Information systems enhance core competencies by:

A(n) …………….. is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market.

The value chain model classifies all company activities as either primary or support activities.

Sociotechnical changes affecting a firm adopting new information systems requiring organizational change can be considered:

The law of diminishing returns only applies to digital products.

The expenses incurred by a customer or company in lost time and resources when changing from one supplier or system to a competing supplier or system are known as:

The idea that the more any given resource is applied to production, the lower the marginal gain in output, until a point is reached where the additional inputs produce no additional value, is referred to as:

The parts of an organization's infrastructure, human resources, technology, and procurement that make the delivery of the firm's products or services possible are known as ……….. activities.

In the value chain model, support activities are most directly related to the production and distribution of the firm's products and servic which create value for the customer.

Switching costs increase when customers are strongly linked to products and platforms.

High product differentiation is a sign of a transparent marketplacE.