An Organization That Wishes to Leverage the Power of Social

question 16

Multiple Choice

An organization that wishes to leverage the power of social media and elastic cloud opportunities to help accomplish its goals and objectives should ideally turn to the ________ group within its IT department for information.

• A) operations
• B) development
• C) technology
• D) data administration

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Definitions:

Opportunity Cost

The cost of the next best alternative that is forgone when making a decision.

Economic Concept

A principle, theory, or idea that forms the basis for economic analysis and decision-making.

Marginal Analysis

An approach in economics that involves examining the consequences of adding to or subtracting from the current situation.

Opportunity Cost

Foregoing the opportunity for advantages from different choices by opting for a specific one.