Examlex
Which of the following best illustrates the use of information systems to focus on market niche?
Office Building
A structure designed primarily for the purpose of housing offices and businesses, providing a workspace for employees and services for clients.
Assembly Line
A production process that breaks down the manufacture of a good into steps that are completed in a pre-defined sequence, often on a conveyor belt, to increase efficiency.
Opportunity Cost
The neglect of possible enhancements from other avenues when one direction is pursued.
Capacity Utilization Rate
The capacity utilization rate measures the proportion of potential economic output that is actually realized, often used in manufacturing to indicate the percentage of total productive capacity being utilized.
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