How Can Information Technology (IT) Affect Your Cost Leadership Strategy

question 41

Multiple Choice

How can information technology (IT) affect your cost leadership strategy?

• A) IT can tighten supply chain systems
• B) IT can capture and assimilate customer information
• C) IT can help analyze and predict customer behavior
• D) IT can help with all aspects of a business to reduce costs and analyze needed information

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Definitions:

Sex Hormones

Chemical substances that serve as messengers affecting the function of specific target organs responsible for secondary sex characteristics and reproductive activity.

Steroids

A class of lipids that have a basic structure consisting of four linked carbon rings, and include many hormones, alkaloids, and vitamins.

Terpenes

A large and diverse class of organic compounds, produced primarily by plants, that are the major components of essential oils.

Isoprene

A common organic compound with the formula C5H8, used as the monomer unit in the natural synthesis of rubber and other terpenes.