A Company That Develops and Uses an Information System That

question 27

Multiple Choice

A company that develops and uses an information system that is expensive to duplicate can gain a competitive advantage by:

• A) product enhancement.
• B) creating barriers to entry.
• C) creating new products or services.
• D) establishing alliances.
• E) reducing costs.

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Definitions:

Life Expectancy

The average number of years that a person is expected to live, based on statistical averages.

Medical Technology

A broad field encompassing the application of scientific and technological advances in the diagnosis, treatment, and management of diseases and health conditions.

Folk Healers

Traditional medicine practitioners who use indigenous knowledge and natural remedies to treat health problems within their communities.

Big Data

Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.