What Are the Factors Included in the Global Collaboration Category

question 46

Multiple Choice

What are the factors included in the global collaboration category of global IT business drivers?

• A) Common equipment, facilities, assembly processes, and people are shared by a global company and IT can track shared resources
• B) The knowledge and expertise of colleagues in a global company can only be accessed, shared, and organized by global IT systems
• C) Customers who travel anywhere or companies with global operations and global IT systems help provide fast, convenient, homogeneous service
• D) Products are the same worldwide and global IT can help manage worldwide marketing, sales, and quality control

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Definitions:

Total Product

The overall quantity of output that a firm produces, usually within a given period of time, based on the input of resources.

Marginal Product

The additional output that is produced by employing one more unit of a particular input, such as labor or capital.

Average Product

The output per unit of input, calculated by dividing total output by the total amount of input used.

Short-Run

A period during which at least one input, typically capital, is fixed, influencing the flexibility of businesses to adjust to market changes.