During the Competitive Advantage Life Cycle, Businesses Can Exploit a Competitive

question 62

True/False

During the competitive advantage life cycle, businesses can exploit a competitive advantage during the development stage.

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Definitions:

Operational Support Systems

Information systems designed to produce a variety of information on an organization’s activities for both internal and external users.

Transaction Processing Systems

Operational support system to record and process data from business transactions.

Data

Raw facts and figures that may or may not be relevant to a business decision.

Cloud Computing

Powerful servers store application software and databases for users to access the software and databases via the web using anything from a PC to a smartphone.