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MIS 535 Homework Week 2
This file of MIS 535 Homework Week 2 covers:
The costs incurred when a firm buys on the marketplace what it cannot make itself are referred to asDisintermediationThe four major types of competitive strategy are:Information asymmetry exists whenWhen a firm provides a specialized product or service for a narrow target market better than competitors, they are using aInternet technologyThe Internet raises the bargaining power of customers byCloud computingBenchmarkingThe most successful solutions or methods for achieving a business objective are calledAn information system can enhance core competencies byThe more any given resource is applied to production, the lower the marginal gain in output, until a point is reached at which the additional inputs produce no additional output. This is referred to asNetwork economicsIn network economics, the value of a commercial software vendor's software productsCurrent technology trends will result inThe quality of ubiquity, as it relates to e-commerce, is illustrated byWhich of the following is not a recent development in e-commerce?What term best describes consumers selling goods and services electronically to other?Where there is no well understood or agreed-on procedure for making a decision, it is said to beThe type of decision that can be made by following a definite procedure is called a(n)