Technology is defined as any machine or process that gives an organization a competitive advantage in changing materials used to produce a finished product
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Technology is defined as any machine or process that gives an organization a competitive advantage in changing materials used to produce a finished product. The technology need not be computerized, although today it often is.
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The net cash flow for February is ________. (See Table 4.3)
A) -$1,250 B) -$1,000 C) $5,750 D) $750
Which is the best-case scenario for an equity-based alliance?
A) High tacitness and high importance to direct organizational monitoring and control B) Low potential as real options and low influence of formal institutions C) High tacitness and low influence of formal institutions D) Low tacitness and high importance to direct organizational monitoring and control