In the Context of Using Information Technologies for a Competitive

question 81

Multiple Choice

In the context of using information technologies for a competitive advantage, which statement is true of a bottom-line strategy?

• A)It focuses on improving efficiency by reducing overall costs.
• B)It focuses on generating new revenue by offering new products and services.
• C)It focuses on enhancing rivalry among existing competitors.
• D)It focuses on helping different market segments achieve a cost advantage.

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Definitions:

Altruism

The selfless concern for the well-being of others, often leading to actions that benefit others at a cost to oneself.

Prejudice

A preconceived judgement or opinion about someone or something that is not based on reason or actual experience, often manifesting as bias or discrimination.

Discrimination

Unfair or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Free Association

A psychoanalytic technique used to explore the unconscious by having patients reveal whatever thoughts, feelings, or images come to mind.