[SOLVED] CS chain Module 5 lecture recording focus questions.

Module 5 lecture recording focus questions.
As you watch module 5, answer the following questions. Completing these questions will provide a summary of module 5 key points.

In your own words what is competitive advantage?

What are the 5 groups of economic environment stakeholders for organizations?
What is competition a result of?

List Porters five competitive forces?What is meant by saying low or high force?

What are four broad competitive strategies?Give an example of each
What is a value chain?
What is the difference between primary and support activities in a value chain?
Are inbound logistics primary or support?
What are the two other chains aside from the value chain given in the module.
What is the difference between goods and services?How do goods and services relate to value?
What role does an information system play in gaining competitive advantage.