The Following Are Some Common Perceptions of the IT Function

question 16

Multiple Choice

The following are some common perceptions of the IT function EXCEPT:

• A) IT costs too much.
• B) IT takes too long to deliver.
• C) IT fails to deliver competitive differentiation.
• D) IT is aligned with business strategy.
• E) IT doesn't add value.

---

Definitions:

Income Effect

The change in an individual's consumption resulting from a change in their income.

Normal Good

A good for which demand increases as the income of the consumer increases, showing a positive relationship between income and demand.

Income Effect

The impact of income fluctuations on an individual or an economy on the quantity of goods or services that is demanded.

Price Decreases

A reduction in the cost at which goods and services are sold, making them more affordable to consumers.