Complimentary Asset Examples - 1795 Words

9/30/2009 Managing Information Systems – Ch. 1 Information Systems in Global Business Today Learning Objectives †¢ Understanding the effects of information systems (IS) on business and their relationship to globalization †¢ Explain why information systems are essential in business †¢ Define an information system and describe its y management, organization, and technology components †¢ Define complementary assets and their role in ensuring that information systems add organizational value †¢ Describe the different disciplines used to study information systems, and explain how each contributes to our understanding of them †¢ Explain what is meant by a sociotechnical systems perspective NBA Teams: A Slam Dunk With IT †¢ Problem: Lack of hard data†¦show more content†¦IT and Strategic Business Objectives †¢ Competitive advantage – Delivering better performance – Charging less for superior products – Responding to customers and suppliers in real time –E Example: T l Toyota and TPS (Toyota Production S d (T P d i System) enjoy ) j a considerable advantage over competitors †¢ Survival – Information technologies as competitive necessity – May be: †¢ Industry-level changes, e.g. Citibank’s introduction of ATMs †¢ Governmental regulations requiring record-keeping – Examples: Toxic Substances Control Act, Sarbanes-Oxley Act 4 9/30/2009 The Interdependence Between Organizations and IT In contemporary systems there is a growing interdependence between a firm’s information systems and its business capabilities. Changes in strategy, rules, and businessShow MoreRelatedThe Theory Of Dynamic Capability1261 Words   |  6 Pagesproducts and processes and respond to changing market circumstances† (Helfat, 1997 : 339). Helfat examines how complimentary assets in a firm can influence their dynamic capabilities. Specifically, how a firm is able to use current assets, such as economies of scope, to respond to a dynamic market. Helfat examines the oil industry, which is often filled with high-levels of complimentary assets such as RD and economies of scope, in order to gain a better understanding of how the theory of dynamic capabilityRead MoreThe Different Merger Strategies Employed By Acquirers1448 Words   |  6 Pagescan be categorized as either horizontal, vertical or conglomerate. They also exhibit other characteristics, for example, they can be complimentary or supplementary in nature. A complimentary acquisition is one where the acquiring firm aims at compensating for some weakness or limitations it has. The target company may be an attempt to strengthen a process or enter a new market. For example, the acquiring firm may have strong research and development competencies but weak sales and marketing. The targetRead MoreSouth Africas Fiscal Monetary Policy1608 Words   |  7 PagesSouth Africa’s Fiscal amp; Monetary Policy o Table Of Contents †¨ o Introduction o Body o Conclusion o References Introduction In this presentation I will discuss whether or not the South African fiscal and monetary policy are complimentary or not. We need to first define both the fiscal and monetary policy in their economic sense. Firstly, the formal definition of the monetary policy are all the deliberate steps of the monetary authority to affect monetary aggregates such as the money supplyRead MoreThe Impact Of Competitor Patenting On Firm Value1148 Words   |  5 Pagesbe governed by; I. The decisions of the firm, II. The structure of the market in which it operates, and III. The sources of the added value itself. Overview The attempt to measure innovation by means of valuation and IP as a means of knowledge assets of a firm are central too much of written scholarship. These are internal valuations or components of valuation internal to either the private or public firm. This article, amongst some other nascent written scholarship, starts to research externalRead MoreHow Sexuality Is Too Much?1078 Words   |  5 Pageswoman, the connotation of which being: she is sexy; a woman who is experienced and knowledgeable about the world of sex. This is often considered to be a complimentary term. The word ‘virgin’ then could be said to describe the exact opposite: a woman who is pure, untouched, naà ¯ve to sex and its intricacies. This also is often considered a complimentary descriptor. In and of themselves these two terms are not explicitly harmful: just another couple of adjectives among the countless available for use inRead MoreCurrent Liabilities And Long Term Liabilities1075 Words   |  5 PagesBased on your current experience as well as any additional research you may have done, provide two examples of situations where businesses collect monies from customers and employees and report these amounts as a current liability. Current liabilities are â€Å"obligations that must be settled within 1 year or the operating cycle, whichever is longer† and are â€Å"usually satisfied by transferring a current asset.† (). It includes accounts payable; short-term notes payable, income tax payable, accrued expensesRead MoreOrganizational Image : An Organization805 Words   |  4 Pagesenvironments and under constant change. These competencies are the pillars of competitiveness of the firm and involve a coordinated set of capabilities, complimentary assets and organizational routines, such as training programs). The routines are patterns of interactions that represent a solution to particular problems. They bring together complementary assets and skills of individuals. Therefore, it is in routine that resides the knowledge generated by learning activities. In other words, the learningRead MoreThe Cost Price = Sales1167 Words   |  5 Pagesrepetitive in the new single substance. Merger can likewise share office space and dispense with duplicate manufacturing offices. 2) Diversification: Merger organization can offer a more noteworthy range of product or services. Since these may be complimentary, the combined organization may have the capacity to catch a larger number of customers than they would as individual. For instance, the consequence of merging two travel organizations permits a more prominent scope of alternatives to be introducedRead MoreWhat Is Network Effects? What Are The Other Names For This Concept?720 Words   |  3 Pagesgroup More users = more value. For example, the larger the group of people with access to a phone, the more valuable the phone will be to the people who use it; and the more people who join a social network like Facebook, the more valuable the site is for the people who are already using it. Three primary sources of value for network effects: 1. Exchange – User can potentially communicate with more individuals 2. Staying Power – Long-term viability 3. Complimentary Benefits – products or servicesRead MoreTraining And Development Efforts Help Employees989 Words   |  4 Pagesconstant change. These competencies are the pillars of competitiveness of the firm and involve a coordinated set of capabilities, complimentary assets and organizational routines, such as training programs). The routines are patterns of interactions that represent a solution to peculiar problems and difficulties. They bring collectively highly favorable and praise assets and skills of unique individuals. Therefore, it is in routine that dwell on the knowledge generated by learning activities. In other