All of the Following Statements Are True About Information Technology's

question 70

Multiple Choice

All of the following statements are true about information technology's impact on business firms except:

• A)it helps firms expand in size.
• B)it helps firms lower the cost of market participation.
• C)it helps reduce internal management costs.
• D)it helps reduce transaction costs.
• E)it helps reduce agency costs.

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Definitions:

Just Noticeable Difference

The minimal change in a stimulus that can just barely be detected by an organism.

Decibels

A unit of measurement for the intensity of sound, reflecting the relative loudness of sounds as perceived by the human ear.

Synesthesia

A condition in which one sense is simultaneously perceived as if by one or more additional senses, such as when seeing sound as colors.

Distal Stimulation

The occurrence of stimuli in the external environment that interact with our sensory organs, leading to perception.