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IT Functions That Do Not Provide a Competitive Advantage, Such

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IT functions that do not provide a competitive advantage, such as computers, databases and network services are examples of IT commodities.


Definitions:

Manufacturing Tools

Instruments, machines, or related items used in the manufacturing process to produce goods and products.

Obsolete

Refers to products, technologies, or methods that are out-of-date or no longer in use.

Simple Interest Loan

A loan where interest is calculated only on the principal amount, not on accumulated interest.

Net Advantage To Leasing

The financial benefits that accrue to a business when leasing assets as opposed to purchasing them, often considered in terms of cost savings and tax advantages.

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