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Which of the following is most likely to change in the next ten years? Group of answer choices principles of competitive advantage model of business strategy pace of integration of new technology competitive advantage mechanism relationship between competitive advantage and information systems

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Answer:

In the next ten years, the following is likely to change:

  • principles of competitive advantage
  • pace of integration of new technology
  • competitive advantage mechanism
  • relationship between competitive advantage and information systems

Explanation:

  • The principles of competitive advantage include People, Organizational Culture & Structure, Processes & Practices,Products & Intellectual Property, Capital & Natural Resources
  • The pace of integration of a new technology will be more seamless in the next ten years due to the shift to more technologically driven system.
  • Competitive advantage which includes access to natural resources, such as high-grade ores or a low-cost power source, highly skilled labor, geographic location, high entry barriers, and access to new technology will change to conform to the global shift in industrial processes anticipated for the next decade.
  • The relationship between competitive advantage and information systems will shift to accommodate more cost effective options. Information technology has a powerful effect on competitive advantage in either cost or differentiation. Information systems affects value activities themselves or allows companies to gain competitive advantage by exploiting changes in competitive scope.

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