Information Technology Has Enabled Businesses to Compete in Which of the Following

question 1

Multiple Choice

Information technology has enabled businesses to compete in which of the following ways?

• A) by being a low-cost producer of a good or service
• B) by differentiating their products or services
• C) both A and B
• D) none of the above

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Definitions:

Natural Experimental Method

An investigative technique where the researcher studies existing natural circumstances that mimic the control of a traditional experiment but lacks random assignment.

Epidemiological Study

Research investigating the frequency, patterns, and causes of diseases and health conditions in defined populations.

Longitudinal Study

A research design that involves repeated observations of the same variables over short or long periods of time.

Experiment

A systematic activity carried out to test a hypothesis, discover a new fact, or demonstrate known facts.