Which of the Following Illustrates the Use of Information Systems

question 50

Multiple Choice

Which of the following illustrates the use of information systems to achieve product differentiation?

• A) A hot tub dealer's use of information systems to determine which models and options its customers are most likely to buy
• B) A shoe manufacturer's use of information systems in selling custom, made-to-order shoes directly to customers
• C) A PC manufacturer's use of information systems to facilitate direct access from suppliers to production schedules
• D) A grocery store chain's use of information systems to produce products and services at a lower price than competitors
• E) A hotel chain's use of information systems to analyze detailed data on guests to determine each guest's profitability

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Definitions:

Monthly Interest

Interest calculated or paid on a debt or investment on a monthly basis.

Homogeneous Pools

Groups of assets or securities that are similar in nature, making them easier to analyze collectively.

Cryptocurrency

A type of digital or virtual currency that uses cryptography for security and operates independently of a central bank.

Price Volatility

The degree of variation in the price of a financial instrument over a certain period of time, indicating the level of risk associated with it.