When an Organization Uses Information Technology to Develop Products, Services

question 68

Short Answer

When an organization uses information technology to develop products, services and capabilities in order to gain a strategic advantage over competitive forces in the global marketplace, it is using information systems in a _______________ role.

---

Definitions:

Conditional CAPM

An extension of the Capital Asset Pricing Model that accounts for varying conditions over time or different market environments.

Empirical Returns

Returns that are calculated based on historical data, reflecting the actual gains or losses realized over a specific period.

Conventional CAPM

The traditional Capital Asset Pricing Model that calculates the expected return on an investment by assessing risk relative to the market as a whole.

Human Capital

The economic value of an individual’s skills, knowledge, and experience, considered in relation to their contributions to an economy or business.