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Research Has Shown That the More Successfully a Firm Can

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Research has shown that the more successfully a firm can align its IT with its business goals,the more profitable it will be.What practical steps should a firm use in aligning IT with its goals?


Definitions:

Intangible Asset

An asset without physical substance that provides economic benefit, such as patents, copyrights, trademarks, and goodwill.

Lease Term

The duration for which a lease agreement is effective, specifying the start and end dates.

Modified Accelerated Cost Recovery System

A tax depreciation system in the United States that allows for faster asset depreciation in the early years of asset life.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset evenly over its useful life, used for accounting and tax purposes.

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