Information Systems Technology Can

question 2

Multiple Choice

Information systems technology can:

• A)increase data accessibility and transmission speed,but increases costs.
• B)enable system integration across functions,but not data accuracy.
• C)increase data accuracy and accessibility at lower cost.
• D)enable speedier communication internally,but not externally with suppliers.
• E)enable system integration,but increases time spent on tactical issues.

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Definitions:

Retail Stores

Physical or online outlets that sell goods directly to consumers.

Neoclassical Economists

Economists who emphasize the importance of supply and demand as forces that regulate price levels and allocate resources in an efficient manner.

Computational Skills

The ability to use mathematical techniques and algorithms to solve problems and perform calculations.

Fairness

A person’s opinion as to whether a price, wage, or allocation is considered morally or ethically acceptable.