Information in a company's database can come from many sources. An advantage of harnessing such information is to ________.
A) eliminate employee turnover
B) achieve a high degree of employee empowerment
C) gain competitive advantage
D) gain access to mass markets
E) eliminate resource dependency

Question

Quizplus · Accepted Answer

One of the advantages of harnessing information in a company's database is to gain a competitive advantage over other companies in the same industry. By analyzing and utilizing the data available, a company can gain insights into customer preferences, market trends, and operational efficiency, which can help them make better decisions and outperform their competitors. This can lead to increased market share, higher profits, and greater success in the long term. Eliminating employee turnover, achieving employee empowerment, gaining access to mass markets, and eliminating resource dependency are not necessarily advantages that come from harnessing information in a company's database.

Information in a Company's Database Can Come from Many Sources