"Virtual Offices" That Give Everyone on a Team Access to the Same

question 90

Multiple Choice

"Virtual offices" that give everyone on a team access to the same set of resources and information are called

• A) instant messaging software.
• B) videoconferencing systems.
• C) shared workspaces.
• D) extended databases.
• E) none of the above.

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Definitions:

Output Market

The output market is the marketplace in which goods and services produced by firms are sold or exchanged, contrasting with input markets where firms buy resources needed for production.

Labor

The physical and mental effort used to produce goods and services.

Normal Good

A good for which demand increases when consumer income rises, and decreases when consumer income falls.

Inferior Good

A type of good whose demand decreases when consumer income rises, contrary to normal goods, which see increased demand as incomes rise.