A Knowledge Worker Uses Information and Knowledge as Raw Materials

question 66

True/False

A knowledge worker uses information and knowledge as raw materials and relies on information technology to design new business products or processes.

---

Definitions:

Open Account Agreement

A payment term arrangement between sellers and buyers where goods are shipped and delivered before payment is due.

Least Safe

Describes items or situations that are considered to have the highest level of risk or danger compared to others.

Unfavorable Balance

A financial situation where expenses or payments are greater than earnings, income, or cash inflows, often relating to trade deficits.

Syndicate

A group of banks that work together to offer credit in order to reduce risk.