What Are the Factors Included in the Global Products Category

question 37

Multiple Choice

What are the factors included in the global products category of global IT business drivers?

• A) Common equipment, facilities, assembly processes, and people are shared by a global company and IT can track shared resources
• B) The knowledge and expertise of colleagues in a global company can only be accessed, shared, and organized by global IT systems
• C) Customers who travel anywhere or companies with global operations and global IT systems help provide fast, convenient, homogeneous service
• D) Products are the same worldwide and global IT can help manage worldwide marketing, sales, and quality control

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Definitions:

Ordinary Simple Interest Rate

The standard interest rate applied to a loan or investment, calculated on the principal amount without compounding over a specific period.

360-Day Year

A financial calculation assumption where the year is considered to have 360 days for simplifying interest calculations.

Exact Simple Interest

Interest calculated precisely on the principal amount over a specific period, normally based on a 365-day year.

365-Day Year

A method of calculating interest that uses a fixed calendar year of 365 days for computations, commonly used in financial contexts.