Which of the Following Statements Is Not True About Information

question 55

Multiple Choice

Which of the following statements is not true about information technology's impacts on business firms?

• 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.

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Definitions:

Older Persons

Individuals who have reached an advanced stage of life, often defined by chronological age, such as 65 years and older, with varying implications for health, social, and legal considerations.

Recall

The process of retrieving information or memories from one's past, which can vary in accuracy.

Vestibulocochlear Nerve

The eighth cranial nerve responsible for hearing and balance, transmitting sensory information from the inner ear to the brain.

Taste and Smell

Two of the senses that work together to add flavor to food and trigger memories, responsible for detecting chemical substances in the mouth and the air.