Discuss the competitive strategy concepts that the organisation can adopt to remain competitive.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter18: Management Of Technology And Innovation
Section: Chapter Questions
Problem 1CTQ: What factors contributed to Novartiss invoice processing being so complex?
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Companies Making IT A Competitive Advantage
All enterprises, regardless of what they produce or the services they deliver, are really information businesses. The
accuracy, speed and precision of IT systems means the difference between winning or losing customers, keeping supply
chains profitable, and solidly translating new concepts into revenue-producing products and services. The world’s best-run
services businesses have customer-driven IT as part of their DNA; it is very much who these companies are internally.
Source: https://www.forbes.com/sites/louiscolumbus/2013/04/01/21-most-admired-companies-making-it-a-competitiveadvantage/?sh=6ed0468333cb 

Question 1 
An organisation can survive and succeed in the long run if it successfully develops strategies to confront the five
competitive forces that shape the structure of competition in its industry. From an information systems perspective, the tool
provides further pointers towards how IS can be used to benefit the business.


Discuss the competitive strategy concepts that the organisation can adopt to remain competitive. 

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