Examlex
List at least three advantages of virtual organizations.
Excess Profits
Profits that exceed the normal expected return on investment, often occurring in industries with little to no competition.
Perfectly Competitive Industry
An industry structure where many firms sell identical products, entry and exit are easy, and no single seller controls the market price.
Market Price
The price at which a good or service can be bought or sold in a marketplace, determined by supply and demand.
Perfect Competition
A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information.
Q21: When Karla sees her doctor,she tells him
Q32: Describe the loading process of ETL.
Q47: Twitter is an example of a management
Q54: Trojans do not replicate themselves,as viruses and
Q54: A magnetic tape stores data sequentially.
Q66: People with Broca's aphasia have difficulties with
Q79: What are some of the advantages of
Q83: _ feasibility is concerned with whether the
Q85: An advantage of silicon over gallium arsenide
Q95: A bus can be internal or external.