Complete the Following Using the Terms Listed

question 42

Multiple Choice

Complete the following using the terms listed.
-Uber and Airbnb are examples of companies referred to as _____,which use innovative business models to bring about disruption in a particular industry.

• A)CIO
• B)Knowledge management
• C)decision support system
• D)firewall
• E)application service provider
• F)virtual private network
• G)Wi-Fi
• H)intranet
• I)malware
• J)local area network
• K)data
• L)digital workforce
• M)expert system
• N)executive support system
• O)spyware
• P)database
• Q)cloud computing
• R)botnet
• S)information system
• T)disruptive innovations
• U)unicorns

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Definitions:

Expansionary Gap

A situation where the total demand in an economy exceeds its potential output, leading to inflationary pressures.

Recessionary Gap

A situation in which the real GDP is lower than the potential GDP, leading to unemployment and underutilized resources.

Supply Shock

A supply shock is an unexpected event that suddenly changes the supply of a product or commodity, leading to sudden changes in its price.

Recessionary Gap

A situation where the real Gross Domestic Product (GDP) is lower than the potential GDP, indicating underperformance in the economy.