Information Systems Enhance Core Competencies By

question 48

Multiple Choice

Information systems enhance core competencies by:

• A)providing better reporting facilities.
• B)creating educational opportunities for management.
• C)allowing operational employees to interact with management.
• D)encouraging the sharing of knowledge across business units.
• E)fostering synergies among departments.

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Definitions:

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Purchasing Power Parity Theory

An economic theory that states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Market Basket

A fixed set of goods and services used to monitor changes in price levels and purchasing power over time, often used in calculating inflation.

Exchange Rate

The price at which one country's currency can be exchanged for another country's currency.