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What are complementary assets in information system?

Complementary assets are the assets required to derive value from a primary investment. The relationship between complementary assets and information technology is the firms using information technology to know the increasing or decreasing the investment in markets.


Importance of quantitative techniques?

Quantitative techniques provide managers with concrete evidence and information, which allows them to make better decisions. Without quantitative techniques, managers would guess and risk assets of the business.


Define complementary assets and explain how they ensure that information systems provide genuine value to an organization?

Complementary assets are defined as assets or infrastructure that are needed in order to support a technological innovation. They ensure that a product gets good marketing and commercialization.


Define information systems how does it word what are its management organization and technology components?

complementary assets


What are importance of sole-trader business?

All assets of the business belongs to the owner


What role do complementary assets and organizational and management capital play?

by helping each other they achieve large amount of money and contribute in the development of the world


What should be included in a financial plan to protect assets?

A financial plan should include steps to alleviate debt in order to protect assets. The financial plan should also defined assets according to their importance to the company.


What is finance and its importance?

The science of the management of money and other assets.. Makes the world go 'round!


What is the importance of MET's to a CARM Program Manager?

A. METs are the foundation or starting point for determining critical assets.


How do money managers like Fisher Capital Investments Management make money ficom?

They base their fees on a percentage of clients' assets under management.


Why are complimentary assets essential for ensuring that information systems provide genuine value for an organization?

Complementary assets, such as skilled personnel, robust processes, and supportive organizational culture, are essential for maximizing the value of information systems because they enhance the functionality and effectiveness of the technology. Without these assets, even the most advanced information systems may fail to deliver meaningful insights or improve operational efficiency. They enable organizations to fully leverage the capabilities of their information systems, driving better decision-making and fostering innovation. Ultimately, the synergy between technology and complementary assets is crucial for achieving competitive advantage and sustained performance.


Why do some firms obtain grater value from their information system than otherswhat role do complementary asset and organizational and management capital play?

Some firms derive greater value from their information systems due to their investment in complementary assets, such as advanced technology, skilled personnel, and efficient business processes. These assets enhance the effectiveness of the information systems and enable firms to leverage data for decision-making and competitive advantage. Additionally, strong organizational and management capital, including leadership, culture, and strategic alignment, ensures that information systems are integrated into business operations and aligned with organizational goals, maximizing their impact. Therefore, the synergy between information systems and complementary assets is crucial for achieving superior value.