Information Technology Can Help All Kinds of Businesses Improve the Efficiency

question 117

True/False

Information technology can help all kinds of businesses improve the efficiency and effectiveness of their business processes and managerial decision making.

Identify the effects of complementary and substitute goods on demand.

Recognize how a change in the number of consumers affects market demand.

Understand how changes in consumer income affect demand for goods.

Identify the factors that lead to increases or decreases in market demand.