"The information and communications technology (ICT)component is at the very heart of the company's competitive advantage." Which of the following statements is the most accurate justification of this claim?
A)Companies benefit from the cost savings made possible through information systems.
B)Cost of implementing technology has increased over a period of time.
C)Most businesses are involved in the sale of technical or technological services.
D)Established players in a market favor creative destruction over sustaining technologies.

Question

Quizplus · Accepted Answer

The statement highlights the importance of ICT as a key component of the company's competitive advantage. The reason for this is likely the cost savings and efficiency gains that can be achieved through the use of information systems. This is supported by research showing that ICT plays a critical role in improving operational efficiency, reducing costs, and enhancing customer service for companies across industries.

"The Information and Communications Technology (ICT)component Is at the Very