The Ability to Effectively and Efficiently Access and Use Information

question 7

Multiple Choice

The ability to effectively and efficiently access and use information is:

• A) Vitally important at the point where a domestic firm enters the global market
• B) An important source of competitive advantage in virtually all industries
• C) The minimum required for survival in virtually any industry
• D) Critically important mainly in high technology industries

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Definitions:

Bar Chart

A graphical display used to represent data with rectangular bars of lengths proportional to the values that they represent.

Qualitative Variable

A variable that categorizes or describes an attribute using qualitative properties (e.g., colors, names, labels).

Stem And Leaf Plot

A graphical representation used in descriptive statistics to display quantitative data where each data point is split into a "stem" and a "leaf."

Limnologist

A scientist who specializes in the study of inland waters, including the biological, chemical, physical, and geological characteristics and processes of lakes and rivers.