Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

There have been claims that IT investment promises a greater competitive advantage to the firm. The deployment of IT is expected to offer speedier,

There have been claims that IT investment promises a greater competitive advantage to the firm. The deployment of IT is expected to offer speedier, more accurate, and greater flexibility in transaction processing and, ultimately, firm productivity. In contrast, studies indicated that the link between IT investment and productivity is somewhat unclear. REQUIRED: Discuss TWO (2) possible explanations as to why the IT productivity paradox happened in IT-related investment. (3 Marks) Explain how today's business could ensure greater values created from their investment in technology. Provide TWO (2) relevant justifications to support your answer. (4 Marks) Resource-based View (RBV) is one popular theory that explains how IT could create value for the firm. REQUIRED: (b) (b) (c) Kijek T & Kijek A. (2019). Is innovation the key to solving the productivity paradox? Journal of Innovation & Knowledge. 4 (2019), 219-225 Explain the proposition of RBV. (2 Marks) Identify TWO (2) indicators that could represent resources in the context of IS. (1 Mark) Discuss an advantage and a disadvantage of financial and non-financial measures in assessing values generated from IT. Provide an example of an indicator for each. Use the following format in presenting your answers: Financial measure Advantage Disadvantage Example Non-Financial measure There have been claims that IT investment promises a greater competitive advantage to the firm. The deployment of IT is expected to offer speedier, more accurate, and greater flexibility in transaction processing and, ultimately, firm productivity. In contrast, studies indicated that the link between IT investment and productivity is somewhat unclear. REQUIRED: Discuss TWO (2) possible explanations as to why the IT productivity paradox happened in IT-related investment. (3 Marks) Explain how today's business could ensure greater values created from their investment in technology. Provide TWO (2) relevant justifications to support your answer. (4 Marks) Resource-based View (RBV) is one popular theory that explains how IT could create value for the firm. REQUIRED: (b) (b) (c) Kijek T & Kijek A. (2019). Is innovation the key to solving the productivity paradox? Journal of Innovation & Knowledge. 4 (2019), 219-225 Explain the proposition of RBV. (2 Marks) Identify TWO (2) indicators that could represent resources in the context of IS. (1 Mark) Discuss an advantage and a disadvantage of financial and non-financial measures in assessing values generated from IT. Provide an example of an indicator for each. Use the following format in presenting your answers: Financial measure Advantage Disadvantage Example Non-Financial measure There have been claims that IT investment promises a greater competitive advantage to the firm. The deployment of IT is expected to offer speedier, more accurate, and greater flexibility in transaction processing and, ultimately, firm productivity. In contrast, studies indicated that the link between IT investment and productivity is somewhat unclear. REQUIRED: Discuss TWO (2) possible explanations as to why the IT productivity paradox happened in IT-related investment. (3 Marks) Explain how today's business could ensure greater values created from their investment in technology. Provide TWO (2) relevant justifications to support your answer. (4 Marks) Resource-based View (RBV) is one popular theory that explains how IT could create value for the firm. REQUIRED: (b) (b) (c) Kijek T & Kijek A. (2019). Is innovation the key to solving the productivity paradox? Journal of Innovation & Knowledge. 4 (2019), 219-225 Explain the proposition of RBV. (2 Marks) Identify TWO (2) indicators that could represent resources in the context of IS. (1 Mark) Discuss an advantage and a disadvantage of financial and non-financial measures in assessing values generated from IT. Provide an example of an indicator for each. Use the following format in presenting your answers: Financial measure Advantage Disadvantage Example Non-Financial measure There have been claims that IT investment promises a greater competitive advantage to the firm. The deployment of IT is expected to offer speedier, more accurate, and greater flexibility in transaction processing and, ultimately, firm productivity. In contrast, studies indicated that the link between IT investment and productivity is somewhat unclear. REQUIRED: Discuss TWO (2) possible explanations as to why the IT productivity paradox happened in IT-related investment. (3 Marks) Explain how today's business could ensure greater values created from their investment in technology. Provide TWO (2) relevant justifications to support your answer. (4 Marks) Resource-based View (RBV) is one popular theory that explains how IT could create value for the firm. REQUIRED: (b) (b) (c) Kijek T & Kijek A. (2019). Is innovation the key to solving the productivity paradox? Journal of Innovation & Knowledge. 4 (2019), 219-225 Explain the proposition of RBV. (2 Marks) Identify TWO (2) indicators that could represent resources in the context of IS. (1 Mark) Discuss an advantage and a disadvantage of financial and non-financial measures in assessing values generated from IT. Provide an example of an indicator for each. Use the following format in presenting your answers: Financial measure Advantage Disadvantage Example Non-Financial measure

Step by Step Solution

3.54 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

a Two possible explanations for the IT productivity paradox are Misaligned IT investments It is possible that firms invest in IT without considering how it aligns with their business goals and process... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Gail Fayerman

1st Canadian Edition

9781118774113, 1118774116, 111803791X, 978-1118037911

More Books

Students also viewed these Accounting questions

Question

Why do some individuals confess to a crime they did not commit?

Answered: 1 week ago