Computer Networks, Database Systems, POS Systems, RFID Tags, Etc

question 102

Multiple Choice

Computer networks, database systems, POS systems, RFID tags, etc., are examples of information technologies that support information systems in ____.

• A)orientation focusing
• B)strategic planning
• C)decision making
• D)consumer building

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Definitions:

Rival Companies

Firms operating in the same industry that compete against each other for market share.

Monopoly Power

Monopoly Power is the ability of a monopoly firm to set and control prices due to the lack of competitive market forces.

Wheat Farm

A type of agricultural establishment primarily engaged in the cultivation of wheat.

Natural Monopoly

A scenario in which a single company is able to offer a product or service more cheaply than any possible rivals, usually as a result of benefiting from the economies of scale.