In the context of the value chain model, fewer resources are needed to achieve performance goals when "information replaces assets."

Question

Quizplus · Accepted Answer

This concept is known as "information leverage," which means that organizations can achieve greater performance with less investment in physical assets by leveraging information and technology. This is because information can help streamline operations, optimize processes, and make better decisions, all of which contribute to improved performance.

In the Context of the Value Chain Model, Fewer Resources