In the Context of Using Information Technology for a Competitive

question 29

Multiple Choice

In the context of using information technology for a competitive advantage,identify a true statement about bottom-line strategy.

• A)It focuses on improving efficiency by reducing overall costs.
• B)It focuses on generating new revenue by offering new products and services.
• C)It focuses on enhancing rivalry among existing competitors.
• D)It focuses on helping different market segments achieve a cost advantage.

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Definitions:

Single Parent

An individual who has at least one child and raises them without the assistance of the other biological parent in the home.

Education

The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through methods such as teaching, training, storytelling, discussion, and directed research.

Compounded Monthly

Refers to the process where the interest earned is added to the principal sum each month, and future interest is calculated on the new total.

Sinking Fund

A reserve fund established by setting aside revenue over a period of time to fund a future capital expense or repayment of a long-term debt.