Which of the Following Best Describes an Office Automation System

question 36

Multiple Choice

Which of the following best describes an office automation system?

• A) It automates production processes, and orders and monitors inventory.
• B) It is technology used by information technologists only.
• C) It is technology used to assist all levels of employees to complete their daily tasks.
• D) It includes devices used for telecommuting only.

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Definitions:

Gaskets

Mechanical seals that fill the space between two or more mating surfaces, generally to prevent leakage from or into the joined objects while under compression.

Market Power

The ability of a company or entity to control prices or exclude competition in a particular market.

Bid Rigging

An illegal agreement between parties to conspire to fix the outcomes of bidding processes to benefit all involved parties unfairly.

Predatory Pricing

The practice of selling a product or service at a very low price with the intent of driving competitors out of the market or creating barriers to entry for potential new competitors.