Advances in Technology

question 228

Multiple Choice

Advances in technology:

• A) have impacted the manufacturing sector only.
• B) have had only a limited impact on services.
• C) have failed to change the level of customer interaction with an organization.
• D) have had a dramatic impact on customer interaction with services and with products.
• E) have dramatically changed health care, but have not changed retailing.

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Definitions:

Argentinean Government

The government or political leadership of Argentina, a country located in South America.

Default

Failure to repay a loan according to the agreed terms.

Open-Economy Macroeconomic

The study of macroeconomic variables and policies in the context of an economy that interacts freely with other economies, focusing on issues like trade balances and exchange rates.

Real Interest Rates

The interest rate that has been adjusted for inflation, representing the true cost of borrowing and the true return on investment.