Fedex Is a Great Example of a Company That Created

question 62

Multiple Choice

Fedex is a great example of a company that created a competitive advantage through combining MIS and ________.

• A) traditional distribution and logistics processes
• B) logistic processes and an As-Is process model
• C) artificial intelligence and As-Is process model
• D) swim lanes and logistic processes

---

Definitions:

Equilibrium Quantity

The quantity of goods or services supplied and demanded at the equilibrium price, where the quantity supplied equals the quantity demanded.

Demand Equation

A mathematical representation of the relationship between the quantity of a good demanded and various factors affecting it such as price, income, and the price of related goods.

Downsloping Demand

A concept in economics that describes the inverse relationship between the price of a good and the quantity demanded, typically illustrated by a downward-sloping demand curve.

Upsloping Supply

A supply curve that shows an increase in the quantity supplied as the price increases, typical of most goods.