When an Organization Uses Information Technology to Develop Products, Services

question 68

Short Answer

When an organization uses information technology to develop products, services and capabilities in order to gain a strategic advantage over competitive forces in the global marketplace, it is using information systems in a _______________ role.

Understand the treatment of exports and imports in GDP calculations.

Appreciate the role of investment, including net and gross investment, in the economy.

Understand the process of accumulating costs in a job order cost system.

Demonstrate the ability to prepare and analyze job cost records.

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Definitions:

Hans Selye

A pioneering endocrinologist known for his research on the effects of stress on the human body and for defining the "General Adaptation Syndrome."

Parasympathetic Nervous System

Part of the autonomic nervous system that conserves energy by slowing the heart rate, increasing intestinal and gland activity, and relaxing sphincter muscles.

Stress

The body's response to any demand or challenge, which can be physical, mental, or emotional, and can have both positive and negative effects.

PTSD

Post-Traumatic Stress Disorder; a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.