IT Has Altered Employees and the Way They Work by Doing

question 15

Multiple Choice

IT has altered employees and the way they work by doing all of the following EXCEPT:

• A) Creating new types of jobs
• B) Greatly changing day-to-day tasks
• C) Supporting new ways to manage talent
• D) Needing more technically knowledgeable individuals
• E) Providing distinct lines between work and play

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Definitions:

Nonprice Competition

A marketing strategy whereby a firm seeks to differentiate its product or service from competitors through attributes other than price, such as quality, service, or brand image.

Tacit Collusion

An unspoken agreement between competitors to avoid certain competitive practices, such as price wars, to maximize profits without explicit communication.

Price Leadership

A situation in a market where one leading company sets the price of goods or services, and other companies in the market follow.

Tacit Collusion

A form of collusion among competing firms in an industry to raise prices or slow production informally without a direct agreement.