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NEW QUESTION 33
In an effort to increase business efficiencies and improve customer service offered to its major trading partners, management of a manufacturing and distribution company established a secure network, which provides a secure channel for electronic data interchange between the company and its partners.
Which of the following network types is illustrated by this scenario?
- A. A local area network.
- B. A metropolitan area network.
- C. A value-added network.
- D. A wide area network.
Answer: C
NEW QUESTION 34
A restaurant deeded to expand its business to include delivery services rather than relying on third-party food delivery services. Which of the following best describes the restaurant's strategy?
- A. Risk avoidance
- B. Differentiation
- C. Vertical integration
- D. Diversification
Answer: C
NEW QUESTION 35
Which of the following is a characteristic of an emerging industry?
- A. High unit costs.
- B. Technical expertise.
- C. Low number of new firms.
- D. Established strategy of players.
Answer: A
NEW QUESTION 36
Maintenance cost at a hospital was observed to increase as activity level increased. The following data was gathered:
Activity Level -
Maintenance Cost
Month
Patient Days
January
5,600
$7,900
February
7,100
$8,500
March
5,000
$7,400
April
6,500
$8,200
May
7,300
$9,100
June
8,000
$9,800
If the cost of maintenance is expressed in an equation, what is the independent variable for this data?
- A. Fixed cost.
- B. Total maintenance cost.
- C. Patient days.
- D. Variable cost.
Answer: C
NEW QUESTION 37
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