assignment 3

xplain why strategy or strategic moves are important in business?
-Strategic Planning is an organizations process of defining its strategy, or direction and making decision in allocating its resources to pursue this strategy, including its capital and people.
It is also true that strategic planning may be a tool for effectively plotting the direction of a company.
2. Illustrate how information system can give business a competitive advantages?
-Information system provides Internal control in business and other organization
Business computer were used for the practical business of computing the payroll and keeping track of account payable and account receivable.
3. Identify the basic initiative for gaining a competitive advantages?
-Various business analysis techniques can be used in strategic planning, including SWOT ANALYSIS (strength, weaknesses, opportunities and threats) and REST ANALYSIS (political, economical social and technology analysis) or STEER ANALYSIS (socio-cultural, technological, economic,ecological and regulatory factors) and Epistle ( environment, political, informatics, social, technology, economic and legal).