NASDAQ Is an Example of How Information Technology Can

question 98

Multiple Choice

NASDAQ is an example of how information technology can

• A) help engineers design products that exactly meet the needs of a specific target market.
• B) be used to create organizations and provide services that are independent of location.
• C) provide small firms with new opportunities to grow by forming alliances with larger companies.
• D) help the government measure the environmental impact of business activities.

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Definitions:

Psychological Impact

The effect that an event, action, or circumstance has on the mental state or emotional wellbeing of an individual or group.

Net Worth

The total value of an individual's or organization's assets minus liabilities, representing the actual value of ownership equity.

Operating Costs

Expenses associated with the day-to-day functioning of a business, including costs for rent, utilities, payroll, and raw materials.

Discretionary Income

The portion of a person's income remaining for investment, savings, or expenditures after deducting taxes and essential living costs such as housing and food.