If the goal of business is profit and if the environment of

If the goal of business is profit, and if the environment of business is competition, what should drive adoption of IS/IT?

Solution

If the goal of business is profit, and if the environment of business is competition then adoption of information systems/information technology (IS/IT) will give it more completive advantage as investments in information systems and technology can make business more efficient and customer friendly. If an organization’s major focus is profit maximization then it will reflect in its functioning and its business strategy and adoption of IS/IT is a part of its competitive business strategy.

The information systems/information technology helps companies to provide services in fastest manner and help them to achieve the strategic business objectives of the company otherwise it would be very difficult for the company to maintain its competitive position in the industry. For the companies, advanced use of technology in every aspect of business is a norm of today therefore no competitive company can imagine having a successful business without technological advancement. Therefore the company takes the best efforts to adaptation of information systems/information technology by timely upgrading, maintaining and risk management planning so that it can become more efficient and maximize its profit in near future.