here In liquid enterprises, organisational roles are not important and organisational structures are basically laissez-faire arrangements An enterprise’s position in the industry value chain is immovable: customer, client, supplier, competitor, complementor are fixed An enterprise’s position in the industry value chain: customer, client, supplier, competitor, complementor can vary.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 2

In relation to the liquid enterprise, what is meant by 'role instability'

Group of answer choices

In a liquid enterprise, organisational roles especially those associated with IT management are determined by the individuals themselves

All of the answers listed here

In liquid enterprises, organisational roles are not important and organisational structures are basically laissez-faire arrangements

An enterprise’s position in the industry value chain is immovable: customer, client, supplier, competitor, complementor are fixed

An enterprise’s position in the industry value chain: customer, client, supplier, competitor, complementor can vary.

Question 3

What is meant by the generative nature of technology?

Group of answer choices

The capacity of technology to reproduce.

The capacity of technology to produce unpredictable outcomes.

The capabilities inherent to a technology or multiple technologies generate new products and services

The capacity for technology to transform industries by enabling organisations to innovate their business models and methods of product design and delivery.

Question 4

Is it still important for IS/IT specialists to have a some understanding of legacy IT technologies?

Group of answer choices

No. All businesses have upgraded all IT infrastructure and support systems. There is little value in understanding what technologies were used previously.

Yes, many businesses and organisations still rely on older database or mainframe technologies to support core business processes. Therefore, some understanding of these IT infrastructure components is useful.

No. It was shown in IBIS that businesses should immediately adopt an Agile system development approach and quickly transition away from any remaining legacy technologies.

Yes, it's a great way for IT/IS specialists to demonstrate how much they know about IT infrastructure.

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