What do we mean by strategic information? For a commercial bank, name five types of strategic objectives.
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Explanation:
Strategic information system (SIS) are information systems that are developed in response to corporate business initiative. They are intended to give competitive advantage to the organization.
Strategic information management (SIM) is a salient feature in the world of information technology (IT).
- Charge clients as much as possible
- Increase the interest rate on loans
- Decrease interest rate on savings
- Give credit only to the rich
- Buy cheap, sell dear
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