Which of the Following Statements About Information Management Is True

question 99

Multiple Choice

Which of the following statements about information management is true?

• A)Information management is a form of management that appeared with the introduction of computers.
• B)Throughout history, organizations have been reticent to adopt new information technologies.
• C)Businesses are not typically interested in information technologies that offer speed.
• D)​The first technologies to truly revolutionize the business use of information were paper and the printing press.
• E)Obtaining information through information technology is costly and labor intensive.

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Definitions:

Firm A

A placeholder name often used to refer to a specific company in examples or case studies.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows.

Company Stock

Shares of ownership in a corporation, representing a claim on the company's earnings and assets.

Incremental Value

The additional value generated by taking a specific action, such as implementing a project, over the base case without taking the action.