Technology refers not just to the actual hardware but also to:

a. the processes of human behavior required to convert raw material into finished offerings.
b.
turn raw data into actionable information that can guide behaviors.
c.
the processes and interactions of human behavior required to convert raw material into finished offerings.
d.
both A and B
e.
both B and C

e

Business

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Standardization of accounting standards helps decision makers compare results from one year to the next and from one company to another.

a. true b. false

Business

When a firm aims to underprice competitors and win market share, it is using a(n) ________ strategy that requires relatively less marketing skills as compared to other strategies

A) product differentiation B) overall cost leadership C) focus D) domestic customer relationship E) price skimming

Business