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As the world modernizes, businesses become more and more dependant on how they manage their information to maximize their profits. To not maximize the use of their available information would cause them to lose money on a daily basis. They become more dependant on digital information. To become more competitive in the market place, they have to merge information technology goals with business goals. To do this, the companies have promoted their top “techies” to create their Chief Information Officers which assume the change from IT to risk management roles. They not only help the company with technical solutions, they usually inherit the responsibility to help the company solve any business problems regardless of the type of company. This can become a burden if an adequate portion of the company’s budget is not allocated for their Information Systems.
Every company needs information systems, even if there only product is non-information technology related. As an example,...
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Title: Giving The CIO’S An Expanded Role In The Corporation
Approximate word count: 766
Approximate pages: 4 (250 words per double-spaced page)
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