Communication and Information Technologies Can Plan an Important Role in Bridging

question 58

Multiple Choice

Communication and information technologies can plan an important role in bridging gaps and breaking down barriers between organizations.Firms can leverage ________ and ________ to facilitate automated communications and coordinated actions with suppliers,distributers,and other firm partners.

• A) email; social media.
• B) telephone systems; outsourced systems
• C) point-of-sale inventory systems; RFID technology
• D) cloud systems; banking.

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Definitions:

Shipment Seized

The act of authorities taking control over goods in transit due to non-compliance with laws or regulations.

Equilibrium Price

The price at which the quantity of goods demanded by consumers equals the quantity of goods supplied by producers, resulting in market balance.

Fine

Fine refers to a monetary penalty imposed as punishment for an offense or violation, often used by governments or regulatory bodies to enforce laws and regulations.

Industry Demand

The total demand for products or services within a particular industry or sector.