The Six Important Business Objectives of Information Technology Are New

question 107

Multiple Choice

The six important business objectives of information technology are new products,services,and business models;customer and supplier intimacy;survival;competitive advantage;operational excellence;and improved ________.

• A)flexibility
• B)decision making
• C)business practices
• D)efficiency

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Definitions:

Premiums

Payments made regularly to an insurance company for coverage, often monthly or yearly.

Coinsurance Clause

A provision in an insurance policy that determines the percentage of the cost a policyholder is responsible for after the deductible is met.

Insurance Coverage

The amount and type of protection provided by an insurance policy against various risks or damages.

Coinsurance Clause

A provision in insurance policies requiring the policyholder to bear a portion of the costs of a claim, promoting shared risk.