Organizations Use the Following to Allow Suppliers and Others Limited

question 72

Multiple Choice

Organizations use the following to allow suppliers and others limited access to their networks.

• A) Intranets
• B) Extranets
• C) Firewalls
• D) Proxy servers

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Definitions:

Profit-Maximizes

The method or approach of modifying production and pricing to secure the maximum achievable profit.

Barriers To Entry

Obstacles that make it difficult for new competitors to enter a market, protecting existing firms from new entrants.

Scarce Resource

A resource with limited availability in comparison to the desired use which exceeds its supply in an economic environment.

Technological Superiority

Having more advanced and efficient technology compared to competitors, often leading to a competitive advantage.