Can Information Systems Provide Businesses with a Competitive Edge? Are Such It...

Can study systems provide businesses with a competitive spring? Are such IT related competitive overtures sustainable in the long run? Why or why not? In recent years, many businesses have faced an progressively uncertain future. As a result, there is an economic dictatorial to take prefer over their competitors (Bakos & Treacy, 1986). A competitive advantage is attained when a firm reaches its comparative efficiency or bargaining power (Bakos and Treacy, 1986). There has been a need for the origination of tuition systems into many businesses due to human limitations, with bounded tenableness concerning the memory, computation and communication capacities of an individual (Bakos & Treacy, 1986). There is limit to which individuals argon able to solve problems without the use of information systems. In point to shift the boundaries of rationality, information system must be utilize to aid memory, computation and communication (Bakos & Treacy, 1986). Information systems designed to gain competitive advantage are defined as information systems that drive or formulate the organisations competitive scheme in order to provide it with (or to maintain) a competitive advantage (Wiseman, 1985).

Wiseman (1988) also stated that companies should pursue short, medium and long-term investment in information systems, which display sustainability. He claimed their success could be measured in number of new clients, increase in market share and general return on the passe-partout investment. Some might argue that the continuous exponential improvement in technology would render long-term investment in it impossible. However, most of these new advances will not overly benefit all in all companies in all markets. The importance of a well- implemented information system is very real. Clemons and Kimbrough (1986) believed that recent attention given to the strategic use of information systems or the priority placed on finding opportunities is not overstressed. In order... If you want to get a full essay, order it on our website: Orderessay

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