Experiencing MIS
Experiencing MIS
8th Edition
ISBN: 9780134792736
Author: KROENKE
Publisher: PEARSON
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Chapter 3, Problem 1UYK

Explanation of Solution

a.

Analyzing the structure of the industry according to Porter’s five force model:

  • In the given condition, the comparatively strong bargaining power is required.
  • The students may have different options for finding the jobs in the summer.
  • The threat depending on the condition will be low because in the summer the demand of the students will be high...

Explanation of Solution

b.

Competitive strategy of part a:

  • The analysis done suggest that the profit margin will be low for the industry of this type...

Explanation of Solution

c.

Primary value chain activities applied to this business:

  • The primary value of the business is its raw material which is the summer jobs available for the student.
  • Depending on the interest and skills of the students the jobs will be filtered...

Explanation of Solution

d.

Business process for recruiting students:

  • For the recruitment of the students, the sales and marketing techniques are to be fully utilized.
  • A survey is done to find the jobs and the interest of the students in the summer jobs...

Explanation of Solution

e.

Information system used to support this business process in part d:

  • For the support of the business, a web based system should be used...

Explanation of Solution

f.

Explanation:

  • The process of recruitment and the web based system are used by the organization for defining the competitive planning...

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Find the error: daily_sales = [0.0, 0.0, 0.0, 0.0, 0.0, 0.0, 0.0] days_of_week = ['Sunday', 'Monday', 'Tuesday',                     'Wednesday', 'Thursday', 'Friday',                     'Saturday'] for i in range(7):         daily_sales[i] = float(input('Enter the sales for ' \                                      + day_of_week[i] + ': ')
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