Ch. 1_ The Information Systems Strategy Triangle 2024 (1)

Ch. 1: The Information Systems Strategy
Triangle 2024

BusinessOrganizationalInformation - ANS-What are the three components of the
Information Systems Strategy Triangle?

Strategy - ANS-Coordinated set of actions to fulfill objectives, purposes, or goals.

sets limits - ANS-A strategy __________________ on what the organization seeks to
accomplish.

mission - ANS-A strategy begins with a ________________.

Business Strategy - ANS-It is where a business seeks to go and how it expects to
get there.

Business Models - ANS-__________________ do not include where the business
seeks to go, and only the revenue portion of how it expects to get there.

Cost Leadership
Differentiation
Innovation
Growth
Building Alliances - ANS-What are 5 ways to GAIN competitive advantages?

Hypercompetition - ANS

Creative Destruction - ANS

Porter's Generic Strategies - ANS-Firms achieve competitive advantage through cost
leadership, differentiation, or focus.

Dynamic Environment Strategies - ANS-Speed, agility, and aggressive moves and
countermoves by a firm create competitive advantage.