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Competitive strategy
This refers to a strategy, which enables an organization to gain a competitive advantage.
Competitive strategies that would be addressed by information technology:
1) Differentiation strategy
This strategy aims at producing goods and services, which distinguish an organization from its
competitors in terms of quality. Design software could be used to produce unique products
that distinguish and organization.
2) Cost leadership/low cost production
This strategy aims at minimizing production costs so as to maximize profit. Low cost
production could be achieved through sound managerial decisions, which are supported by
software systems such as decision support systems or expert systems.
1)Forming alliances
Alliances are aimed at making an organization stronger amongst its competitors.
Information technology could sustain and alliance through fostering effective
communication via communication hardware and software.
2) Growth strategy/ Globalisation
This strategy aims at tapping foreign markets. Information technology has enabled
globalisation via the Internet. Companies can now offer their products and services to a
distant clientele via e-commerce sites.
3) Lock-in strategy
This strategy aims at having a firm grasp of the customers of an organization thus making it
difficult for them to switch to competitors. IT applications could be used to =lock-in‘
customers by introducing switching costs (e.g. costs of changing telecommunication links,
cost of changing hardware and software)
b) Tangible benefits can be quantified. These inclu
gregorymasila answered the question on November 27, 2017 at 13:46
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Date posted: November 27, 2017. Answers (1)
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Required:
(i) State the general principles applied in output design.
(ii) Outline the ?Steps taken in designing an output.
Date posted: November 27, 2017. Answers (1)
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Date posted: November 27, 2017. Answers (1)
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Date posted: November 27, 2017. Answers (1)
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Date posted: November 27, 2017. Answers (1)
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The basic objective of user interface is to minimize the human error during data entry.
Required
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(ii) What are the implications of the error control measures in (i) above?
Date posted: November 27, 2017. Answers (1)
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Required:
Formulate a checklist that could assist an organization in identifying, quantifying and evaluating information systems costs.
Date posted: November 27, 2017. Answers (1)
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What is meant by prototyping? Briefly comment on its advantages and disadvantages and explain how this approach is used.
Date posted: November 27, 2017. Answers (1)
- Farmquip Ltd. designs and manufactures irrigation equipment. The irrigation equipment are sold to flower nationality. The company regards customer service, that is the ability to...(Solved)
Farmquip Ltd. designs and manufactures irrigation equipment. The irrigation equipments
are sold to flower nationality. The company regards customer service, that is the ability to
respond effectively and properly to service calls as critical to its success.
Initially, field engineers inspect faulty irrigation equipment. Currently three quarters of the
faulty irrigation equipment are referred to the repair centre, to be mended by the repair
centre.
Engineers, resulting in a turnaround time of up to 10 days. The company has decided to
investigate the possibility of carrying out more field repairs with the aid of a portable expert
system, in order to reduce the turnaround time.
The prototyping approach was used, and an evaluation of the final prototype made it clear
that an expert system used in conjunction with 11.1ptop microcomputer would improve the
situation to the extent that only 10% of irrigation equipment would need to be returned to
the repair centre, with majority of repairs being carried out at the customers‘ premises by the
field engineers.
Required
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Date posted: November 27, 2017. Answers (1)
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terms of position, status; tasks and responsibilities of engineers at the company‘s
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Date posted: November 27, 2017. Answers (1)
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Date posted: November 27, 2017. Answers (1)
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Date posted: November 27, 2017. Answers (1)
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Describe how you would carry out your audit procedures using the following
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(ii) Embedded Audit Module
Date posted: November 27, 2017. Answers (1)
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The firm you work for is in the process of designing a customer database in order to improve its debts management.
Name any eight important customer details that would constitute this database system.
Date posted: November 27, 2017. Answers (1)
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Locating computer hardware, software and information communication staff in one area realizes a number of benefits to an organization.
Required:
Explain the nature of the following advantages:
Date posted: November 27, 2017. Answers (1)
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Explain the role of senior management during systems implementation.
Date posted: November 27, 2017. Answers (1)
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The term computer describes a device made up of a combination of electronic and electro-mechanical components. By itself, a computer has no intelligence and is referred to as hardware which means simply the physical equipment. Tile hardware cannot be used, until it is connected to other elements,
all of which constitute the six parts-of a computer-based information system.
Required:
Describe the six components of a computer-based information system.
Date posted: November 27, 2017. Answers (1)
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Any communication network, such as a telephone system, can be connected to others. This is an example of connectivity, the ability to connect computers, telephones and other devices to other computers, other devices and sources of information. It is this connectivity that is the foundation of Information Age.
Connectivity has also made many activities possible.
Required:
Explain any four activities that have become possible because of connectivity.
Date posted: November 27, 2017. Answers (1)