During the 1980s Business Technology Began to Emphasize the Use

question 88

True/False

During the 1980s business technology began to emphasize the use of technology to change how business was conducted by introducing new methods.

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Definitions:

Capital Flight

the large-scale exodus of financial assets and capital from a country due to economic instability or unfavorable investment conditions.

Demographic Transition View

A model explaining how changes in birth and death rates can affect the age and growth dynamics of a population over time.

Opportunity Costs

The value of the next best alternative that is foregone when a decision is made.

Underemployment

A situation in which workers are employed below their skill level or work fewer hours than they would prefer.