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, which can lead to expansion. However, the statement in option A is not necessarily true as IT can also enable smaller, more agile operations rather than just expansion in size.

Which of the Following Statements Is NOT True About Information