In what respect does business strategy resemble military strategy?
Answer to relevant QuestionsRefer to Chapter 1’s discussion of different types of information systems. Which types of ISs can gain strategic advantage and which cannot? Why? What does the term “first mover” mean?Suppose you are a venture capitalist considering a proposal to invest millions of dollars in a new online business. What questions would you ask the enthusiastic young people who have approached you for funds?Some argue that an SIS gives a company an unfair advantage and might even cause the demise of smaller, weaker companies that cannot afford to build similar systems. Is this good or bad for customers? Explain your opinion.What is the purpose of cost accounting ISs?
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