Which of the following statements is NOT true about information technology's impacts on business firms?
A)It helps firms expand in size.
B)It helps firms lower the cost of market participation.
C)It helps reduce internal management costs.
D)It helps reduce transaction costs.

Question

Quizplus · Accepted Answer

Information technology often allows firms to operate more efficiently and effectively, but it does not necessarily lead to an expansion in size. Instead, it can enable firms to optimize their operations and potentially reduce the need for physical expansion.

Which of the Following Statements Is NOT True About Information