Competitive strategy:
The organization replies the structure of the industry by choosing a competitive strategy.
- It is a long term plan for a company to gain the profit over the other competitive industry.
- It plays major role when the company is providing similar products like other vendor.
Explanation of Solution
L.L Bean’s competitive strategy:
L.L. Bean’s competitive strategy is differentiation / focus.
- L.L Bean tries to give high quality clothing and home products with full perfection.
- L.L Bean has respectable image among other competitors and customers as they provide consistently good products to the market.
Value chain:
The value in business process determines well-being and health of secure in longer run. Value chain is activities where to create a value of customers.
Tasks accomplished for each of the primary value chain activates:
L.L. Bean’s uses advertising as tool for marketing their products the customers. It also creates catalogs which holds the list of products available in their company and present a web site to attract the customers. They present their products in a well-designed display. This activity will enhance more customers to choose their products. They also provide shipping for the customer who is buying the goods for more than USD 200.
- Inbound logistics gives the latest news about the count of the stock, warehousing, logistics, freight, and shipping.
- It also checks whether adequate product stock is available to fill customers’ orders.
- Operators are responsible for taking and filling orders rapidly and its outbound logistics are focused on timely shipments to the customer.
- Service concentrates on providing order status information to customers, handling the returned items.
Information system is a cluster of components that interact to deliver information.
L.L. Bean Business influencing the general characteristics of the information system:
- L.L. Bean Company’s information systems will emphasize order entry and processing, inventory management and shipping.
- It is responsible for managing the availability of stock, stock controlling and overseeing ordering inventory.
- It is focused on the store inventory management and distribution.
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Chapter 3 Solutions
Using MIS (10th Edition)
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- Should Momma’s use Global Hotels’ information systems or continue with its own? (In your answer, consider issues such as business profiles, business processes, system interactivity, EDI, ecommerce and the characteristics of both information systems.)arrow_forwardSuppose you were given the post of Chief Sustainability Officer (CSO) for a big firm. How would you want to be reported to? Under what conditions do you believe that having a reporting relationship with the CIO is the best option for your company?arrow_forwardAnalyze the impact of global economic factors, such as inflation, currency exchange rates, and supply chain disruptions, on the adaptability of international business models.arrow_forward
- Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning