Which of the Following IT Strategies Is Most Effective for Responding

question 29

Multiple Choice

Which of the following IT strategies is most effective for responding to competitive pressures created by the marketplace?

• A) Promote closer linkage between organizational strategy and information.
• B) Provide users with greater online access to information systems.
• C) Enhance the functionality of application systems.
• D) Expand the use of automated controls.

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Definitions:

Short Run

A time period in which at least one factor of production is fixed, limiting the ability of firms to adjust to market changes.

Long Run

A period in which all factors of production and costs are variable, allowing full industry adjustment.

Labor Supply

Refers to the total hours that workers or the labor force are willing to work at a given wage rate.

Apple Pickers

Workers or laborers who specialize in harvesting apples from orchards during the picking season.