Information Technology Cannot Help Firms Lower the Cost of Market

question 96

True/False

Information technology cannot help firms lower the cost of market participation making it worthwhile for firms to contract with external suppliers instead of using internal sources.

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Definitions:

Associated

Linked or connected with something else, typically implying a relationship or affiliation between entities or ideas.

RUPA

The Revised Uniform Partnership Act, which governs the operation of partnerships and the relationship between partners in the United States.

Continuity

The state of remaining consistent, unchanged, or uninterrupted over time.

Entity

An organization, company, or individual that has a distinct legal existence and can enter into legal contracts or be subject to legal rights and obligations.