How Does the Use of Sophisticated Information Systems Affect Strategic

question 77

Multiple Choice

How does the use of sophisticated information systems affect strategic management?

• A) Sophisticated information systems always improve strategic management
• B) Sophisticated information systems always provide better information
• C) Managers may overlook potential uncertainties and bias in their information
• D) The cost of sophisticated information systems may exceed their benefit

---

Definitions:

Dimensions Of Stratification

Various ways in which societies categorize people based on their socioeconomic status, including wealth, power, and prestige.

Weber

Max Weber was a German sociologist, economist, and political scientist known for his theory on the relationship between economics, culture, and religion, particularly the role of Protestantism in the development of capitalism.

Political Status

The position or rank of an individual or group in a political context, which may affect their power, rights, and duties in a society or organization.

Economic Dimensions

Aspects related to the production, distribution, and consumption of goods and services, affecting the wealth and resource allocation in a society.