The Six Important Business Objectives of Information Technology Are New

question 47

Multiple Choice

The six important business objectives of information technology are new products, services, and business models; customer and supplier intimacy; survival; competitive advantage; operational excellence; and

• A) improved flexibility.
• B) improved decision making.
• C) improved business practices.
• D) improved efficiency.

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Definitions:

Government Surplus

The situation where a government's income from taxes and other sources exceeds its expenditure over a specified period.

Keynesians

are economists or adherents of the economic theories of John Maynard Keynes, who advocated for government intervention in markets to mitigate the adverse effects of economic cycles.

Monetarists

Economists who theorize that alterations in the money supply have a major influence on the national output in the short run and affect price levels over more prolonged periods.

Rational Expectationists

Economists who argue that individuals make decisions based on their rational outlook, available information, and past experiences.