The Shorter a Product's Life Cycle Because of Advancing IT

question 33

True/False

The shorter a product's life cycle because of advancing IT, the less important it is to innovate products quickly and continuously.

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Definitions:

Workers' Compensation Insurance

Insurance that provides medical benefits and wage replacement to employees injured on the job.

FUTA

This Act enforces a payroll tax on enterprises to finance state labor agencies, known as the Federal Unemployment Tax Act.

SUTA

State Unemployment Tax Act, which mandates unemployment insurance taxes that employers must pay.

Workers' Compensation

A type of insurance that offers medical benefits and replaces wages for workers hurt while performing their job duties.