Which Option Has a Major Influence on How Fast an Enterprise

question 219

Multiple Choice

Which option has a major influence on how fast an enterprise can move toward a stronger use of digital business capability?

• A) skills to manage risks related to use of emerging technologies
• B) globalization of the sales force
• C) new product launches that require IT capacity
• D) competition in the industry due to end of regulations

Understand how to manage social media presence and respond to negative information online.

Learn to use positive language to mitigate the impact of bad news.

Know the importance of promptness and clarity in delivering bad news.

Grasp the effectiveness of different communication mediums for delivering sensitive news.

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Definitions:

EOQ

Economic Order Quantity, a formula used in inventory management to determine the optimal order size that minimizes total costs of inventory holding and ordering.

Ordering Cost

The expenses associated with placing an order for supplies or inventory, including costs related to paperwork, communication, and logistics.

Revised EOQ

Economic Order Quantity; refers to the updated calculation of the optimal quantity of inventory to minimize total inventory costs, including holding, ordering, and shortage costs.