Information is the currency that companies have used for competitive advantage in business since the earliest beginnings of barter negotiations and commercial commerce. Success in barter commerce often depended on knowledge of sources of food, labor or materials that could be exchanged. In today's highly competitive global economy, knowledge of consumer and business behavior, socio-economic, lifestyle and/or demographic information, can be transformed through information analysis (known as decision science, marketing science or customer analysis) into actionable insight. It is this insight that provides key decision-making support to companies that seek to enhance profitability and/or gain a competitive business advantage.
To read the Decision Science and Customer Analysis report entitled,"Competitve Advantage or Necessary to Succeed?," please click here.
Posted November 25, 2008 12:02 PM
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