Modern Information Systems _____ an Organization's Need for Hierarchy and _____

question 99

Multiple Choice

Modern information systems _____ an organization's need for hierarchy and _____ its efficiency.

• A)decrease; decrease
• B)decrease; increase
• C)increase; increase
• D)increase; decrease
• E)increase; do not affect

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Definitions:

Government Regulations

The laws and rules established by governments to control or guide specific economic activities or markets.

Lending Standards

The set of criteria used by banks and financial institutions to determine the creditworthiness and eligibility of prospective borrowers.

Competitive Markets

Markets characterized by many buyers and sellers where no single participant can significantly influence the price of goods or services.

Externalities

Effects of a transaction or activity on third parties who are not directly involved, which can be either beneficial (positive externalities) or harmful (negative externalities).