Which of the Following Is One of the Three Critical

question 24

Multiple Choice

Which of the following is one of the three critical questions that a firm needs to address to sustain a competitive advantage through information technology?

• A) Is the information technology simple enough for the firm's workers to adapt to it?
• B) Is it easy to integrate the new information technology with the technology already being used by the firm?
• C) Is it difficult for another company to create or buy the information technology used by the firm?
• D) Is the company using ethical procedures to implement the information technology?

Understand the primary purposes and components of a budget.

Comprehend the budgeting process for different departments within an organization, including production, sales, and purchasing.

Recognize the importance and process of sales forecasting in budgeting.

Grasp the concept of long-term and short-term budgeting and their significance.

---

Definitions:

Person-Situation Debate

A theoretical discourse in psychology about whether human behavior is more influenced by personal traits or situational factors.

Personality Psychology

A branch of psychology focused on studying individual differences in people's thoughts, feelings, and behaviors, and how these are organized into unique personality patterns.

Hub Topic

A central or core subject around which discussions, ideas, or activities are concentrated in an academic, professional, or social context.

Personality

The assembly of traits and qualities that shape a person's distinctive individuality.