Which of the Following Is a Benefit of Using Technology

question 13

Multiple Choice

Which of the following is a benefit of using technology

• A) It increases the number of human service providers in firms.
• B) It increases quality and productivity of firms.
• C) It increases opportunities for employee empowerment.
• D) It makes it easy for customers to change decisions and return goods.

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Definitions:

Loanable Funds

The funds available in the financial markets for borrowing, which come from people's savings and the money printed by the government.

Government Expenditures

The total amount spent by the government in a given period, including spending on goods and services, social benefits, and public works.

Taxes On Interest Income

Taxes applied to income gained through interest from savings or investments.

Interest Rate

The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal, typically on an annual basis.