Because the Cost of Data Storage and Data Communications Is

question 32

Multiple Choice

Because the cost of data storage and data communications is essentially zero,any routine skill will be ________.

• A)performed in-house by skilled professionals
• B)outsourced to a vendor who is geographically closer
• C)outsourced to the lowest bidder
• D)performed in-house by semi-skilled professionals

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Definitions:

Efficient Markets Hypothesis

The theory that stock prices fully reflect all available information, making it impossible to consistently achieve higher returns.

Stock Price

The current market price at which a share of a company's stock can be bought or sold.

Profitability

A measure of how effectively a company generates profit compared to its revenue. It's an indicator of financial health and efficiency.

Chief Executive Officer

The highest-ranking executive in a company, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.