QUESTION 6 2 points Save Answer True or False The Five Forces Model is the only

Question

QUESTION 6 2 points Save Answer True or False The Five Forces Model is the only business model to provide insight to this conceptual level of business O True O False QUESTION 7 2 points Save Answer True or False Information systems implementation, use, and support are only affected by factors related to the organization that implements the information system O True O False QUESTION 8 2 points Save Answer True or False The Five Forces Model captures the essence of the idea of system inputs, processes, and outputs O True O False QUESTION 9 2 points Save Answer True or False Information systems can be used to facilitate organizational ties between Five Forces Model factors O True O False QUESTION 10 2 points Save Answer True or False - Understanding governmental regulations is essential when analyzing information systems through the lense of the Five Forces Model O True O False

Explanation / Answer

1. False

Other than Five forces model, there are models like The ValueNet, The Project Prioritization Framework, SWOT Analysis, The Strategy Matrix, Force Field Analysis, Affinity Diagram that provides insights to the conceptual level of business.

2. True

3. False

Porter's Five Forces Framework is a tool for analyzing competition of a business.
It is based on five forces :-

     Threat of new entrants
     Threat of substitutes
     Bargaining power of customers
     Bargaining power of suppliers
     Industry rivalry

4. True

5. True

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