Which of the Following Is a Distinct Advantage of Using

question 38

Multiple Choice

Which of the following is a distinct advantage of using technology in organizations?

• A) Information and services can be provided on demand to customers and a worldwide customer base can be developed.
• B) By adopting superior technology, organizations do not face any challenges during a low-unemployment period.
• C) With the advent of technology, employees are not required to be trained or retrained.
• D) Staying on top of competition with technology is relatively inexpensive and cost-effective.

---

Definitions:

Scatter Diagram

A graphical representation that shows the relationship between two quantitative variables by plotting data points on a two-dimensional plane.

Least Squares Regression

A statistical method used to find the best-fitting line through a set of data points by minimizing the sum of the squares of the vertical distances of the points from the line.

Coefficient of Correlation

A mathematical gauge that assesses the strength of the bond between the relative movements of two variables.

Sum of Squares

A statistical measure that quantifies the variability or dispersion of a set of numbers by squaring their deviations from the mean.