The value chain explains why an entity has a competitive advantage

Why is Strategic Planning critical to IT?  a. To ensure that IT’s products and services meet users expectations. b. To ensure that IT’s products and services are cost effective. c. To ensure that IT’s products and services satisfy the CEO and the CFO. d. To ensure that IT’s products and services align with the enterprises Goals and Objectives.

choose the correct answer  1. Following is NOT a feature of an organisation information value chain  a. It results higher firm profitability  b. Raw information is transformed through various stages that add value to that information  c. It provides less efficient business processes  d. Raw information is systematically acquired  e. It helps organisations to reduce operational cost

Read and analyze the following case:The sales manager complains that his sales reps are not meeting monthly sales quotas. He is convinced that the reps need more sales training to handle the situation and solve the problem. Therefore, he asks you to design a strategy to address this situation. Use the following guiding questions. Answer each of them in detail.Is there really a need for training? What will be the purpose or objective of the training?Who should be trained?Who will develop the training?What form will the training take?

The use of ratios and trends to assess the performance of a company is called:a. Business analysis.b. Financial analysis.c. Business valuation.d. Market valuation.

The problems that a company faces can be used as opportunities to Select one: O a. phase out products O b. innovate products Oc. close the business O d. imitate the products of competitors

The Determine Budget process includes the following tools and techniques except ________ Group of answer choices Expert judgment Data analysis (reserve analysis) Data analysis (cost of quality) Financing

Competitive advantage can be defined as: Group of answer choices A firm’s ability to establish market leadership. A firm’s ability to grow faster than its competitors. A firm’s potential to earn a rate of profit that is persistently higher than its rivals. A firm’s potential for launching innovative new products.