What is the difference between information systems (IS) and information technology (IT)?
What will be an ideal response?
An information system (IS) is an assembly of hardware, software, data, procedures, and people that produces information. In contrast, information technology (IT) refers to the products, methods, inventions, and standards used for the purpose of producing information.
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As negotiations come to a close, what are the two key aspects of communication and negotiation that negotiators must attend to simultaneously?
What will be an ideal response?
Which characteristic is more associated with leaders than managers?
A. visionary B. trains and develops C. promote stability D. ensure operations run smoothly
Which of the following is true of FOB-origin pricing?
A) It is a strategy in which the company charges the same price plus freight to all customers. B) It is a costly option for customers who are located near the company. C) It charges all customers the freight cost from a base city to the customer location. D) It is an expensive alternative for customers in distant locations. E) It is a strategy in which the seller absorbs all or part of the freight charges.
Although test marketing costs can be high, they are often small when compared with ________
A) business analysis costs B) the costs of a major mistake C) prototype development costs D) the costs of idea generation E) research and development costs