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Identify Issues of Importance to the Auditor in the "Technology

question 9

Essay

Identify issues of importance to the auditor in the "technology and information management" support process of the value chain.


Definitions:

Competitive Forces

External factors that influence the competitive position of a firm within an industry, including competition, potential entrants, substitutes, buyers, and suppliers.

Profitability

A measurement of the efficiency and effectiveness of a company at generating profits from its operations.

Competition And Profitability

The relationship between the competitiveness of a market and the ability of firms within that market to generate profits.

Competitive Forces

The external factors that influence the competitive position of a firm in an industry or market.

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