The Real Increases in Organizational Productivity Due to Information Technology

question 18

Multiple Choice

The real increases in organizational productivity due to information technology come from

• A)the increased speed of message transfer.
• B)the increased volume of messages.
• C)the heightened awareness of cultural diversity.
• D)the ability to communicate in new and different ways.
• E)the reduction in paperwork.

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Definitions:

Inelastic Demand

A situation where the demand for a product does not significantly change with a change in its price.

Elastic Supply

A situation where the quantity supplied of a good changes significantly as the price changes.

Tax Burden

The total amount of tax that individuals, businesses, or other entities must pay to authorities, often expressed as a percentage of income or revenue.

Inelastic Demand

A situation where the demand for a good or service is not significantly changed by changes in price.