Technology Experts in the Area of Process Design

question 9

Multiple Choice

Technology experts in the area of process design:

• A) work to make sure systems are easy to use.
• B) leverage technology to make firms more efficient.
• C) specialize in technology for competitive advantage.
• D) focus on systems dealing with critical business data.
• E) provide direction on technology-related security issues.

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Definitions:

Nearest 0.01%

Measurement or calculation precision to the hundredth of a percent.

Equivalent Interest Rate

The interest rate that gives the same compounded financial outcome as other rates calculated over different time periods.

Nearest 0.01%

Rounding off a numerical figure to the closest one hundredth of a percent.

Equivalent Interest Rate

A rate that provides the same accumulated interest as would be obtained from several other interest rates over a given time period.