IBM Is an Example of How Capabilities May Cease to Add

question 63

True/False

IBM is an example of how capabilities may cease to add value and instead become core rigidities.

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Definitions:

Money Supply

The aggregate financial resources within an economy, including cash, coins, and the funds in checking and savings accounts, at a designated time.

Paper Money

Currency in the form of paper notes issued by the government or central bank as legal tender for transactions.

Federal Reserve System

The United States' primary bank system, tasked with monetary policy management.

National Banks

Financial institutions chartered by the federal government, subject to national banking laws and regulations.