EBK USING MIS
10th Edition
ISBN: 8220103633642
Author: KROENKE
Publisher: YUZU
expand_more
expand_more
format_list_bulleted
Expert Solution & Answer
Chapter 3.8, Problem 3.1ARQ
Explanation of Solution
Diagram:
The relationship between industry structures, competitive strategy, business processes, value chains and information systems are represented in a diagrammatic way.
Relationship between the processes:
| Industry structure | To determine the industry profitability. |
| Competitive strategy | Sequence of events for achieving organization goals. It has a group tasks which are related to one another. |
| Value chains | The value in business process determines well-being and health of secure in long run. Value chain is activities where to create a value of customers. |
| Business processes | Business process is a series of events for achieving organization goals. It has a group tasks which are related to one another. |
| Information systems |
|
| Information | Information helps an MIS to exit an organization. |
Five Forces in Industry structure:
- Bargaining power of customers
- Threat of substitutions
- Bargaining power of suppliers
- Threat of new entrants
- Rivalry
Bargaining power of customers:
It is described as market of output. The customer can buy the products from many suppliers, so the buyer has alternative option.
Threat of substitutions:
The first force is threat of substitution. It affects the customers to found different way of what you do. It uses different technology to achieve the same economic need.
Bargaining power of suppliers:
It is described as market of input. The person who makes the product will sell on the flour. There is no option to buy from others.
Threat of new entrants:
The people may affected by the entry to your market. If the new competitor enters into your market with more wealth, then they will quickly weaken your position...
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
What are the two errors in my pseudocode?Module getAverage(Integer value1, Integer value2, Integer value3)
Declare Integer average
average = value1 + value2 + value3 / 3
Display average
End Module
Where did I make an error in my pseudocode module???Code:Module main()
Call raiseToPower(2, 1.5)
End main
Module raiseToPower(Real value, Integer power)
Declare Real result
Set result = value ^ power
Display result
End raiseToPower
Why does my pseudocode not perform what I asked? Don't know whats wrong with it.// This program asks the user to enter a value
// between 1 and 10 and validates the input.
Declare Integer value
// Get a value from the user.
Display "Enter a value between 1 and 10."
Input value
// Make sure the value is between 1 and 10.
While value < 1 AND value > 10
Display "ERROR: The value must be between 1 and 10."
Display "Enter a value between 1 and 10."
Input value
End While
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
Similar questions
- What's wrong with my pseudocode? // The calcDiscountPrice function accepts an item’s price and // the discount percentage as arguments. It uses those // values to calculate and return the discounted price. Function Real calcDiscountPrice(Real price, Real percentage) // Calculate the discount. Declare Real discount = price * percentage // Subtract the discount from the price. Declare Real discountPrice = price – discount // Return the discount price. Return discount End Functionarrow_forwardNeed help converting my pseudocode to python, AND have a flowchart showing everything!The code: Function getScore() // Prompt the user to enter a test score Display "Enter a test score as a percentage (0-100): " Input score // Return the score entered by the user Return scoreEnd Function Function getGPAPoint(Integer score) // Determine GPA point based on the score If score >= 90 Then Return 4.0 Else If score >= 80 Then Return 3.0 Else If score >= 70 Then Return 2.0 Else If score >= 60 Then Return 1.0 Else Return 0.0 End IfEnd Function Function getAverage() // Initialize variables to store the sum of scores and GPA points totalScore = 0 totalGPA = 0.0 // Loop to collect 5 test scores For i = 1 to 5 Do score = getScore() // Call getScore function to get a test score totalScore = totalScore + score // Add score to totalScore gpaPoint = getGPAPoint(score) // Convert…arrow_forwardWhere did I make an error in my pseudocode module???Code:Module main() Call raiseToPower(2, 1.5) End main Module raiseToPower(Real value, Integer power) Declare Real result Set result = value ^ power Display result End raiseToPowerarrow_forward
- I need help writing pseudocode for calculating class score average by putting in 5 test scores, and showing the average from all 5 inputs and the GPA score.Starting with 3 functions outside of a main module. The functions are getScore(), getGPAPoint(Integer score), and getAverage(). Function getscore is an input for a grade as a class percentage. Function getGPAPoint will calculate the score into a GPA point and return as a float (values of 90-100 as 4.0, 80-89 as 3.0, 70-79 as 2.0, 60-69 as 1.0, and anything below 60 as 0.) Function averageGPA will finally make a call to both previous functions when the user inputs numbers 5 times that then calculates the average (add up all the scores, divide by 5) and the average grade alongside displaying the average GPA. End result is a main module that makes a proper call to the averageGPA function and display its results. Need help with this!arrow_forwardPlease original work Why is integration between data collection and business analysis so important to success in an organization that uses business analytics? How can a company that is just starting to use business analytics set up its program for success right from the beginning? Please cite in text references and add weblinksarrow_forwardHow to make a 1 bit adder with CLA?arrow_forward
- I need help writing pseudocode for this function. The following pseudocode statement calls a function named half, which returns a value that is half that of the argument. (Assume both the result and number variables are Real.) Set result = half(number)arrow_forwardNeed help converting my pseudocode to python, AND have a flowchart showing everything!The code:Main Module Call InputModuleEnd Main Module Module InputModule // This module gets input from the user Declare Principal, AnnualRate, Years as Float Output "Enter the Principal amount (P): " Input Principal Output "Enter the Annual Interest Rate (in percentage, e.g., 5 for 5%): " Input AnnualRate Output "Enter the number of Years to repay the loan: " Input Years Call DisplayPayment(Principal, AnnualRate, Years)End Module Module DisplayPayment(Principal, AnnualRate, Years) // This module calculates and displays the monthly payment Declare R, N as Float Declare MonthlyPayment as Float Declare PowerFactor as Float // second local variable // Calculate monthly interest rate R and number of months N Set R = (AnnualRate / 100) / 12 Set N = Years * 12 // Calculate PowerFactor = (1 + R)^N Set PowerFactor = (1 + R) ^ N // Calculate…arrow_forwardWhats wrong with my pseudocode? Where did I make an error?Code: Module main() Declare Real mileage Call getMileage() Display “You’ve drive a total of “, mileage, “ miles End Module Module getMilage() Display “Enter your mileage: “ Input mileage End Modulearrow_forward
- I need help!! Writing a long pseudocode for a modular program that will display the monthly payment on a mortgage. P=Principal amount borrowed (loan)R=Rate of interest computed for each monthN=Number of months to pay back the loan or mortgageThe help I need is creating a module that you can input the principle, rate of percentage, and years to repay the loan, and another module "displaypayment" that accepts the 3 values and calculates the monthly payment needed for the rates. Lastly 2 local variables needed!Equation:Monthly Payment=[(R*(1+R)^N)/((1+R)^N-1)]*Parrow_forwardTwo pseudocode questions I need help with: How do I design a module called findSum that will display the sum of two integer passed by parameter, and a module called findArea that will display the area of a rectangle when passed 2 real values for the length and width of the rectangle?arrow_forwardFor the pseudocode module, what is displayed with the call findValue(1, 4, 2)?Module findValue(Integer a, Integer b, Integer c) Declare Integer value value = b + c - a Display valuearrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Systems Analysis and Design (Shelly Cashman Serie...Computer ScienceISBN:9781305494602Author:Scott Tilley, Harry J. RosenblattPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781305971776Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Fundamentals of Information SystemsComputer ScienceISBN:9781337097536Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Principles of Information Systems (MindTap Course...Computer ScienceISBN:9781285867168Author:Ralph Stair, George ReynoldsPublisher:Cengage Learning
Information Technology Project ManagementComputer ScienceISBN:9781337101356Author:Kathy SchwalbePublisher:Cengage Learning
Systems Analysis and Design (Shelly Cashman Serie...
Computer Science
ISBN:9781305494602
Author:Scott Tilley, Harry J. Rosenblatt
Publisher:Cengage Learning
Principles of Information Systems (MindTap Course...
Computer Science
ISBN:9781305971776
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
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
Information Technology Project Management
Computer Science
ISBN:9781337101356
Author:Kathy Schwalbe
Publisher:Cengage Learning