Some of the Radical Changes Brought About by New Technologies

question 13

Multiple Choice

Some of the radical changes brought about by new technologies include:

• A) the stagnation of advertising.
• B) the proliferation of telecommunications into the hands of a few.
• C) an increase in computing costs owing to the growth of licensed software.
• D) an increase in the standards of corporate ethics.
• E) the creation of an unprecedented set of security and espionage threats.

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Definitions:

Greenfield Operation

The process of building a new business or facility from scratch in an area where no previous facilities exist, often in a foreign market.

Subsidiary Company

A company that is controlled by another company, known as the parent company or holding company.

Turnkey Operation

A business arrangement where a project or business is delivered in a complete and operational state.

Oil Refinery

An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.