A relational table, which is what this team proposes, is the easiest table to create and use. It allows for very simple database that has all the information is rows and columns for you to look at. Typically, all of the information is not on one file, but in many tables that are related to each other instead. The information is then able to be compared to one another if there are similar columns between the separate tables. This is important because it keeps the files in manageable sizes, and still allows the flexibility of creating reports and being able to search through the information quickly with queries.
Lastly, there is a plethora of collaborative software at the disposal of the company, but two that stand out are Google Docs and Microsoft’s SharePoint. What is nice about Google Docs is that it is a free software and it is very easy to use. The downfalls is that it allows everyone to edit at the same time, and it is harder to control what happens to the documents within. On the other hand Micrsoft’s SharePoint allows for more control to what happens to the documents
References: Rainer, R. K., & Cegielski, C. G. (2011). Introduction to information systems (3rd ed.). Hoboken, N.J.: Wiley.