For firms such as CarMax,information systems have been a source of competitive advantage.Their proprietary information system captures,analyzes,interprets,and disseminates information about all cars on the CarMax lot.Which of the following can be attributed to this information system?
A) decrease in uncertainties in hard to forecast areas such as inventory management
B) decrease in operational efficiency
C) reduced customer service
D) decrease in sales

Question

Quizplus · Accepted Answer

CarMax also operates a proprietary information system that captures, analyzes, interprets, and disseminates information about all cars on the CarMax lot. The key features of this system provide CarMax management with real-time business insights into different store operations, such as inventory management, pricing, and sales consultant productivity. This advanced information system allows CarMax to decrease uncertainties in traditionally hard to forecast areas such as inventory management, allowing management to improve operational efficiency and anticipate future trends.

For Firms Such as CarMax,information Systems Have Been a Source