A Company That Invests in a System in the Hopes

question 103

Multiple Choice

A company that invests in a system in the hopes of improving product or service quality is attempting to use their information system to gain

• A)a competitive advantage.
• B)improved business processes.
• C)productivity gains.
• D)better systems integration.

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Definitions:

Knowledge Repository

A centralized digital or physical space where knowledge is stored, managed, and shared, facilitating access to information and learning.

Best Practices

Recommended methods or techniques that are acknowledged as the most effective to achieve reliable and desired results.

Lessons Learned

Knowledge or insights gained from experience, which can be applied to future situations to improve outcomes.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives.