The Most Likely Reason a Firm Would Decide to Establish

question 9

Multiple Choice

The most likely reason a firm would decide to establish an extranet would be the desire to

• A) speed the flow of information on its private network by increasing the bandwidth.
• B) make the information on its network widely available to the general public.
• C) share information and collaborate with a select group of outside organizations or individuals.
• D) overcome the speed and capacity limitations of its external connection to the Internet by gaining access to the very-high-speed Backbone Network Service.

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Definitions:

Qualitative Forecasting

A forecasting method that relies on expert judgments and non-quantifiable information to predict future outcomes.

Special Expertise

Unique skills or knowledge in a particular field, making an individual or organization capable of performing tasks that require specialized understanding.

Quantitative Forecasting

A statistical approach to predict future events or outcomes based on numerical data and analysis.

Statistical Analyses

The process of collecting, reviewing, and interpreting data to make conclusions based on statistical methods.