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:

Conservation

The sustainable management and use of natural resources to prevent depletion or degradation, safeguarding biodiversity and ecosystems.

Scarcer

Describes a condition where resources, goods, or services become less available or in shorter supply than previously.

Price Rises

A situation where the cost of goods or services increases over time due to factors like inflation, increased demand, or higher production costs.

Future Supply

Future supply refers to the quantity of a good or service that will be available in the market at future dates, based on current expectations of production and market conditions.