Internet Applications That Enable Real-Time Collaboration and Flow of Information

question 69

Multiple Choice

Internet applications that enable real-time collaboration and flow of information between supply chain partners are referred to as _______.

• A) knowledge management solutions
• B) decision support systems
• C) learning management systems
• D) information management solutions

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Definitions:

Sunk Costs

Costs that have been spent and are non-recoverable.

Erosion Costs

Costs that occur when a new project or investment negatively impacts the revenue or profits of existing projects or investments.

Financing Costs

Expenses incurred by a company or individual in the process of raising capital through debt or equity.

Erosion

In finance, it refers to the gradual decline of an asset's value, or the negative impact one investment can have on the value of an existing investment.