Widespread Internal Use of Internet-Based Technologies, Such as Intranets and Extranets

question 53

Short Answer

Widespread internal use of Internet-based technologies, such as intranets and extranets, can substantially improve information sharing and _______________ within the business and with its trading partners.

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Definitions:

Visuals

Graphic elements such as charts, graphs, images, and videos used to supplement text or oral communication, enhancing understanding and retention.

Freewriting

A writing strategy involving continuous, nonjudgmental writing for a set period of time without regard for spelling, grammar, or topic.

Goodwill

Goodwill in business refers to the intangible asset that arises when a company acquires another entity at a price above its fair market value, reflecting the value of the company's brand, customer base, and other non-physical assets.

Incentives

Motivations or rewards designed to encourage specific actions or behaviors.