Many Firms Feel That In-House IT Resources and Capabilities Provide

question 61

True/False

Many firms feel that in-house IT resources and capabilities provide a competitive advantage because an in-house team can respond quickly when business problems or opportunities arise.

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Definitions:

Liberty Of Contract

A legal principle that individuals have the freedom to negotiate the terms of their employment contracts without government interference.

Labor Regulations

Laws and standards set by governments to control working conditions, minimum wage, hours, safety, and workers' rights.

Supreme Court

The highest judicial body in a country, such as the United States, with the power to adjudicate legal disputes and interpret the constitution.

Little Bighorn

The site of the 1876 Battle of the Little Bighorn, also known as Custer's Last Stand, where Lakota Sioux, Northern Cheyenne, and Arapaho forces defeated the 7th Cavalry Regiment of the U.S. Army.