A site that competes on the basis of information must be information rich. For example, Amazon has book reviews, tables of contents, and sample pages. It let's readers maintain a wish list and provides suggested books based on past purchases. In contrast, AllBooks4Less shows the cover, a brief description, and the price.
If a firm competes on the basis of information it must have a more elaborate data management system and efficient means of capturing the diverse data (e.g., reviews by readers) that support its competitive strategy. It also needs to provide additional information-based services (e.g., a wish list).
This page is part of the promotional and support material for Data Management (open edition) by Richard T. Watson |