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Concept explainers
Explanation of Solution
a.
Structure of the industry as per the Porter’s five forces model:
In the given scenario, the customers (student) have strong bargaining power.
- The student has various options for finding the job. They can surf on the internet for availability of jobs, register to some job portal, seeing the advertisement in the newspaper.
- The threat of substitution may be low as the students have more demand in the summer work.
- As the student tries to spend the summer vacation effectively in doing some summer jobs...
Explanation of Solution
b.
Recommending competitive strategy:
After analyzing the part “a”, it suggests that there is difficulty to achieve profit in this industry. Competing only on the cost alone will leads to problems in the industry...
Explanation of Solution
c.
Primary value chain activities applied to the business:
- Inbound logistics refers to acquiring the available jobs and organizing them in a particular manner which will help them to match the student skills. It is organized based on the job opportunities and requirements. Making some arrangements to the customer that makes them easier to contact them and provide information about job opportunities...
Explanation of Solution
d.
Business process for recruiting students:
As a marketing and sales technique, the student qualification and their capability towards the performance for the job is determined by testing the skills and interest survey...
Explanation of Solution
e.
- A Web-based system uses the Internet web technologi...
Explanation of Solution
f.
Effects in competitive strategy by process in part d and system in part e:
The business process which has been used above is one of the ways to distinguish itself from the competition. This process may enhance the service and lead their company to attain good level...
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Chapter 3 Solutions
Using MIS (10th Edition)
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- Perceptual acuity, according to Ram Charan, explains how Ted Turner became the first CEO to recognize the potential of 24-hour news and thereby created CNN. a) True b) Falsearrow_forwardAs described in Learning from Mistakes, the failure of the A380 to reach its sales goals was due to Multiple Choice: a) misunderstanding of supplier demands. b) good selection of hotel in the sky amenities. c) changes in customer demands. d) lack of production capacity.arrow_forwardNumerous equally balanced competitors selling products that lack differentiation in a slow growth industry are most likely to experience high: a) intensity of rivalry among competitors. b) threat of substitute products. c) threat of new entrants. d) bargaining power of suppliers.arrow_forward
- A Dia file has been created for you to extend and can be found on Company.dia represents a completed ER schema which, models some of the information implemented in the system, as a starting point for this exercise. Understanding the ER schema for the Company database. To demonstrate that you understand the information represented by the schema, explain using EMPLOYEE, DEPARTMENT, PROJECT and DEPENDENT as examples: attributes, entities and relationships cardinality & participation constraints on relationships You should explain questions a and b using the schema you have been given to more easily explain your answers. Creating and Extending Entity Relationship (EER) Diagrams. To demonstrate you can create entity relationship diagrams extend the ER as described in Company.dia by modelling new requirements as follows: Create subclasses to extend Employee. The employee type may be distinguished further based on the job type (SECRETARY, ENGINEER, MANAGER, and TECHNICIAN) and based…arrow_forwardComputer programs can be very complex, containing thousands (or millions) of lines of code and performing millions of operations per second. Given this, how can we possibly know that a particular computer program's results are correct? Do some research on this topic then think carefully about your response. Also, explain how YOU would approach testing a large problem. Your answer must be thoughtful and give some insight into why you believe your steps would be helpful when testing a large program.arrow_forwardCould you fix this? My marker has commented, What's missing? The input list is the link below. https://gmierzwinski.github.io/bishops/cs321/resources/CS321_Assignment_1_Input.txt result.put(true, dishwasherSum); result.put(false, sinkSum); return result; }}arrow_forward
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