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
E) By enabling companies to develop customer intimacy

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