"The Information and Communications Technology (ICT)component Is at the Very

question 5

Multiple Choice

"The information and communications technology (ICT) component is at the very heart of the company's competitive advantage." Which of the following statements is the most accurate justification of this claim?

• A)Companies benefit from the cost savings made possible through information systems.
• B)Cost of implementing technology has increased over a period of time.
• C)Most businesses are involved in the sale of technical or technological services.
• D)Established players in a market favor creative destruction over sustaining technologies.

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Definitions:

Ego Integrity

A sense of wholeness and fulfillment that Erikson described as the final developmental task in his theory, achieved in late adulthood.

Despair

A feeling of utter hopelessness, typically one of the later stages in Erikson's theory of psychosocial development, occurring in old age.

Erikson

A psychologist who developed the theory of psychosocial development across eight stages throughout life.

Foreclosure Status

A term in identity formation referring to a commitment made without exploring alternatives.