One Way to Gain Competitive Advantage Using Information Systems Is

question 46

True/False

One way to gain competitive advantage using information systems is through business process.

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Definitions:

Inputs

Resources used in the production process, including labor, capital, materials, and other goods and services.

Production Function

A model in economics that describes the relationship between the quantities of productive factors used (inputs) and the amount of product obtained (outputs).

Inputs

Resources used in the production of goods and services, such as labor, materials, and capital.

Output

The total amount of goods or services produced by a company, system, or economic process.