An Information System Can Enable a Company to Focus on a Market

question 55

Multiple Choice

An information system can enable a company to focus on a market niche through:

• A) complex trend forecasting.
• B) tailoring products to the client.
• C) intensive product trend analysis.
• D) intensive customer data analysis.
• E) tightening linkages with suppliers.

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Definitions:

Legitimate Power

Authority that is recognized and accepted by others within an organizational or social structure, often derived from an official position or role.

Tyranny

Rule by those who wield their power oppressively and abusively.

Social Contract

An agreement, tacit or explicit, between all members of society, in which each citizen gives up certain rights and privileges in return for the protection and mutual advantage of society.

Distributive Justice

The concept concerning the fair allocation of resources among diverse members of a community.