The Six Important Business Objectives of Information Technology Are New

question 33

Multiple Choice

The six important business objectives of information technology are new products,services,and business models; customer and supplier intimacy; survival; competitive advantage; operational excellence; and

• A)improved flexibility.
• B)improved decision making.
• C)improved business practices.
• D)improved efficiency.
• E)improved business value.

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Definitions:

Investment Turnover

A measure of a company's efficiency in using its assets to generate sales or revenue, calculated by dividing sales by the average total assets.

DuPont Formula

A method that breaks down the return on equity into three component parts—profit margin, asset turnover, and financial leverage—to analyze a company's financial performance.

Return on Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit from an investment by its cost.

Investment Centers

Divisions or departments within a company responsible for generating revenue and controlling costs.