Explain the relation between competitive strategies and information systems

What will be an ideal response?

An organization's goals and objectives are determined by its competitive strategy. Thus, ultimately, competitive strategy determines the structure, features, and functions of every information system. In short, organizations examine the structure of their industry and determine a competitive strategy. That strategy determines value chains, which, in turn, determine business processes. The structure of business processes determines the design of supporting information systems.

Business

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Method of accounting for investment holdings of less than 20 percent (investments in which the investor has little or no influence over the investee), assuming that market prices are available subsequent to acquisition. The fair value method requires that companies classify equity securities at acquisition as available-for-sale securities or trading securities.

(a) fair value method (b) swap (c) controlling interest (d) parent

Business

The NLRB prohibits any electioneering at or near the polls in a campaign

Indicate whether the statement is true or false

Business