The Chief Information Officer (CIO) Is the Representative for Information

question 55

True/False

The chief information officer (CIO) is the representative for information systems (IS) and information technology (IT) issues within the executive staff.

---

Definitions:

Price Discrimination

The practice of selling the same product or service at different prices to different customers, not due to differences in cost.

Competitors

Entities or individuals engaged in a commercial contest or rivalry, vying for the same market share or customer base.

Market Share

The percentage of an industry's sales that a particular company controls.

Substitutable Products

Goods or services that can serve as replacements for each other; demand for one increases when the price of the other increases.