According to the Resource-Based View of Information Technology, Sustainable Competitive

question 51

Multiple Choice

According to the resource-based view of information technology, sustainable competitive advantage .

• A) is difficult to create or acquire
• B) can be created by using information technology to continuously improve and support the core functions of a business
• C) differs across firms
• D) occurs when information technology adds value
• E) is accurately described by all of these

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Definitions:

Top Down Approach

A management strategy where decision-making starts from the higher levels of the organization and flows down to the lower levels.

Product Cost Systems

Systems used to accumulate and allocate costs involved in producing a product or offering a service, including direct materials, labor, and overhead.

Highly Profitable Products

Products that generate considerably higher profits compared to other products due to superior demand, premium pricing, or lower costs.

Competitors' Prices

Refers to the pricing information of similar products or services offered by companies competing in the same market.