0
What strategic goal can Information System attain that does not involve wresting market share from competitors?
Wiki User
∙ 9y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What industries does not involve the extraction or production of raw materials or products from the earth?
Construction does not directly involve the extraction or production of raw materials or products from the Earth.
What is the difference between impact outsourcing solutions and strategic outsourcing solutions?
Impact outsourcing solutions and strategic outsourcing solutions are two distinct approaches to outsourcing with different focuses and objectives: Impact Outsourcing Solutions: Focus: Impact outsourcing solutions prioritize creating a positive social or environmental impact alongside achieving business goals. This approach emphasizes contributing to societal welfare or environmental sustainability through outsourcing activities. Objectives: The primary objective of impact outsourcing is to generate meaningful and measurable social or environmental outcomes in addition to fulfilling traditional business objectives. These outcomes may include job creation in underserved communities, support for disadvantaged populations, or environmental conservation efforts. Examples: Impact outsourcing initiatives might involve partnering with organizations that provide job opportunities to marginalized groups, such as people with disabilities or individuals from economically disadvantaged backgrounds. Companies may also choose impact outsourcing to support initiatives related to sustainability, such as eco-friendly manufacturing processes or renewable energy projects. Strategic Outsourcing Solutions: Focus: Strategic outsourcing solutions prioritize achieving specific business objectives, such as cost reduction, enhanced efficiency, access to specialized expertise, or flexibility in resource management. This approach aims to optimize business operations and gain competitive advantages through outsourcing. Objectives: The primary objective of strategic outsourcing is to improve organizational performance, streamline processes, and focus internal resources on core competencies. Companies strategically outsource non-core functions or tasks to external service providers to leverage their expertise and resources effectively. Examples: Strategic outsourcing initiatives often involve contracting third-party vendors for functions such as IT services, customer support, logistics, or manufacturing. Companies may opt for strategic outsourcing to reduce operational costs, access advanced technologies, or expand into new markets without significant investments in infrastructure or personnel. In summary, while impact outsourcing focuses on creating social or environmental benefits alongside business goals, strategic outsourcing emphasizes achieving specific business objectives and optimizing operational efficiency through external partnerships. Both approaches offer unique benefits and can be tailored to suit the priorities and values of organizations.
What kind of business expense does not involve cash payments?
Barter
Why do franchises usually involve operating a service sector business?
waiting
What is home based leisure?
this is activities done at home that does not involve time travelling.
What is the strategic role of an information system in business?
The strategic role of an information system is to provide support for:The business process and operations: An 'Information System' helps managers to conduct daily activities and functions properly. For example in a bank different activities, which involve but are not limited to: account creation, the withdrawal of money, statement generation among others, the Information System helps mangers to conduct such activities accurately and in a timely manner with the help of different software.Decision making in terms of employees and managers: An Information System can simply be defined as: "input -> process -> information". An Information System will take data as an input and process it thus generating information. Managers can then use this information for to better their organisation. As an example, an Information System can analyse existing historical data about customers in a bank and generate information such as which customers were 'good', which were 'bad' as well as other attributes, Managers could then use this information while deciding to provide a loan for new customers, whether it be the restrictions thereof, the amount the loan is for or even whether a loan can be given at all support in making strategic decision for competitive advantages. IS can give information like which items to launch in which location by analysing data collected from different sources such that company can have advantage by using these information over their competitors. IS also can help business houses in conducting their business process differently than their competitors.
Is cod black ops a good thinking game?
CoD Black Ops does involve a small degree of strategic thinking but unless you're a strategic player, generally not.
What was Amelia Earhart's leadership style?
Amelia Earhart's leadership style was strategic strategic : is a leadership style where managers are less directive and involve employees in decision making.
What issues involve collecting storing and disseminating information about individuals?
What issues involve collecting, storing, and disseminating information about individuals.
How do you use information systems to beat your competitors?
Knowledge of what your competitor is doing or planning to do is the only way to beat your competitor. This would involve stuff like their current clients, prices, and also stuff like their future plans about their products, etc. All this is possible only through good information systems.
What are strategic implications?
Strategic implications refer to the potential outcomes or consequences of a strategic decision or action for an organization. They involve assessing how a decision will impact the overall direction, performance, competitiveness, and sustainability of the organization. Understanding strategic implications helps leaders make informed choices that align with broader organizational goals and objectives.
How is strategic planning carried out at different level of organization?
Strategic planning must be carried at different levels of an organization in order for a successful business to thrive. The steps of strategic planning involve creating a plan, and identify strategies to enable a solid foundation for the business to grow.
What level of ORM is generally used in high priority or high visibility situations that involve complex or risky efforts?
Strategic
Does records and information management involve organizing information for retrieval?
Yes.
Which of these does evaluation involve?
Making judgments about information
What issues involve who obtain information and how much they should pay for this information?
Privacy
What information does a invoice address involve?
Invoice address
