What Is the Most Commonly Cited Reason for Designing and Implementing

question 62

Multiple Choice

What is the most commonly cited reason for designing and implementing virtual offices?

• A)better customer service
• B)more mobile
• C)increased productivity
• D)less employee drama
• E)cost reduction

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Definitions:

Relevant Market

The market segment comprising all the consumers and businesses interested or potentially interested in purchasing a specific product or service, considering the available substitutes.

Standard Oil

Standard Oil was an American oil producing, transporting, refining, and marketing company. Established in 1870, it was a precursor to the modern oil industry and was later broken up due to antitrust laws.

Conglomerate Merger

A type of corporate merger between companies that operate in entirely different industries, aimed at diversification and risk reduction.

RCA

Radio Corporation of America, historically a major American electronics company and a pioneer in radio and television; also refers to a type of audio-video cable connector.