In the Second Part of the Information Age, Technology Is

question 2

True/False

In the second part of the Information Age, technology is everywhere and the key challenge is to apply IT to reduce reliance on IT in order to cut costs and become more profitable.

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Definitions:

Supply Chain

A global network of organizations and activities that supplies a firm with goods and services.

Disaster Risk

The potential loss or damage that may result from interactions between natural or human-induced hazards and vulnerable conditions.

Number of Suppliers

Refers to the total count of distinct suppliers that a company uses or maintains relationships with for procuring goods or services.

Unique-Event Risk

Risk associated with a specific and non-recurring event that can affect the outcome of a project or investment.