A firm's IS strategy and business strategy focus more on its external requirements than internal requirements.

Question

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An organization's IS strategy and business strategy are shaped by its external requirements, such as market trends, competitive pressures, customer needs, and regulatory compliance. These external factors have a significant impact on the firm's decision-making processes and resource allocation, as they define the firm's value proposition, target markets, distribution channels, and product/service offerings. Therefore, organizations need to align their internal capabilities and processes with the external environment, rather than vice versa, to remain competitive and profitable.

A Firm's IS Strategy and Business Strategy Focus More on Its