What would be an example of 'Business Scope Redefinition' in Venkatraman's IT-enabled business change model?

Study for the BCS Foundation Certificate in Business Change Exam. Enhance your knowledge with flashcards and multiple-choice questions, with hints and explanations for each question. Prepare thoroughly for your exam!

The concept of 'Business Scope Redefinition' in Venkatraman's IT-enabled business change model specifically refers to how organizations can leverage information technology to expand or change the nature of their business. This includes not just internal operations but also external relationships and partnerships.

When IT is utilized to redefine business scope, it allows organizations to form new collaborations and partnerships with other entities. This could involve engaging with suppliers, customers, or even competitors in a way that creates new value propositions or market opportunities. By extending the boundaries of the business through technology, organizations can create innovative approaches that might not have been feasible before.

The other options, while relevant to aspects of IT and business change, do not directly capture the essence of redefining the business scope in a manner that emphasizes the expansion of organizational boundaries through partnerships and collaboration. Instead, they focus on internal processes or specific applications of technology that don't fundamentally alter the strategic landscape of the organization's business model.

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