Exam (elaborations)
Ch. 1_ The Information Systems Strategy Triangle
Ch. 1_ The Information Systems Strategy Triangle
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Ch. 1: The Information Systems StrategyTriangle
BusinessOrganizationalInformation - ANS-What are the three components of the
Information Systems Strategy Triangle?
Strategy - ANS-Coordinated set of actions to fulfill objectives, purposes, or goals.
sets limits - ANS-A strategy __________________ on what the organization seeks to
accomplish.
mission - ANS-A strategy begins with a ________________.
Business Strategy - ANS-It is where a business seeks to go and how it expects to
get there.
Business Models - ANS-__________________ do not include where the business
seeks to go, and only the revenue portion of how it expects to get there.
Cost Leadership
Differentiation
Innovation
Growth
Building Alliances - ANS-What are 5 ways to GAIN competitive advantages?
Hypercompetition - ANS
Creative Destruction - ANS
Porter's Generic Strategies - ANS-Firms achieve competitive advantage through cost
leadership, differentiation, or focus.
Dynamic Environment Strategies - ANS-Speed, agility, and aggressive moves and
countermoves by a firm create competitive advantage.
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