Information Technology (IT) Has Been Able to Create Additional Value

question 120

Multiple Choice

Information technology (IT) has been able to create additional value by

• A) reducing costs
• B) improving quality
• C) balancing the cost and timeliness of value activities
• D) all of the above

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Definitions:

Grade Point Average

An average score that represents the cumulative academic performance, calculated by dividing the total amount of grade points earned by the total amount of credit hours attempted.

Entrance Exam

A test designed to evaluate a prospective student's academic ability or suitability for admission to a particular school or program.

Random Sample

A sample drawn in such a way that each member of the population has an equal chance of being selected.

Correlation Coefficient

A numerical measure that indicates the extent of a linear relationship between two variables, ranging from -1 to 1.