Information Competency Is the Ability to Use Technology to Locate

question 11

True/False

Information competency is the ability to use technology to locate, retrieve, evaluate, organize, and analyze information for decision making.

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Definitions:

Capacity Constraint

Capacity Constraint refers to the limitations in resources, such as production capacity or logistical capabilities, that restrict the output of a system.

Product Availability

The degree to which products are in stock and accessible to customers when they want to purchase them, impacting customer satisfaction and sales.

Supply Chain

A network connecting suppliers, manufacturers, and customers that facilitates the production, handling, and distribution of goods and services.

Profitability

The ability of a business to generate earnings above its expenses and investments, indicating the financial health and success of an entity.