The Enhanced Speed and Quality of Managerial Decision Making Due

question 116

Multiple Choice

The enhanced speed and quality of managerial decision making due to an integrated office system is an example of the impact of which general environmental factor?

• A)global
• B)social
• C)political
• D)economic
• E)technological

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Definitions:

Virtual Office

A venue (home, vehicle, hotel room, or even local coffee shop) where salespeople are able to conduct business with the help of technology.

Technology

The application of scientific knowledge for practical purposes, especially in industry and improvements in tools, machines, systems, and devices.

Gross Profit

The financial gain made after deducting the costs of goods sold from total sales revenue.

Electronic Calendar Management

The use of digital tools and software to organize, schedule, and manage appointments, meetings, and events.