Which of the Following Illustrates the Use of Information Systems

question 44

Multiple Choice

Which of the following illustrates the use of information systems to strengthen customer and supplier intimacy?

• A)A hot tub dealer's use of information systems to determine which models and options its customers are most likely to buy
• B)A shoe manufacturer's use of information systems in selling custom, made-to-order shoes directly to customers
• C)A PC manufacturer's use of information systems to facilitate direct access from suppliers to production schedules
• D)A grocery store chain's use of information systems to produce products and services at a lower price than competitors

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Definitions:

Balance Sheet Accounts

Accounts appearing on the balance sheet, representing a company's assets, liabilities, and equity at a specific point in time.

Income Statement Accounts

Accounts that reflect income, expenses, gains, and losses, which are used to determine the net income of a business.

Deferred Revenue

Income received by a company for products or services yet to be delivered or completed, considered a liability until the revenue is earned.

Unearned Rent

Income received by a property owner for which the services (use of property) have not yet been provided.