Both E-Business and ASPs Create Risks and Costs for Organizations

question 71

Multiple Choice

Both e-business and ASPs create risks and costs for organizations.Which of the following best pairs a potential cost of e-business with a potential risk of using an ASP?

• A)Potential for customer distrust, inability to pay monthly fees
• B)Financial costs associated with setting up networks, reduced flexibility
• C)Potential for customer distrust, psychological & behavioral factors
• D)Financial costs associated with setting up networks, psychological & behavioral factors

Acknowledge the importance of adopting the metric system for international trade.

Understand the value of cultural diversity in business and the incorrect approach of enforcing uniform thinking to reduce conflicts.

Learn about power distance and its implications on workplace dynamics across different cultures.

Recognize the importance of self-awareness in one’s own cultural identity and its impact on intercultural interactions.

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Definitions:

Organization Value

The core principles and beliefs that guide an organization's decisions and behavior, influencing its culture and identity.

Maximizing Contribution

Maximizing contribution involves strategies and practices designed to enhance the involvement, performance, and productivity of individuals or teams to their full potential for the benefit of the organization.

Multinational Company

A corporation that operates and has assets in more than one country, allowing it to produce and sell goods in various markets.

Performance-Based Pay

A compensation system where employees' pay is directly related to their performance output or achievements, rather than time worked.