IT Strategy, Technology & Governance, is charged with…arrow_forwardYou accepted a position at the company to lead a team of 3 multi-media developers (excluding yourself). This team will be responsible for graphic design, animations, and promotional material. Your role is to manage the team members, their hardware and software needs, and projects. Your employer asks you to assess the HARDWARE needs for the team and propose a computer configuration that would meet the functions of the team yet the least expensive. Based on the information that you were given above (and not more), do your research (internet, friends, companies, etc…) and answer the following questions (briefly but at least close to 200 words): What are the TOP two (2) MOST important computer parts you would need to consider for the team computers and why? (RAM, CPU, Graphics Card, Hard Drive, etc...) For these computer parts that you identified in the previous question, what general specifications would you recommend and why? Go to http://www.sigmawave.com/index.aspx?lang=en and use…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Fundamentals of Information SystemsComputer ScienceISBN:9781305082168Author:Ralph Stair, George ReynoldsPublisher:Cengage LearningPrinciples 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 Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781305082168
Author:Ralph Stair, George Reynolds
Publisher: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