The Methodology That Annually Evaluates the Key Environmental Factors Affecting

question 26

Multiple Choice

The methodology that annually evaluates the key environmental factors affecting the company to measure the value of IT is called:

• A) the balanced scorecard approach.
• B) the modified scorecard approach.
• C) the strategic imperative approach.
• D) None of the above.

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Definitions:

Greater Profits

Increased financial gains achieved by a business, indicating higher revenue over costs compared to a previous period or benchmark.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex, impacting societal equality and opportunities.

Price-Discriminating Monopolist

A monopolist that charges different prices to different consumers for the same product, based on their willingness to pay, to maximize profits.

Absolute Value

The value of a number excluding its sign, ensuring it is not negative.