In the Initial Phase in Their Use of Information Systems

question 33

Multiple Choice

In the initial phase in their use of information systems, organizations focused on _____

• A) using information systems to reduce costs and improve productivity
• B) gaining competitive advantage
• C) both reducing costs and gaining competitive advantage
• D) using the most current technology available

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Definitions:

Warranty Of Merchantability

The warranty of merchantability is a legal guarantee provided by sellers that goods for sale will meet reasonable quality and usability standards as understood in the marketplace.

Strict Liability

A legal standard that holds a party responsible for their actions or products, regardless of fault or intent.

Implied Warranty

A legal term for the assurance that a product is suitable for its intended purpose even if it's not explicitly stated.

Merchant Status

A classification under the Uniform Commercial Code for individuals or entities acting in a commercial capacity, demonstrating knowledge or expertise specific to the goods involved in the transaction.