IT Can Be Used to Destroy Another Company's Competitive Advantage

question 41

True/False

IT can be used to destroy another company's competitive advantage.

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Definitions:

Insurance Premiums

Payments given to an insurer for the purpose of securing protection against monetary losses from certain risks.

Variable Cost

Expenditures that adjust based on the volume of output or services provided by a business.

Hourly Wages

The amount of money paid to an employee for each hour of work performed.

Total Costs

The aggregate amount of spending involved in generating goods or services, factoring in both stable and changeable costs.