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.

Comprehend the impact of globalization on entrepreneurship.

Recognize the demographic and economic trends affecting entrepreneurship.

Identify how information technology supports entrepreneurial ventures.

Discern the types of financing available to entrepreneurs and their characteristics.

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Definitions:

Highly Stressful Situations

Circumstances that significantly increase stress levels due to perceived or real threats, challenges, or demands.

Correlational Research

A method of data analysis that measures the extent to which two variables are related, without determining cause and effect.

Ethical to Manipulate

The question of whether it's ethical to manipulate refers to the moral implications of influencing someone's behavior or decisions without their informed consent.

Autistic Savants

Individuals with autism who have extraordinary skills not exhibited by most persons.