Information systems are used to enable new products and services via product differentiation.

Question

Quizplus · Accepted Answer

Information systems can provide companies with the ability to gather and analyze market data, which can help them identify opportunities for product differentiation. This, in turn, can enable the development of new products and services that stand out from those offered by competitors. Therefore, information systems can play an important role in supporting innovation and product differentiation.

Information Systems Are Used to Enable New Products and Services