How do business processes generate value?

Define business process, cost, and margin as they pertain to business processes.

Explain the purpose of an activity and describe types of repository. Explain the importance of business process redesign.$$

How does competitive strategy determine business processes and the structure of information systems?

How do information systems provide competitive advantages?

List and briefly describe eight principles of competitive advantage. Possibly consider a college bookstore. List one application of each of the eight principles.

Please try to include examples that involve information systems.

Thank you