Which of the Following Statements About Information Technology Is NOTtrue

question 39

Multiple Choice

Which of the following statements about information technology is NOTtrue?

• A) It has resulted in leaner organizations.
• B) It provides more flexible operations.
• C) It has provided more down time for employees.
• D) It has increased collaboration among employees.
• E) It has improved management processes.

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Definitions:

Total Surplus

The sum of consumer and producer surplus; represents the total net benefit to society from the production and consumption of a good or service.

Deadweight Loss

Economic efficiency is lost when the balance for a good or service is either not met or unattainable.

Tariff

A tax imposed on imported goods and services to regulate trade, increase government revenue, or protect domestic industries.

Consumer Surplus

The variance between the sum consumers are inclined and can afford to pay for a good or service and the sum they genuinely pay.