How Can Increasing Systems Integration Between Businesses, Especially Outside the Firm

question 8

Essay

How can increasing systems integration between businesses, especially outside the firm and via the Internet, increase the firm's vulnerability?

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Definitions:

Readily Available

Something that is easily obtainable or accessible whenever needed.

Payback Period

The duration of time it takes to recoup the cost of an investment.

Discounted Payback

A capital budgeting method that calculates the time required to break even from an investment based on its discounted cash flows rather than just the nominal cash flows.

Liquid Investments

Assets that can be quickly and easily converted into cash without significant loss in value, like stocks and bonds.