In Terms of the Ability to Utilize Technology

question 116

Multiple Choice

In terms of the ability to utilize technology,

• A)Today everybody has unlimited access no matter where they live.
• B)There are still disparities to access between people in developed and undeveloped countries.
• C)There has been a decline in usage in the past five years.
• D)It does not impact most organizations in terms of transmitting cultural differences.

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Definitions:

Sale Price

The final amount at which an item is sold after any discounts or promotions.

Operating Expense

Costs associated with the day-to-day functioning of a business, excluding production costs but including items like rent, utilities, and salaries.

Operating Profit

The profit earned from a firm's core business operations, excluding deductions of taxes and interest.

Mark-up

The amount added to the cost price of goods to cover overhead and profit; typically expressed as a percentage of the cost.