Information systems consist of all the hardware and software that a firm needs to use in order to achieve its business objectives
Indicate whether the statement is true or false
FALSE
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While choosing countries to invest in, companies sometimes choose psychic proximity to their own country. Psychic proximity can best be defined as ________
A) countries in which the company feels comfortable with the language, laws, and culture B) countries that are located close C) countries that the home country's management team have visited D) countries that have no trade barriers E) countries with good infrastructure and stable political environment
Mandarin In Town, a Chinese restaurant, opened recently in Burnsville, Minnesota. People from all over the town flocked to Mandarin to find out how good it was. This gave a big boost to the restaurant's initial business, but it caused the other restaurants in the area to lose business temporarily. The way in which Mandarin in Town hurt existing restaurants in Burnsville is an example of:
A. innovative disruption. B. creative destruction. C. crowdsourcing. D. service distortion.
The basic difference between the quick ratio and the current ratio is that the _____
a. quick ratio measures liquidity while the current ratio measures profitability b. current ratio test is a more difficult one c. current ratio includes inventories and marketable securities d. current ratio measures only the most liquid assets
Which of the following affects the company's ability to make on-time deliveries?
A) return on investment B) product's price C) warranty claims D) production cycle time