In the Context of Using Information Technologies for a Competitive

question 45

Essay

In the context of using information technologies for a competitive advantage, explain the difference in focus for a bottom-line strategy and a top-line strategy.

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Definitions:

Secondary Liability

The legal obligation to pay a debt if the primary obligor defaults, usually applied in cosigning contexts.

Blank Check

A check signed by the drawer with the amount left blank, allowing the payee to enter any amount.

Raising The Check

Increasing the amount payable on a check, often through unauthorized alteration.

Transfer Warranty

A legal guarantee by the seller that they have the right to transfer a title and that the title is free from any lien or encumbrance not disclosed in the contract.