Finding the Right People to Apply New Information Technology for E-Business

question 171

True/False

Finding the right people to apply new information technology for e-business is a current strategic issue of particular concern for HR managers.

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Definitions:

Protected Monopoly

refers to a market or industry where a single provider is shielded from competition through legal means, such as regulations or patents.

Monopoly Environment

A market structure characterized by a single seller, selling a unique product in the market.

Competitive Advantage

The attributes or conditions that allow a company or country to produce goods or services more efficiently or at a higher quality than its competitors.

Sustainable Profit

Profit achieved without compromising the ability of future generations to meet their needs, often associated with ethical and environmentally friendly practices.