Role of Information Systems in Business Strategy
Studied by 0 people
Call Kai
Learn
Practice Test
Spaced Repetition
Match
Flashcards
Knowt Play1/13
There's no tags or description
Looks like no tags are added yet.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai |
|---|
No analytics yet
Send a link to your students to track their progress
14 Terms
Information Systems
Tools supporting strategic, tactical, and operational goals.
Strategic Plans
Answer the 'Why' of organizational direction.
Tactical Plans
Address the 'What' of specific product decisions.
Operational Plans
Answer 'How', 'When', 'Who', 'Where' questions.
Complementary Assets
Enhance value from primary investments in technology.
Investment Returns
Expected superior outcomes from IT investments.
Productivity Increases
Boost in efficiency and output from investments.
Revenue Growth
Increase in income resulting from strategic actions.
Long-term Positioning
Strategic advantage maintained over extended periods.
Uncertainty in Returns
Variability in expected outcomes from investments.
Resource Management
Allocation of people and funds for projects.
System Selection
Choosing appropriate technology for organizational needs.
Process Improvement
Enhancements to operational efficiency and effectiveness.
Training Programs
Initiatives for skill development and employee retention.
Note 
Flashcards (85)