In the Context of Using Information Technologies for a Competitive

question 55

Multiple Choice

In the context of using information technologies for a competitive advantage, which of the following statements is true of a top-line strategy?

• A) It focuses on generating new revenue by offering new products and services.
• B) It focuses on improving efficiency by reducing overall costs.
• C) It focuses on refining operations by using latest technologies.
• D) It focuses on helping different market segments achieve technological advancement.

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Definitions:

International Allocation

The distribution of resources, goods, or capital among countries around the globe according to various economic factors and policies.

Comparative Advantage

The ability of an individual, company, or country to produce goods or services at a lower opportunity cost than competitors.

International Specialization

The economic strategy where countries focus on producing goods and services they are most efficient at in order to trade for goods they are less efficient at producing.