In the context of using information technology for a competitive advantage,identify a true statement about bottom-line strategy.
A)It focuses on improving efficiency by reducing overall costs.
B)It focuses on generating new revenue by offering new products and services.
C)It focuses on enhancing rivalry among existing competitors.
D)It focuses on helping different market segments achieve a cost advantage.

Question

Quizplus · Accepted Answer

Bottom-line strategy focuses on improving efficiency by reducing overall costs. This can be achieved through the use of information technology to automate processes, eliminate waste, and streamline operations. By reducing costs, a company can increase its profitability and gain a competitive advantage.

In the Context of Using Information Technology for a Competitive