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21) A ________ strategy can also be referred to as a middle-of-the-road strategy. A) best-cost provider B) focused low-cost C) low-cost leadership D) broad differentiation E) focused differentiation 22) Which of the following is an implication for firms that have a threat of new entrants in their market? A) increased cost B) reduced quality C) increased demand for services D) increased price E) decreased market share 23) Reduced prices, need for increased quality, and demand for more services would result due to high ________. A) threat of substitute products from other industries B) customers’ bargaining power C) threat of new entrants into the market D) traditional rivals within the industry E) increased suppliers’ bargaining power 24) With reference to assessing value for the IS infrastructure, ________ value is the contribution an investment makes toward improving the infrastructure’s ability to enhance the profitability of the business. A) architectural B) operational C) regulatory D) compliance E) economic 25) With reference to assessing value for the IS infrastructure, architectural value is derived from ________. A) the infrastructure’s ability to enhance the profitability of the business B) an investment’s ability to extend the infrastructure’s capabilities to meet business needs today and in the future C) an investment’s impact on enabling the infrastructure to better meet business processing requirements D) assessing the extent to which an investment helps to meet requirements for control, security, and integrity as required by a governing body or a key customer E) the infrastructure’s ability to improve product quality and customer satisfaction 26) While assessing value of the IS infrastructure, “before-and-after” assessments of infrastructure characteristics such as interoperability, portability, scalability, recoverability, and compatibility can be taken to measure ________ value. A) economic B) operational C) regulatory D) architectural E) compliance 27) While assessing value of the IS infrastructure, ________ value is derived from assessing an investment’s impact on enabling the infrastructure to better meet business processing requirements. A) architectural B) regulatory C) operational D) economic E) compliance 28) While assessing value of the IS infrastructure, if we measure the impact of not investing in a particular project, we are deriving the ________ value. A) operational B) economic C) compliance D) regulatory E) architectural 29) While assessing value of the IS infrastructure, ________ value is derived from assessing the extent to which an investment helps to meet requirements for control, security, and integrity as required by a governing body or a key customer. A) architectural B) tactical C) operational D) regulatory and compliance E) economic 30) Which of the following international business strategies is associated with low degree of global integration and high degree of local responsiveness? A) global strategy B) home-replication strategy C) international strategy D) multidomestic strategy E) transnational strategy

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