Explain how information systems can contribute to gaining competitive advantage

What will be an ideal response?


Information systems play what could be their most valuable role when they are tied closely to strategy and to the major initiatives that will help achieve competitive advantage. Information systems are a fundamental part of a company's strategic vision. The vision itself is often shaped by what these systems can achieve today and what is possible for the future.
Strategy is equally important to nonprofit organizations and government agencies, and their information systems break new ground by offering new services to the public, increasing access for all citizens, streamlining operations, reducing costs, and improving decision making.

Business

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When an on-duty lifeguard must interact with people in a pleasant and professional manner and go repeatedly into the pool even though he has severe sunburn, the lifeguard is performing empathetic labor.

Answer the following statement true (T) or false (F)

Business

Answer the following statements true (T) or false (F)

1. In a closed system, an organization's outputs are recycled to become inputs.  2. Netflix's business suffered when it failed to use an open system in its decision to introduce a large price increase while simultaneously splitting its DVD mail service from its streaming one.  3. One reason for the success of the Tommy Hilfiger clothing brand in the 1990s was maintaining a closed system with respect to young consumers' feedback by conducting research in music clubs.  4. Continuous learning in an organization is more likely to occur in an open system than in a closed one. 

Business

DFR ______.

A. refers to design for recycling B. ensures that a product functions as intended C. refers to products definitely for resale D. refers to design for refurbishing

Business

A term originally coined by William Gibson, ______ is a place that collects all the information in the world and can be accessed and entered by any capable person.

a. the Internet b. cyberspace c. real time d. virtual reality

Business