An Important Advantage Knowledge Technology Has Over Older Versions of Business

question 84

Multiple Choice

An important advantage knowledge technology has over older versions of business technology is that it

• A) delivers timely information directly to the people who need it.
• B) is much cheaper to incorporate into most business operations.
• C) allows businesses to locate anywhere and still reach their customers.
• D) eliminates the need for businesses to store information electronically.

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Definitions:

Correlational Research

A scientific research methodology that examines the relationship between two or more variables to determine if a correlation exists.

Causal Research

A type of investigation aimed at determining cause-and-effect relationships.

Power Analysis

A statistical method used to determine the smallest sample size needed to detect an effect of a given size with a certain degree of confidence.

Response Category

Preset answers or categories provided for a question in surveys or questionnaires, guiding respondents in their answers.