Question: Explain how the value chain and value web models help businesses identify opportunities for strategic information system applications. Explain that by answering the following question.

Explain how the value chain and value web models help businesses identify opportunities for strategic information system applications. Explain that by answering the following question.

1. Define and describe the value chain model. [8 Marks]

2. Explain how the value chain model can be used to identify opportunities for information systems. [7 Marks]

3. List and describe the various types of collaboration and social business tools. [5 Marks]

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