An Information System Used by an Furniture Maker Took 48

question 38

Multiple Choice

An information system used by an furniture maker took 48 hours to process an order received over the internet.After upgrading the system,processing time was reduced to sixty seconds.This is an example of

• A)productivity gains.
• B)a technological change.
• C)an improved business process.
• D)better systems integration.

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Definitions:

Restrictive Policy

A policy designed to limit or control certain actions, often used in the context of monetary or fiscal policy to control inflation or regulate the economy.

Frequent Cash-Outs

Regular transactions where cash is withdrawn from a company's account, potentially affecting its liquidity or cash reserves.

Restrictive Policy

A financial policy or strategy that aims to limit credit expansion and investment, often to curb inflation or stabilize economic growth.

Raw Materials

Basic substances in their natural, modified, or semi-processed state, used as inputs for a production process for manufacturing goods.