In the Context of Using Information Technology for a Competitive

question 100

Multiple Choice

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

• A)It focuses on generating new revenue by offering new products and services.
• B)It focuses on improving efficiency by reducing overall costs.
• 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:

Economic Duress

Refers to a situation where one party compels another to agree to a contract under threats or pressure that deprive the victim of their free will.

Misrepresentations

False statements or lies that can affect contracts and agreements, leading to possible legal action for rescission or damages.

Economic Duress

A situation where a person or entity is forced to enter into an agreement or transaction due to financial pressure or threats.

Disproportionately Small

Referring to an amount or share that is significantly less than what is considered fair or equal in comparison to others.