The transformative nature of IT is viewed as both an opportunity to save money through streamlining and/or outsourcing traditional business activities and as a threat that new, more nimble competitors.

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This statement is true, as IT can be seen as both an opportunity and a threat to traditional businesses. On one hand, IT can help businesses save money by streamlining processes or outsourcing certain activities. On the other hand, IT can also enable new, more agile competitors to enter the market and disrupt traditional business models.

The Transformative Nature of IT Is Viewed as Both an Opportunity