Exam (elaborations)
System Administration Chapter 1 The Information Systems Strategy Triangle
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- NUR 513 Chapter 18 Questions And Answers 2024.
System Administration Chapter 1 The Information Systems Strategy Triangle
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System Administration Chapter 1The Information Systems Strategy
Triangle
What is a "Strategy?" - ANS--Coordinated set of actions to fulfill objectives, purposes, or
goals
-It sets limits on what the organization seeks to accomplish
Starts with a mission
Mission - ANS-A clear and compelling statement that unifies an organization's efforts
and describes what the organization is all about is called its
What is a business strategy? - ANS-It is where a business seeks to go and how it
expects to get there
(It is not a business model, although it includes business models as one component of a
business strategy
Business models include subscriptions, advertising, licenses, etc.
Business models do not include where the business seeks to go, and only the revenue
portion of how it expects to get there)
Michael Porter: - ANS-How businesses can build a competitive advantage
Three primary strategies for achieving competitive advantage: - ANS-1-Cost leadership
- lowest-cost producer.
2-Differentiation - product is unique.
3-Focus - limited scope - can accomplish this via cost leadership or differentiation within
the segment
Strategic Advantage for Apple - ANS-differentiation
- target industry wide
- uniqueness perceived by the customer
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