Rent the Runway improves its business processes and strategy ___________.
A) by constantly updating its ERP systems
B) by using analytics algorithms
C) through better accounting practices
D) through more effective IT-business alignment

Question

Quizplus · Accepted Answer

Rent the Runway improves its business processes and strategy through the use of analytics algorithms. By analyzing customer data and trends, Rent the Runway is able to make informed decisions about inventory, pricing, and marketing strategies. This helps the company stay competitive and meet the changing demands of its customers. While updating ERP systems, better accounting practices, and IT-business alignment may also contribute to improved business processes, the use of analytics is the best choice based on the information provided.

Rent the Runway Improves Its Business Processes and Strategy ___________