In the Context of Using Information Technologies for a Competitive

question 94

Multiple Choice

In the context of using information technologies for a competitive advantage, a top-line strategy focuses on:

• A)helping different market segments achieve technological advancement.
• B)improving efficiency by reducing overall costs.
• C)refining operations by using latest technologies.
• D)increasing revenue by selling existing products to new customers.

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Definitions:

Percent of Sales Method

A financial analysis technique used to forecast future expenses or account balances as a percentage of sales revenue.

Direct Write-off Method

An accounting method where uncollectible accounts receivable are written off directly against income at the time they are deemed noncollectible.

Uncollectible Receivables

Receivables considered uncollectible by a company and therefore recorded as a loss.

Journalize

The process of recording transactions in the general journal using the double-entry bookkeeping system.