What Can IT Enable an Organization to Accomplish

question 23

Multiple Choice

What can IT enable an organization to accomplish?

• A) Reduce costs
• B) Improve productivity
• C) Generate growth
• D) All of the above

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Definitions:

Incremental Manufacturing Cost

The additional cost incurred to produce an extra unit of output, excluding fixed costs.

Contribution Format

A method of income statement preparation that separates fixed costs from variable costs.

Traditional Format

A conventional method of presenting financial statements or information, typically focusing on separating costs into fixed and variable categories.

Variable Selling Expense

Expenses that vary with sales volume, including commissions and shipping charges.