CORRECT ANSWERS
\.business-information technology alignment - ANSWERS✔-the tight integration of
the IT function with the strategy, mission, and goals of the organization
\.Business process - ANSWERS✔-a collection of related activities that produce a
product or service of value to the organization, its business partners, and/or its
customers
\.Business process management (BPM) - ANSWERS✔-a management tecnhique
that includes methods and tools to support the design, analysis, implementation,
management and optimization of business processes
\.Business Process Reengineering (BPR) - ANSWERS✔-strategy for improving the
efficiency and effectiveness of an organization's business processes
\.Competitive Advantage - ANSWERS✔-an advantage over competitors in some
measure such as cost, quality, or speed; it leads to control of a market and to
larger-than-average profits
\.competitive forces model - ANSWERS✔-Michael Porter, used to develop
strategies to increase their competitive edge