An Example of a Business Using Information Systems to Attain

question 48

Multiple Choice

An example of a business using information systems to attain operational excellence is

• A)Wal-Mart's Retail Link system.
• B)the Mandarin Oriental hotel's customer-preference tracking system.
• C)Verizon's Web-based digital dashboard.
• D)Apple Inc.'s iPod.
• E)Citibank's ATMs.

---

Definitions:

Par Value

The nominal or face value of a stock or bond, as stated by the issuer.

Fair Value

An estimate of the market value of an asset or liability, based on current conditions and agreed upon by both buyer and seller.

Goodwill

Goodwill is an intangible asset that arises when a company acquires another company for a premium value, representing elements such as brand reputation, customer relations, and intellectual property.

Acquisition

Gaining control over a different corporation through the acquisition or trade of shares.