The First Company to Use New Information Technology to Substantially

question 42

Multiple Choice

The first company to use new information technology to substantially lower costs or differentiate products or services often gains ___________.

• A) first-mover advantage
• B) lower profits
• C) less market adaptability
• D) increased synergy
• E) all of these

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Definitions:

Party's Ability

The capacity or competence of a person or group to perform or achieve certain actions or outcomes.

Legally Enter

To gain access or admission in accordance with the law, often referred to in the context of immigration or property access.

Living Will

Advance directive; a document, written in advance, that states the patient’s wishes regarding end-of-life care.

Medical Wishes

Instructions given by individuals regarding their preferences for medical treatments and interventions in situations where they might not be able to make decisions for themselves.