Show how ICT can be used for achievement of each of the following strategic business objectives, illustrating your answer with examples: (a) Improved decision making (b) Low-cost leadership (c) Supplier intimacy

Show how ICT can be used for achievement of each of the following strategic business objectives, illustrating your answer with examples: (a) Improved decision making (b) Low-cost leadership (c) Supplier intimacy

Fundamentals of Information Systems

9th Edition

ISBN:9781337097536

Author:Ralph Stair, George Reynolds

Publisher:Ralph Stair, George Reynolds

Chapter5: Electronic Commerce And Enterprise Systems

Section: Chapter Questions

Problem 16RQ

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Concept explainers

IT Resource Acquisition

IT resource acquisition is a vital step in project management. It involves defining the need of the projects and how to satisfy those needs. Using IT acquisition, the company can bring in the right IT resources that makes up the team. Knowing the size of the project and finding the sort of resources that are needed to fulfil the requirements of the project makes up the process of resource planning. The Project Manager may or may not be responsible for these efforts, depending upon the organization with which the person works. It will be determined by the quality of the company's work intake procedure and how firmly the administration monitors its resource pool.

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Show how ICT can be used for achievement of each of the following strategic business objectives, illustrating your answer with examples:

(a) Improved decision making

(b) Low-cost leadership

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