_____ Is a Strategy Based on the Use of IT

question 109

Multiple Choice

_____ is a strategy based on the use of IT to reduce the costs associated with the product assembly process or the way services are delivered to customers.

• A) Six Sigma
• B) Flexible manufacturing
• C) Process reengineering
• D) Niche marketing
• E) Customer relationship management

---

Definitions:

Discount Factor

The discount factor is a multiplier that adjusts the future value of a cash flow to its present value, reflecting the time value of money.

Discount Rate

The applied rate in discounted cash flow studies for turning future cash flows into their equivalent present-day financial value.

Cash Inflows

Money received by a business from its operations, investments, or financing activities.

Discount Factor

A multiplier used to calculate the present value of future cash flows; reflects the time value of money.