How does IT help a company's business processes and decision-making while still giving it a competitive advantage?
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How does IT help a company's business processes and decision-making while still giving it a competitive advantage?
Step by step
Solved in 2 steps
- What problems is a company likely to experience without such strategies in place?Why do businesses in highly competitive industries and markets all too often mimic the actions of their more successful competitors?What characteristics help companies gain competitive advantage in the marketplace?Does every company acquire a competitive advantage?
- How can a company effectively balance the need for investor protection with the pressure to generate profits in the management decision-making process?What are the key elements of the business environment, and how do they influence the decision-making process within an organization?How can a company measure the effectiveness and efficiency of its business processes?