Information Technologies Give Organizations Fast New Ways to Interact and Develop

question 88

True/False

Information technologies give organizations fast new ways to interact and develop long-term relationships with their customers and suppliers.

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Definitions:

Coordination

The act of organizing or aligning elements in a system or process to work together efficiently towards a common goal.

Literate Workforce

A population of workers proficient in reading and writing, often tied to improved productivity and economic outcomes for a country.

Printing Press

A mechanical device for applying pressure to an inked surface resting upon a print medium, thereby transferring the ink, historically crucial in the development and spread of literature and education.

Capitalism

An economic system based on private ownership of the means of production and the creation of goods and services for profit.