"Strategy Methodology" Please respond to the following:

Computer Science
Tutor: None Selected Time limit: 1 Day

Analyze the impact of economic factors on the development of IT strategy decisions at the enterprise level of the organization

Aug 22nd, 2014

1) High interest rates also deter companies from investing in new capital and expansion . On the other hand falling interest rates can stimulate industries to grow , take bolder and risky decisions . 

2) The it industry will change its focus based on the growth . if the growth and economy is growing at a slower pace then the any new ideas wont be use . decisions taken would be based on stabilizing of company during such tough times and not on bringing in new ideas . 

3) Loss of innovation occurs if economy is weak as it is sacrificed for the sake of sustainability whereas if economy is growing innovation is given top priority . 

4) If economy experiences slowdown then project cancellations may take place which in turn over a long term ( say in a year if the situation remains same ) may cause layoffs as the company has to take decision and make ready a future strategy . But if the economy is looking great there will be more hiring and higher salaries and management will be bullish about the opportunities and will take calculated risks . 


Aug 22nd, 2014

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Aug 22nd, 2014
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