All of the following statements are true about information technology's impact on business firms except

A) it helps firms expand in size.
B) it helps firms lower the cost of market participation.
C) it helps reduce internal management costs.
D) it helps reduce transaction costs.
E) it helps reduce agency costs.

A

Business

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Domain scope describes the boundaries of the domain and defines its major functions

Indicate whether the statement is true or false

Business

________ refers to an organization-wide function that is in charge of developing data policies and enforcing data standards

A) Database administration B) Data encapsulation C) Data administration D) Database encapsulation

Business