which of the following factors determines the structure, features, and functions of an information system used in a company? group of answer choices the competitive strategy the value of its brands the size of the company the number of competitors the company's pe ratio

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28-10-2022
Business

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which of the following factors determines the structure, features, and functions of an information system used in a company? group of answer choices the competitive strategy the value of its brands the size of the company the number of competitors the company's pe ratio

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Tutorconsortium319 Tutorconsortium319 · Answer 1 · 2022-11-01T09:11:15-04:00

Option (a) is the best choice. The structure, attributes, and purposes of a company's information system are determined by its competitive strategy.

What does "competitive strategy" mean?

In other words, competitive strategy refers to the plan for how the company will gain and keep a competitive edge over rivals. Being more lucrative than rivals over the long run is the definition of having a competitive edge.

This kind of approach can help you please your customer and promote brand awareness. For instance, beverage companies that produce mineral water can target markets like Dubai, where people solely use mineral water for drinking and have a greater need for it than their rivals.

The importance of competitive strategy

Having a competitive strategy is essential for a company operating in a market that is cutthroat and where clients can select from a variety of products that are identical. This strategy generates a higher rate of return on investment while assisting in the building of a defensive position within your industry.

Learn more about competitive strategy: https://brainly.com/question/12943298

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