__________ Helps to Clarify the Key Technologies Upon Which an Organization

question 109

Multiple Choice

__________ helps to clarify the key technologies upon which an organization depends, often in terms of their competitive value.

• A) A product champion
• B) A technology audit
• C) Benchmarking
• D) Scanning
• E) A CIO

---

Definitions:

Fixed Supply

A situation where the quantity of a good available is constant and does not change with price.

Demand Determined

A characteristic of markets where the quantity of goods or services sold is primarily influenced by consumer demand.

Perfectly Inelastic

A market situation where the quantity demanded or supplied is completely unresponsive to price changes.

Demand Determined

A market characteristic where the quantity of products or services provided is primarily set by the level of demand.