How are information systems used at the industry level to achieve strategic advantage?
A)By building industry-wide, IT-supported consortia and symposia
B)By raising the bargaining power of suppliers
C)By encouraging the entry of new competitors
D)By enforcing standards that reduce the differences between competitors

Question

Quizplus · Accepted Answer

Industry-wide, IT-supported consortia and symposia can help standardize practices, share knowledge, and create efficiencies that provide a strategic advantage across the industry.

How Are Information Systems Used at the Industry Level to Achieve