Why is it essential for organizations to reduce the dollars that they spend on IT?
A) Increased IT spending is usually associated with investor dissatisfaction and reduces companies' market value.
B) Price competition for commodities is fierce and savings are essential for competitive advantage.
C) IT is only an operational requirement and is not a strategy enabler.
D) Organizations should spend money on things that create a comparative advantage rather than on IT.

Question

Quizplus · Accepted Answer

In today's business environment, price competition for commodities is fierce, and savings are essential for competitive advantage. Therefore, it is necessary for organizations to reduce the dollars they spend on IT to stay competitive in the market.

Why Is It Essential for Organizations to Reduce the Dollars