In "IT Doesn't Matter",Nicholas Carr Argues That

question 11

Multiple Choice

In "IT doesn't Matter",Nicholas Carr argues that

• A)companies are spending too much money on IT.
• B)there are no productivity gains for any amount of IT investments.
• C)technology adds no value to companies.
• D)disruptive technologies tend to be commoditized over time and hence provides less strategic advantage.
• E)the marginal benefits of an IT investment decreases over time.

Distinguish between the effects of learning curves and economies of scale on production costs.

Apply knowledge of cost functions and production outputs to solve problems related to joint production costs.

Evaluate the strategic decisions firms make in response to the discovery of economies of scope.

Understand the relationship between cost curves (average and marginal) and production efficiency.

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Definitions:

Behaviors

Observations of individual actions and responses, often studied in psychology to understand and predict human interactions.

Values

Core principles or beliefs that guide behavior and decision-making.

Individuals

Separate persons considered separately from a group or collectively.

Organizations

Organizations are structured groups of people working together towards common goals or objectives, ranging from businesses to non-profits.