Improvements in Transportation and Communications Have Reduced the Lead Time

question 19

True/False

Improvements in transportation and communications have reduced the lead time for offshore purchases.

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Definitions:

Telephone

A telecommunications device designed to transmit voices over distances using wire or radio by converting sound waves into electrical signals.

Microsoft's Chatbot

An artificial intelligence program developed by Microsoft, designed to simulate conversation with human users over the Internet.

Viral Marketing

Viral Marketing is a strategy that encourages individuals to share a marketing message to friends, family, and others, rapidly spreading word-of-mouth information about a brand or product.

Social Media

Websites and applications that enable users to create and share content or to participate in social networking.