Problem:
Companies have traditionally opted between either a predominately low cost, or a differentiation strategy as a means of seeking competitive advantage. Is it possible to use information technology to do both at the same time. Why or Why not?
Define knowledge management and provide at least three reason for why KM is getting so much attention lately?
Briefly describe the steps of a pure prototyping methodology as an alternative to an SDLC approach. Which disadvantages of an SLDC methodology are addressed by a prototyping approach?
The SLDC is composed of a number of phases. In your view, which phase is more important? Identify the phase that you deem to be most important in the sequence, and explain the rationale.
What is a work breakdown analysis and why is this concept important?