BUSINESS INITIATIVE FOR CREATING COMPETITIVE ADVANTAGE THROUGH INFORMATION TECHNOLOGY
RRSS 2015 No. 8 - Romanian Review of Social Sciences
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Authors:
• Berisha-Shaqiri Afërdita -
Keywords: competitive advantage, management information system, business, database, competitive surroundings, decisions etc.
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Abstract:
To achieve economic and social development, as well as high standards of living should be paid special attention to the development of information society and spreading the use of information technology. Countries around the world are moving from industrial economy to knowledge economy in which economic growth of a country is dependent on the ability to create, accumulate and disseminate knowledge. Computer and Internet are the catalyst for economic growth of knowledge by enabling people to codify knowledge in a digital form easily transmitted anywhere in the world. Increasing the pressure of competition forces businesses to fight for new research, new products and new markets, these businesses can only afford having support from a quality information system. This support should enable higher quality solution for the governance of resources that businesses possess. Contemporary Management is increasingly dependent on information technology, because without a perfect technology and available data, the software may not have adequate information to be managers in making decisions.