"IT Resources Have Become a Commodity

question 87

Multiple Choice

"IT resources have become a commodity." Which of the following statements best supports this claim?

• A)IT resources are available to all the players in a market.
• B)Implementation of IT resources increases employee productivity.
• C)Technology helps organizations perform better than their competitors.
• D)Most IT investments are applied to growing and transforming an organization.

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Definitions:

Standard Of Living

denotes the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Nominal GDP

Refers to the gross domestic product measured at current market prices, without adjusting for inflation.

Technological Change

A change in the methods of production and product innovation that leads to greater efficiency and productivity.

Unemployment

A situation where individuals who are capable of working and are actively seeking employment are unable to find a job.