Since Value Chain Management Relies Heavily on Substantial Information Technology

question 77

Multiple Choice

Since value chain management relies heavily on substantial information technology infrastructure, _________should always be addressed.

• A) standardized information exchange protocols
• B) system security
• C) software compatibility
• D) personal identity theft

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Definitions:

Marginal Productivity Theory

An economic theory stating that the amount of pay or wages a worker receives is directly related to their contribution to the output or productivity.

Income Disparities

The uneven distribution of income within a population, often leading to social and economic inequality.

Median Earnings

The middle value of earnings in a group, where half earn more and half earn less, often used as a standard of comparison.

Labor Market

The supply and demand for labor, where employers find employees and individuals find jobs.