An Example of a Business Using Information Systems to Attain

question 84

Multiple Choice

An example of a business using information systems to attain competitive advantage is:

• A)Apple's creation of the iPod.
• B)JC Penney's information system that allows its contract manufacturers to see what garments have been sold and need to be replaced.
• C)Toyota's legendary TPS that has created superlative efficiencies and enabled Toyota to become the world's largest auto maker.
• D)Verizon's Web-based digital dashboard providing real-time company information for managers.

---

Definitions:

Price Wars

A competitive situation in which retailers and manufacturers continuously reduce prices to outdo each other, often resulting in minimal profits.

Comparative Advertising

A marketing strategy where a brand's product or service is directly compared to a competitor's to highlight its superiority.

Pure Monopoly

A market structure where a single seller has exclusive control over a product or service, with no close substitutes available.

Unique Product

A good or service that is distinct in its features, benefits, or value propositions from others in the market.