Importance of Information Systems and Technologies in Business

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ConscientiousSard7517
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5 Questions

Citibank was the first banking firm to introduce APMs.

False

Information systems and technologies are not seen as necessities for doing business.

False

Introducing ATMs gave Citibank a minor competitive advantage over their competitors.

False

Other banks were not required to provide ATM services to banking customers to survive in the retail banking industry.

False

Investing in information systems and technologies is optional for most businesses.

False

Explore the significance of information systems and technologies in the business world, using real-life examples like Citibank's introduction of ATMs to gain a competitive advantage. Understand why investing in IS&T is essential for modern businesses to survive and thrive.

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