IT Investments Can Generate Value by

question 92

Multiple Choice

IT investments can generate value by

• A) limiting the opportunities for creating competitive advantages.
• B) decreasing productivity.
• C) creating larger and larger service based economies.
• D) limiting the ways corporations can compete.
• E) creating more efficient and effective business processes that lead to lower prices.

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Definitions:

Bank Overdraft

A facility that allows an individual or business to withdraw more money from a bank account than has been deposited, up to an agreed limit.

Notes Payable

A liability represented by a written promise to pay a specific sum of money, usually with interest, by a specified date.

Equipment

comprises tangible assets used in operations, such as machinery and office hardware, which have a useful life beyond one year and assist in the production of goods and services.

AASB 132

Refers to the Australian Accounting Standards Board standard on Financial Instruments: Presentation, which covers the presentation of financial instruments in financial statements.