An example of an organizational complementary asset is?

Study for the Information Technology Applications 203C (ITA203C) FE Test. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare effectively for your exam!

An organizational complementary asset refers to resources and capabilities that enhance a firm's ability to effectively utilize information technology and information systems. In this context, using the appropriate business model is indeed an essential complementary asset. It defines how a company creates, delivers, and captures value, especially in conjunction with technology investments. By aligning their business model with technological tools, organizations can maximize their operational efficiencies and drive innovation.

While creating a collaborative work environment and adhering to laws and regulations are certainly important aspects of effective organizational management, they serve different roles. A collaborative environment fosters teamwork and innovation, which can support the effective use of technology but is not in itself a direct complementary asset in the same way as a business model. Compliance with laws and regulations ensures that a business operates within legal confines, which is crucial but does not directly enhance the organizational use of technology to the same degree as an appropriate business model does.

Thus, the correct choice reflects how a well-defined business model can significantly leverage and enhance the effectiveness of technological investments in an organization.

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