Ans) Today, information technology must be conceived of broadly to encompass the information that businesses create and use as well as a wide spectrum of increasingly convergent and linked technologies that process the information. In addition to computers, then, data recognition equipment, communications technologies, factory automation, and other hardware and services are involved.
The information revolution is affecting competition in three vital ways:
It changes industry structure and, in so doing, alters the rules of competition.
It creates competitive advantage by giving companies new ways to outperform their rivals.
It spawns whole new businesses, often from within a company’s existing operations.
9. How can information systems be used to develop competitive advantage?
How can the relationship between organizational structure and business information systems give companies a competitive advantage?
Ch.2 Gaining Competitive Advantage through Information Systems (8 Qs) the questions about Management informaion system course REVIEW QUESTIONS Q1) Compare and contrast the characteristics of the managerial level of an organization. Organize your answer with (Who, What, and why). Q2) How do an organization's resources and capabilities result in a competitive advantage? Q3) Describe platform-based business model and how it co-create value. Mention six (6) created values and example for each. Q4) What is the freemium model, and how can...
Q1. Define Porter's competitive forces model and explain how it works. Also, describe how information systems can support each of these competitive strategies and give examples. How the Internet has reshaped the competitive forces and competitive advantage Q2. What ethical, social, and political issues are raised by information systems? List and describe the key technological trends that heighten ethical concerns. (b) Differentiate between responsibility, accountability, and liability.
Use Amazon company (on how that company uses IT/Information Systems to their advantage). Contrast the use of IS at the operational, managerial, and executive levels. Identify its competitive advantage.
How nanotechnology leads to disruptive competition. and how is nanotechnology related to information systems like what terms from information system relate to nanotechnology. And also can competitive advantage of nanotechnology can be sustained through information systems? Can you explain these questions in detail.
What is competitive advantage? How you can get it? How you can hold for long the competitive management ? 2) what the different between GDP and GNP
3. How can SHRM confer competitive advantage on organizations?
Describe how organizations can use accounting systems to increase efficiency and effectiveness. How can this lead to a competitive advantage in the long-term?
How can a firm gain and sustain a competitive advantage through the use of a resource based view?
describe two or three of the more important technologies or business information systems used in your organization, or in one with which you are familiar. Discuss two examples of how these business information systems are affecting the organization you selected. Be sure to discuss how individual behaviors and organizational or individual processes are changing and what you can learn from the issues encountered. Summarize what you have learned about the importance of business information systems and why managers need to...