What are the implications for firms that do not have common database systems with consistent formats across their enterprise?
A) They can save infrastructural and operational costs.
B) They can expect to leverage economies of scale by serving more customers.
C) They can hedge against the risk of data redundancy.
D) They struggle to manage their value chain efficiently.
E) They profit from the aggregation of diverse data sets and enhance their repositories.

Question

Quizplus · Accepted Answer

Without a common database system, firms often face challenges in managing their value chain efficiently due to inconsistencies in data formats and the lack of seamless data integration across different parts of the organization. This can lead to inefficiencies and difficulties in coordinating activities across the enterprise.

What Are the Implications for Firms That Do Not Have