The Convergence of Real and Digital Worlds Is the Result

question 87

Multiple Choice

The convergence of real and digital worlds is the result of

• A)the work of William Gibson,who coined the term cyberspace.
• B)the implementation of ideas found in science fiction films and books.
• C)the proliferation of interlinked smartphones,tablet devices,sensors,sophisticated algorithms,databases,and other elements.
• D)Steve Jobs,the late visionary CEO of Apple,Inc.
• E)the researchers at Xerox Palo Alto Research Center (PARC).

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Definitions:

Flexible Budget

A budget that varies with levels of activity or output, allowing organizations to more accurately forecast costs and revenues over various levels of production.

Occupancy Expenses

Expenses related to occupying a space, including rent, utilities, and property insurance.

Spending Variance

The difference between the actual and planned or budgeted amount of spending, indicating over or under spending.

Client-Visits

The number of times clients or customers physically or virtually engage with a business, often used to measure engagement or service levels.