Iceberg Storage, a leading hard drive manufacturer, recently filed for bankruptcy. While most of Iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, Iceberg invested most of its retained earnings in the effort to improve its hard drives. Once the hard-drive market drastically declined, Iceberg Storage was unable to capitalize on the new technology. Which of the following does this scenario best illustrate?
A. causal ambiguity
B. path dependence
C. knowledge diffusion
D. social complexity
Answer: B
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Provide the correct term for each of the following definitions:
a. a cost that fluctuates with large changes in level of activity b. a range of activity over which costs behave as predicted c. the capacity level at which a firm believes it will operate at during the coming production cycle d. the difference between actual variable overhead and budgeted variable overhead based on inputs e. the difference between total actual overhead and total applied overhead f. the difference between total budgeted overhead based on inputs and applied overhead g. the difference between actual variable overhead and budgeted variable overhead based on output h. the difference between actual fixed overhead and budgeted fixed overhead
Kristin is examining a measure of the financial return the human resources department received for its investment in a new performance appraisal system. The new system cost $3,500 and saved more than $5,000 in payroll expenses. Kristin is examining the ________.
A. economic value added B. return on investment C. gain from investment D. balanced scorecard E. strategy
If you own a security in a company, such as common stock in IBM, you have:
a. an undivided interest in the company b. the right to sell the security back to IBM for cash c. the right to sell the security back to IBM in exchange for cash or other assets d. an undivided interest in the company and the right to sell the security back to IBM for cash e. an undivided interest in the company and the right to sell the security back to IBM in exchange for cash or other assets
For each database, there:
A) is only one physical view of data. B) are only two logical views of data. C) are multiple physical views of data. D) is only one logical view of data.