What is the most important factor that has allowed companies to move from recording data to analyze it in order to gain signiﬁcant insight into the entire value chain of an organization?
A)relaxed data privacy laws.
B)the increase in cell phones.
C)powerful, low-cost technology.
D)cross-functional teams.
E)low-cost nuclear power.

Question

Quizplus · Accepted Answer

Powerful, low-cost technology has been the most important factor that allowed companies to move from recording data to analyzing it in order to gain significant insight into the entire value chain of an organization. With advancements in technology, companies can collect and process vast amounts of data quickly and efficiently, allowing for better decision-making and improved operations.

What Is the Most Important Factor That Has Allowed Companies