IBM's Decision in the Late 1970s to Establish Its New

question 18

True/False

IBM's decision in the late 1970s to establish its new personal computer division in Florida,rather than close to its headquarters in New York state is an example of "contextual ambidexterity."

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Definitions:

M2

A classification of money supply that includes cash, checking deposits, and easily convertible near money like savings deposits, money market securities, and mutual funds.

Money Supply

The total financial assets existing in an economy at a specific period, incorporating cash, coins, and the balances maintained in checking and savings accounts.

Banking System

The structure of banks and financial institutions within an economy, which provides financial services including deposits, loans, and currency exchange.

M2

A measure of the money supply that includes cash, checking deposits, and easily convertible near money.