According to the Textbook,the Use of Information and Communications Technology

question 56

Multiple Choice

According to the textbook,the use of information and communications technology in corporations has reduced the rigid hierarchical structure of corporations,but at the same time it has created:

• A) a two-strata employment system of technology experts and less autonomous clerical workers
• B) telecommuters who are totally disconnected from the corporate culture
• C) a three-strata employment system of powerful managers,autonomous technology experts,and less autonomous clerical workers
• D) unhappiness among employees who are telecommuters

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Definitions:

Quantity Supplied

The quantity of a product or service that sellers are ready and capable of offering for sale at a specific price during a certain timeframe.

Product Market

The marketplace in which final goods or services are offered to consumers, businesses, and the public sector.

Supply Curves

Supply curves graphically represent the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to sell.

Demand And Supply

The fundamental economic model that explains how prices are determined in a market, based on the desires and capabilities of buyers and sellers.