When an Organization Uses Information Technology to Develop Products, Services

question 76

True/False

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 strategic role.

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Definitions:

Abandoned Property

Abandoned property refers to assets or possessions left by an owner who has intentionally relinquished all rights to its control and ownership.

Engagement Ring

A ring traditionally given in Western cultures by a person to their fiancée as a sign of commitment to marry.

Conditional Gift

A present or donation given with specific stipulations that must be met for the recipient to retain the gift.

Gift Revoked

The act of withdrawing or cancelling a gift before it has been transferred to or accepted by the intended recipient.