Which of the Following Is a Risk of Outsourcing IS/IT

question 56

Multiple Choice

Which of the following is a risk of outsourcing IS/IT functions?

• A)It gives undue authority to the CIO in the executive team.
• B)It provides the hiring organization with too many choices.
• C)It involves the potential loss of intellectual capital.
• D)It enables the vendor to gain economies of scale.

Grasp the AIDA model's stepwise process of attention, interest, desire, and action in marketing communications.

Recognize the cost and effectiveness of personal selling versus other IMC (Integrated Marketing Communications) methods.

Identify the effectiveness of advertising in creating product awareness and generating interest.

Understand the goal of marketing communication to relay the right message to the right audience through the appropriate media channels.

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Definitions:

Price Elasticity

The determination of demand elasticity for a product relative to changes in its price.

Constant Slope

A line on a graph that has the same steepness throughout, indicating a uniform rate of change.

Price Elasticity

Price elasticity measures how the quantity demanded or supplied of a good changes in response to a change in its price.

Linear Demand

A type of demand relationship where changes in price lead to direct, proportional changes in quantity demanded.