Business Case Arguments Based on Fear Are Dependent on ________

question 95

Multiple Choice

Business case arguments based on fear are dependent on ________.

• A) the belief that implementing the new information system can have significant positive consequences for the firm
• B) beliefs about organizational strategy, competitive advantage, industry forces, customer perceptions, market share, and so on
• C) data, quantitative analysis, and/or indisputable factors
• D) the notion that if the system is not implemented, the firm will lose out to the competition or go out of business
• E) the results of a qualitative analysis of employee responses to the new information system

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Definitions:

Price-taker Market

A market in which individual sellers cannot influence the market price and must accept the prevailing market price for their goods or services.

Antitheft Auto Alarms

Security devices installed in vehicles designed to deter theft by emitting a loud noise or other alerts when unauthorized access is attempted.

Increasing Cost Industry

An industry in which production costs rise as output increases, often due to factors like limited resources or increased demand for inputs.

Price-taker Firm

A company in a market where the individual firm has no control over the price of its product and must accept the prevailing market price.