"The Information and Communications Technology (ICT) Component Is at the Very

question 19

Multiple Choice

"The information and communications technology (ICT) component is at the very heart of the company's competitive advantage." Which of the following statements is the most accurate justification of this claim?

• A) Companies benefit from the cost savings made possible through information systems.
• B) Cost of implementing technology has increased over a period of time.
• C) Most businesses involve the sale of technical or technological services.
• D) Global technological investments have increased in the past ten years.

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Definitions:

Placebo Group

A control group in an experiment that receives a sham or inert treatment, allowing researchers to measure the effect of the actual treatment against no treatment.

Significance Level

A threshold set by the researcher before an experiment to decide whether to reject the null hypothesis, typically denoted by alpha (α).

Weekly Salaries

The amount of money a person earns per week from their employment.

Female Employees

Female employees are women engaged in work for an organization or business, encompassing a wide range of roles and industries.