Organizations That Use the Internet for Internal Activities, Such as Keeping

question 24

Short Answer

Organizations that use the Internet for internal activities, such as keeping their staff connected to a corporate database, are following the ____________________ e-business model.

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Definitions:

Lagrangian Technique

A mathematical method used in economics and engineering to find the maximum or minimum values of a function subject to constraints.

Optimal Capital/Labor Ratio

The most efficient mix of capital and labor that maximizes output or minimizes cost for producing a given level of output.

Production Function

An equation that describes the maximum output of a firm, given the quantity of inputs.

Variable Cost Function

A mathematical representation of the costs that vary with the level of output or activity, unlike fixed costs.