Firms That Are Not Technology Oriented Must Develop New Capabilities

question 41

Multiple Choice

Firms that are not technology oriented must develop new capabilities to survive. For example, when Amazon.com changed the face of e-retailing in the 1990s, traditional brick-and-mortar bookstores had to adapt quickly. To regain competitiveness, they had to ________, which wasn't always easy for them to do.

• A)dramatically overhaul their information technology capabilities
• B)eliminate all books from their product mix
• C)build more stores
• D)hire more sales staff
• E)pay higher salaries to their employees

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Definitions:

Colonial Newspapers

Publications created during the colonial period that acted as one of the primary modes of communication, offering news, advertisements, and opinions to settlers.

Revenue

The income that a government, company, or organization receives from its activities, often used to refer to business income from sales.

Colonial Colleges

Colonial colleges are nine institutions of higher education in the United States that were established during the colonial period. They include Harvard, William & Mary, Yale, and others, and they played a significant role in the development of American higher education.

Religious Education

The teaching of a particular religion and its beliefs, practices, and moral values, often within an educational setting.