Question: Considering the following Business Value schematic, choose the correct statement: I) From a business perspective, IS are part of a series of value-adding activities for

Considering the following Business Value schematic, choose the correct statement:

Considering the following Business Value

I) From a business perspective, IS are part of a series of value-adding activities for acquiring, transforming and distributing info that managers can use to improve decision making.

II) Every business has an information value chain in which raw data acquired and transformed through stages that add value to that information.

III) Information systems enable the firm to increase its revenue or decrease its cost by providing information that helps managers make better decisions.

Select one:

a. Only options II) and III) are correct.

b. All options are correct

c. Only option I) is correct.

d. Only option II) is correct.

e. Only option III) is correct.

Business Processes Supply Chain Management Enterprise Customer Knowledge Management Management Management Firm Profitability and Strategic Position Dissemination Data Transfor- Collection mation and into Business Storage Systems Planning Coordinating Controlling Modelling and Decision Making Management Activities Information Processing Activities Business Value

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