In the Context of Using Information Technology for a Competitive

question 100

Multiple Choice

In the context of using information technology for a competitive advantage,identify a true statement about top-line strategy.

• A)It focuses on generating new revenue by offering new products and services.
• B)It focuses on improving efficiency by reducing overall costs.
• C)It focuses on enhancing rivalry among existing competitors.
• D)It focuses on helping different market segments achieve a cost advantage.

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Definitions:

Special Order

A special order is a one-time or unusual request from a customer that can require different pricing, terms, or production considerations compared to standard orders.

Regular Sales

The routine transactions and revenue generated from the normal business operations excluding any extraordinary or non-recurring sales.

Financial Advantage

This refers to the benefit gained by an entity in a financial context, which could include lower costs, higher revenues, or other monetary gains.

Outside Supplier

An external company or entity that provides goods or services to another company, typically part of the supply chain.