Studies Show That Less Than One-Quarter of a Business Firm's

question 8

True/False

Studies show that less than one-quarter of a business firm's profits can be explained by alignment of IT with business.

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Definitions:

Information System

Organized method for collecting, storing, and communicating past, present, and projected information on internal operations and external intelligence.

Data Warehouse

Customer database that allows managers to combine data from several different organizational functions.

External Intelligence

Information gathered from outside an organization to support decision-making.

Big Data

Large and complex data sets that are analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.